Latin America Cloud Native Applications Market Size & Outlook
The cloud native applications market in Latin America is expected to reach a projected revenue of US$ 1,931.0 million by 2030. A compound annual growth rate of 22% is expected of Latin America cloud native applications market from 2025 to 2030.
Revenue, 2024 (US$M)
$603.7
Forecast, 2030 (US$M)
$1,931.0
CAGR, 2025 - 2030
22%
Report Coverage
Latin America
Latin America cloud native applications market, 2018-2030 (US$M)
Latin America cloud native applications market highlights
- The Latin America cloud native applications market generated a revenue of USD 520.6 million in 2023.
- The market is expected to grow at a CAGR of 20.6% from 2024 to 2030.
- In terms of segment, platforms was the largest revenue generating component in 2023.
- Platforms is the most lucrative component segment registering the fastest growth during the forecast period.
Latin America data book summary
| Market revenue in 2023 | USD 520.6 million |
| Market revenue in 2030 | USD 1,931.0 million |
| Growth rate | 20.6% (CAGR from 2023 to 2030) |
| Largest segment | Platforms |
| Fastest growing segment | Platforms |
| Historical data covered | 2018 - 2022 |
| Base year for estimation | 2023 |
| Forecast period covered | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Platforms |
| Key market players worldwide | Amazon.com Inc, Microsoft Corp, Google Cloud, International Business Machines Corp, Oracle Corp, VMware, Red Hat, Salesforce Inc, SAP SE, Cisco Systems Inc, Alibaba Group Holding Ltd ADR, Hewlett Packard Enterprise Co |
Other key industry trends
- In terms of revenue, Latin America region accounted for 7.4% of the global cloud native applications market in 2023.
- 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 7,572.9 million by 2030.
No credit card required*
Horizon in a snapshot
- 30K+ Global Market Reports
- 120K+ Country Reports
- 1.2M+ Market Statistics
- 200K+ Company Profiles
- Industry insights and more
Cloud Native Applications Market Scope
Cloud native applications market segmentation & scope
BFSI
IT and Telecom
Retail and E-commerce
Healthcare
Government & Public Sector
Manufacturing
Others
Countries
U.S.
Canada
Mexico
UK
France
Germany
Australia
China
India
Japan
South Korea
Brazil
South Africa
Saudi Arabia
UAE
Cloud Native Applications Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|
Latin America cloud native applications market size, by country, 2018-2030 (US$M)
Related industry reports
Related regional statistics
Sign up - it's easy, and free!
Sign up and get instant basic access to databook, upgrade
when ready, or enjoy our
free plan indefinitely.
Included in Horizon account
- 30K+ Global Market Reports
- 120K+ Country Reports
- 1.2M+ Market Statistics
- 200K+ Company Profiles
- Industry insights and more
