Latin America Data Science Platform Market Size & Outlook

The data science platform market in Latin America is expected to reach a projected revenue of US$ 1,063.9 million by 2027. A compound annual growth rate of 26.4% is expected of Latin America data science platform market from 2021 to 2027.
Revenue, 2020 (US$M)
$206.8
Forecast, 2027 (US$M)
$1,063.9
CAGR, 2021 - 2027
26.4%
Report Coverage
Latin America

Latin America data science platform market highlights

  • The Latin America data science platform market generated a revenue of USD 206.8 million in 2020.
  • The market is expected to grow at a CAGR of 26.4% from 2021 to 2027.
  • In terms of segment, platform was the largest revenue generating component in 2020.
  • Services is the most lucrative component segment registering the fastest growth during the forecast period.
  • Country-wise, Brazil is expected to register the highest CAGR from 2021 to 2027.

Latin America data book summary

Market revenue in 2020USD 206.8 million
Market revenue in 2027USD 1,063.9 million
Growth rate26.4% (CAGR from 2020 to 2027)
Largest segmentPlatform
Fastest growing segmentServices
Historical data covered2017 - 2019
Base year for estimation2020
Forecast period covered2021 - 2027
Quantitative unitsRevenue in USD million
Market segmentationPlatform, Services
Key market players worldwideAlphabet Inc Class A, Microsoft Corp, International Business Machines Corp, Oracle Corp, TIBCO, SAS AB, SAP SE ADR, H2O.ai, Alteryx, MathWorks

Other key industry trends

  • In terms of revenue, Latin America region accounted for 4.2% of the global data science platform market in 2020.
  • Globally, North America is projected to lead the regional market in terms of revenue in 2027.
  • Asia Pacific is the fastest growing regional market and is projected to reach USD 7,551.2 million by 2027.

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Data Science Platform Market Scope

Data science platform market segmentation & scope
Platform
Services
Marketing and Sales
Logistics
Finance and Accounting
Customer Support
Others (operation and HR)
IT & Telecommunication
Healthcare
BFSI
Manufacturing
Retail
Energy and Utilities
Government
Others

Data Science Platform Market Companies

Name Profile # Employees HQ Website

Latin America data science platform 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 science platform market will help companies and investors design strategic landscapes.


Platform was the largest segment with a revenue share of 84.19% in 2020. Horizon Databook has segmented the Latin America data science platform market based on platform, services covering the revenue growth of each sub-segment from 2017 to 2027.


  • Latin America Data Science Platform Component Outlook (Revenue, USD Million, 2017-2027)
    • Platform
    • Services
  • Latin America Data Science Platform Application Outlook (Revenue, USD Million, 2017-2027)
    • Marketing and Sales
    • Logistics
    • Finance and Accounting
    • Customer Support
    • Others (operation and HR)
  • Latin America Data Science Platform Vertical Outlook (Revenue, USD Million, 2017-2027)
    • IT & Telecommunication
    • Healthcare
    • BFSI
    • Manufacturing
    • Retail
    • Energy and Utilities
    • Government
    • Others

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Horizon Databook provides a detailed overview of continent-level data and insights on the Latin America data science platform market, including forecasts for subscribers. This continent databook contains high-level insights into Latin America data science platform market from 2017 to 2027, including revenue numbers, major trends, and company profiles.

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Latin America data science platform market size, by country, 2017-2027 (US$M)

Latin America Data Science Platform Market Share, 2020 & 2027 (US$M)

Latin America data science platform market size, by country, 2017-2027 (US$M)

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