Latin America Application Transformation Market Size & Outlook
Latin America application transformation market, 2018-2030 (US$M)
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Latin America application transformation market highlights
- The Latin America application transformation market generated a revenue of USD 861.5 million in 2022.
- The market is expected to grow at a CAGR of 15.1% from 2023 to 2030.
- In terms of segment, large enterprise was the largest revenue generating enterprise size in 2022.
- Small & Medium Enterprise is the most lucrative enterprise size segment registering the fastest growth during the forecast period.
- Country-wise, Brazil is expected to register the highest CAGR from 2023 to 2030.
Latin America data book summary
| Market revenue in 2022 | USD 861.5 million |
| Market revenue in 2030 | USD 2,651.0 million |
| Growth rate | 15.1% (CAGR from 2022 to 2030) |
| Largest segment | Large enterprise |
| Fastest growing segment | Small & Medium Enterprise |
| Historical data covered | 2018 - 2021 |
| Base year for estimation | 2022 |
| Forecast period covered | 2023 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Large Enterprise, Small & Medium Enterprise |
| Key market players worldwide | Accenture PLC Class A, Atos SE, Capgemini SE, Cognizant Technology Solutions Corp Class A, Fujitsu Ltd, HCL Technologies, International Business Machines Corp, Infosys Ltd ADR, Microsoft Corp, Oracle Corp, Bell Integrator, Micro Focus, Trianz |
Other key industry trends
- In terms of revenue, Latin America region accounted for 8.4% of the global application transformation market in 2022.
- Globally, North America is projected to lead the regional market in terms of revenue in 2030.
- Asia Pacific is the fastest growing regional market and is projected to reach USD 7,571.4 million by 2030.
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Application Transformation Market Scope
Application Transformation Market Companies
| Name | Profile | # Employees | HQ | Website |
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Latin America application transformation market outlook
The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to application transformation market will help companies and investors design strategic landscapes.
Large enterprise was the largest segment with a revenue share of 65.05% in 2023. Horizon Databook has segmented the Latin America application transformation market based on large enterprise, small & medium enterprise covering the revenue growth of each sub-segment from 2018 to 2030.
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Target buyers of Latin America application transformation market databook
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Our clientele includes a mix of application transformation market companies, investment firms, advisory firms & academic institutions.
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30% of our revenue is generated working with investment firms and helping them identify viable opportunity areas.
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Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
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The rest of the revenue is generated working with academic and research not-for-profit institutes. We do our bit of pro-bono by working with these institutions at subsidized rates.
Horizon Databook provides a detailed overview of continent-level data and insights on the Latin America application transformation market, including forecasts for subscribers. This continent databook contains high-level insights into Latin America application transformation market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
Partial client list
Latin America application transformation market size, by country, 2018-2030 (US$M)
Latin America Application Transformation Market Share, 2023 & 2030 (US$M)
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