Latin America E-commerce Platform Market Size & Outlook
The e-commerce platform market in Latin America is expected to reach a projected revenue of US$ 461.1 million by 2030. A compound annual growth rate of 14.6% is expected of Latin America e-commerce platform market from 2024 to 2030.
Revenue, 2023 (US$M)
$177.2
Forecast, 2030 (US$M)
$461.1
CAGR, 2024 - 2030
14.6%
Report Coverage
Latin America
Latin America e-commerce platform market, 2018-2030 (US$M)
Latin America e-commerce platform market highlights
- The Latin America e-commerce platform market generated a revenue of USD 177.2 million in 2023.
- The market is expected to grow at a CAGR of 14.6% from 2024 to 2030.
- In terms of segment, cloud was the largest revenue generating deployment in 2023.
- Cloud is the most lucrative deployment segment registering the fastest growth during the forecast period.
Latin America data book summary
| Market revenue in 2023 | USD 177.2 million |
| Market revenue in 2030 | USD 461.1 million |
| Growth rate | 14.6% (CAGR from 2023 to 2030) |
| Largest segment | Cloud |
| Fastest growing segment | Cloud |
| Historical data covered | 2018 - 2022 |
| Base year for estimation | 2023 |
| Forecast period covered | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Cloud |
Other key industry trends
- In terms of revenue, Latin America region accounted for 2.1% of the global e-commerce platform market in 2023.
- Globally, Asia Pacific is projected to lead the regional market in terms of revenue in 2030.
- MEA is the fastest growing regional market and is projected to reach USD 308.1 million by 2030.
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E-commerce Platform Market Scope
E-commerce platform market segmentation & scope
Application
Apparel & Fashion
Food & Beverage
Automotive
Home & Electronics
Healthcare
BFSI & Technology
Others
Countries
U.S.
Canada
Mexico
UK
Sweden
Spain
Norway
Italy
Germany
France
Denmark
Brazil
Argentina
Australia
China
India
Japan
South Korea
Thailand
UAE
South Africa
Saudi Arabia
Kuwait
E-commerce Platform Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|
Latin America e-commerce platform market
Related industry reports
Related regional statistics
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