Latin America Data Monetization Market Size & Outlook
Latin America data monetization market, 2018-2030 (US$M)
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Latin America data monetization market highlights
- The Latin America data monetization market generated a revenue of USD 316.5 million in 2023.
- The market is expected to grow at a CAGR of 26.1% from 2024 to 2030.
- In terms of segment, large enterprises was the largest revenue generating enterprise size in 2023.
- SMEs 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 2024 to 2030.
Latin America data book summary
| Market revenue in 2023 | USD 316.5 million |
| Market revenue in 2030 | USD 1,605.1 million |
| Growth rate | 26.1% (CAGR from 2023 to 2030) |
| Largest segment | Large enterprises |
| Fastest growing segment | SMEs |
| Historical data covered | 2018 - 2022 |
| Base year for estimation | 2023 |
| Forecast period covered | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Large Enterprises, SMEs |
| Key market players worldwide | Accenture PLC Class A, Cisco Systems Inc, Domo Inc, Thales, International Business Machines Corp, Infosys Ltd ADR, Reltio, SAP SE |
Other key industry trends
- In terms of revenue, Latin America region accounted for 9.7% of the global data monetization 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 4,253.5 million by 2030.
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Data Monetization Market Scope
Data Monetization Market Companies
| Name | Profile | # Employees | HQ | Website |
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Latin America data monetization 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 data monetization market will help companies and investors design strategic landscapes.
Large enterprises was the largest segment with a revenue share of 68.56% in 2023. Horizon Databook has segmented the Latin America data monetization market based on large enterprises, smes covering the revenue growth of each sub-segment from 2018 to 2030.
In Latin America, businesses across several industries are focusing on automating their production lines and merging all services on unified platforms. This has propelled the demand for data monetization services and tools to execute all business processes efficiently.
Businesses in Brazil and Mexico are focusing on investing in and adopting Data Management (DM) solutions to streamline business processes for simplicity, increase service quality, achieve digital transformation, and automate repeatable tasks.
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Our clientele includes a mix of data monetization market companies, investment firms, advisory firms & academic institutions.
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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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Horizon Databook provides a detailed overview of continent-level data and insights on the Latin America data monetization market , including forecasts for subscribers. This continent databook contains high-level insights into Latin America data monetization market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Latin America data monetization market size, by country, 2018-2030 (US$M)
Latin America Data Monetization Market Outlook Share, 2023 & 2030 (US$M)
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