Latin America Artificial Intelligence As A Service Market Size & Outlook, 2030

Revenue, 2024 (US$M)

$697.9

Forecast, 2030 (US$M)

$4,610.9

CAGR, 2025 - 2030

37%

Report Coverage

Latin America

Latin America artificial intelligence as a service market, 2018-2030 (US$M)

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Related Markets

Global Artificial Intelligence As A Service Industry Outlook

North America Artificial Intelligence As A Service Market Outlook

Europe Artificial Intelligence As A Service Market Outlook

Asia Pacific Artificial Intelligence As A Service Market Outlook

MEA Artificial Intelligence As A Service Market Outlook

Latin America artificial intelligence as a service market highlights

The Latin America artificial intelligence as a service market generated a revenue of USD 697.9 million in 2024.
The market is expected to grow at a CAGR of 37% from 2025 to 2030.
In terms of segment, machine learning (ml) was the largest revenue generating technology in 2024.
Machine learning (ML) is the most lucrative technology segment registering the fastest growth during the forecast period.

Latin America data book summary

Market revenue in 2024	USD 697.9 million
Market revenue in 2030	USD 4,610.9 million
Growth rate	37% (CAGR from 2024 to 2030)
Largest segment	Machine learning (ml)
Fastest growing segment	Machine learning (ML)
Historical data covered	2018 - 2023
Base year for estimation	2024
Forecast period covered	2025 - 2030
Quantitative units	Revenue in USD million
Market segmentation	Machine learning (ML)
Key market players worldwide	Amazon Web Services, Salesforce Inc, International Business Machines Corp, Intel Corp, BigML, Fair Isaac Corp, Microsoft Corp, Alphabet Inc Class A, SAP SE, Siemens AG

Other key industry trends

In terms of revenue, Latin America region accounted for 4.3% of the global artificial intelligence as a service market in 2024.
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 25,839.9 million by 2030.

Key Regions: Brazil , U.S. , UK , Japan , UAE

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Artificial Intelligence As A Service Market Scope

Artificial intelligence as a service market segmentation & scope

Technology

Machine learning (ML)

Computer Vision

Natural Language Processing (NLP)

Others(RPA, Predictive Analytics)

Service Type

Software

Data Storage and Archiving

Modeler and Processing

Cloud and Web-Based Application Programming Interface (APIs)

Others (Model Validator, Decision Report/Predictor/Training, and Report Storage)

Services

Deployment

Public

Private

Hybrid

Organization Size

Large Enterprises

Small and Medium-sized Enterprises (SMEs)

Veticle

Banking, Financial, and Insurance (BFSI)

Healthcare and Life Sciences

Retail

IT & Telecommunication

Government and Defense

Manufacturing

Energy & Utility

Others (Automative, Education, Agriculture, Transportation, and Media and Entertainment)

Offering

SaaS

PaaS

IaaS

Regions

Latin America

Europe

North America

Middle East & Africa

Asia Pacific

Countries

Canada

Mexico

U.S.

France

Germany

Australia

China

India

Japan

South Korea

Brazil

Saudi Arabia

South Africa

UAE

Artificial Intelligence As A Service Market Companies

Name	Profile	# Employees	HQ	Website

Latin America artificial intelligence as a service 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 artificial intelligence as a service market will help companies and investors design strategic landscapes.

Machine learning (ml) was the largest segment with a revenue share of 100% in 2024. Horizon Databook has segmented the Latin America artificial intelligence as a service market based on machine learning (ml) covering the revenue growth of each sub-segment from 2018 to 2030.

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Target buyers of Latin America artificial intelligence as a service market databook

Our clientele includes a mix of artificial intelligence as a service market companies, investment firms, advisory firms & academic institutions.
30% of our revenue is generated working with investment firms and helping them identify viable opportunity areas.
Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
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 artificial intelligence as a service market , including forecasts for subscribers. This continent databook contains high-level insights into Latin America artificial intelligence as a service market from 2018 to 2030, including revenue numbers, major trends, and company profiles.

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