Latin America Cloud Service Brokerage Market Size & Outlook
The cloud service brokerage market in Latin America is expected to reach a projected revenue of US$ 1,829.3 million by 2030. A compound annual growth rate of 18.3% is expected of Latin America cloud service brokerage market from 2024 to 2030.
Revenue, 2023 (US$M)
$565.3
Forecast, 2030 (US$M)
$1,829.3
CAGR, 2024 - 2030
18.3%
Report Coverage
Latin America
Latin America cloud service brokerage market, 2018-2030 (US$M)
Latin America cloud service brokerage market highlights
- The Latin America cloud service brokerage market generated a revenue of USD 565.3 million in 2023.
- The market is expected to grow at a CAGR of 18.3% from 2024 to 2030.
- In terms of segment, integration and support was the largest revenue generating type in 2023.
- Integration and Support is the most lucrative type segment registering the fastest growth during the forecast period.
Latin America data book summary
| Market revenue in 2023 | USD 565.3 million |
| Market revenue in 2030 | USD 1,829.3 million |
| Growth rate | 18.3% (CAGR from 2023 to 2030) |
| Largest segment | Integration and support |
| Fastest growing segment | Integration and Support |
| Historical data covered | 2018 - 2022 |
| Base year for estimation | 2023 |
| Forecast period covered | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Integration and Support |
| Key market players worldwide | Accenture PLC Class A, International Business Machines Corp, Atos SE, Capgemini SE, Jamcracker, Cognizant Technology Solutions Corp Class A, DXC Technology Co Registered Shs When Issued, Infosys Ltd ADR, Hewlett Packard Enterprise Co, Fujitsu Ltd, NTT Data Group Corp, Tech Mahindra, Wipro Ltd ADR |
Other key industry trends
- In terms of revenue, Latin America region accounted for 5.4% of the global cloud service brokerage 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 7,987.9 million by 2030.
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Cloud Service Brokerage Market Scope
Cloud service brokerage market segmentation & scope
Automation and Orchestration
Billing and Provisioning
Migration and Customization
Security and Compliance
Others
Platform
Internal Brokerage Enablement
External Brokerage Enablement
Deployment
Private
Public
Hybrid
Enterprise Size
Large Enterprises
Small and Medium-sized Enterprises
Application
IT and Telecom
BFSI
Government and Public Sector
Healthcare
Consumer Goods and Retail
Manufacturing
Energy and Utilities
Others
Countries
U.S.
Canada
Mexico
UK
Spain
Italy
Germany
France
Australia
China
India
Japan
South Korea
Brazil
UAE
South Africa
Saudi Arabia
Cloud Service Brokerage Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|
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