Latin America Digital Shipyard Market Size & Outlook

The digital shipyard market in Latin America is expected to reach a projected revenue of US$ 674.4 million by 2030. A compound annual growth rate of 18.2% is expected of Latin America digital shipyard market from 2025 to 2030.
Revenue, 2024 (US$M)
$247.3
Forecast, 2030 (US$M)
$674.4
CAGR, 2025 - 2030
18.2%
Report Coverage
Latin America

Latin America digital shipyard market highlights

  • The Latin America digital shipyard market generated a revenue of USD 247.3 million in 2024.
  • The market is expected to grow at a CAGR of 18.2% from 2025 to 2030.
  • In terms of segment, hardware was the largest revenue generating solution in 2024.
  • Services is the most lucrative solution segment registering the fastest growth during the forecast period.
  • Country-wise, Brazil is expected to register the highest CAGR from 2025 to 2030.


Latin America data book summary

Market revenue in 2024USD 247.3 million
Market revenue in 2030USD 674.4 million
Growth rate18.2% (CAGR from 2025 to 2030)
Largest segmentHardware
Fastest growing segmentServices
Historical data covered2017 - 2023
Base year for estimation2024
Forecast period covered2025 - 2030
Quantitative unitsRevenue in USD million
Market segmentationHardware, Software, Services
Key market players worldwideSAP SE ADR, Wartsila Corp, BAE Systems PLC, Dassault Systemes SE, AVEVA, Siemens Healthineers AG ADR, Accenture PLC Class A, Hexagon AB ADR, Inmarsat, Damen Shipyards


Other key industry trends

  • In terms of revenue, Latin America region accounted for 7.7% of the global digital shipyard market in 2024.
  • 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 2,381.9 million by 2030.

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Digital Shipyard Market Companies

Name Profile # Employees HQ Website

Latin America digital shipyard 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 digital shipyard market will help companies and investors design strategic landscapes.


Hardware was the largest segment with a revenue share of 48.04% in 2024. Horizon Databook has segmented the Latin America digital shipyard market based on hardware, software, services covering the revenue growth of each sub-segment from 2017 to 2030.


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Horizon Databook provides a detailed overview of continent-level data and insights on the Latin America digital shipyard market , including forecasts for subscribers. This continent databook contains high-level insights into Latin America digital shipyard market from 2017 to 2030, including revenue numbers, major trends, and company profiles.

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Latin America digital shipyard market size, by country, 2017-2030 (US$M)

Latin America Digital Shipyard Market Outlook Share, 2024 & 2030 (US$M)

Latin America digital shipyard market size, by country, 2017-2030 (US$M)

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