Latin America Decarbonization Market Size & Outlook
Latin America decarbonization market, 2017-2030 (US$M)
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Latin America decarbonization market highlights
- The Latin America decarbonization market generated a revenue of USD 118,481.6 million in 2023.
- The market is expected to grow at a CAGR of 10% from 2024 to 2030.
- In terms of segment, sustainable transportation services was the largest revenue generating service in 2023.
- Sustainable Transportation Services is the most lucrative service segment registering the fastest growth during the forecast period.
- Country-wise, Mexico is expected to register the highest CAGR from 2024 to 2030.
Latin America data book summary
| Market revenue in 2023 | USD 118,481.6 million |
| Market revenue in 2030 | USD 231,160.7 million |
| Growth rate | 10% (CAGR from 2023 to 2030) |
| Largest segment | Sustainable transportation services |
| Fastest growing segment | Sustainable Transportation Services |
| Historical data covered | 2017 - 2022 |
| Base year for estimation | 2023 |
| Forecast period covered | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Carbon Accounting and Reporting services, Sustainable Transportation Services, Waste Reduction and Circular Economy Services |
| Key market players worldwide | International Business Machines Corp, Atos SE, Accenture PLC Class A, Siemens AG, SAP SE, GE Vernova Inc, Dakota Software, EnergyCAP, IsoMetrix, Trinity Consultants, Deloitte |
Other key industry trends
- In terms of revenue, Latin America region accounted for 6.3% of the global decarbonization 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 1,103,082.6 million by 2030.
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Decarbonization Market Scope
Decarbonization Market Companies
| Name | Profile | # Employees | HQ | Website |
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Latin America decarbonization 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 decarbonization market will help companies and investors design strategic landscapes.
Sustainable transportation services was the largest segment with a revenue share of 49.54% in 2023. Horizon Databook has segmented the Latin America decarbonization market based on carbon accounting and reporting services, sustainable transportation services, waste reduction and circular economy services covering the revenue growth of each sub-segment from 2017 to 2030.
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Our clientele includes a mix of decarbonization market companies, investment firms, advisory firms & academic institutions.
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30% of our revenue is generated working with investment firms and helping them identify viable opportunity areas.
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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 decarbonization market , including forecasts for subscribers. This continent databook contains high-level insights into Latin America decarbonization market from 2017 to 2030, including revenue numbers, major trends, and company profiles.
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Latin America decarbonization market size, by country, 2017-2030 (US$M)
Latin America Decarbonization Market Outlook Share, 2023 & 2030 (US$M)
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