Latin America Edge Ai Software Market Size & Outlook
The edge ai software market in Latin America is expected to reach a projected revenue of US$ 524.1 million by 2030. A compound annual growth rate of 28.7% is expected of Latin America edge ai software market from 2024 to 2030.
Revenue, 2023 (US$M)
$89.6
Forecast, 2030 (US$M)
$524.1
CAGR, 2024 - 2030
28.7%
Report Coverage
Latin America
Latin America edge ai software market, 2018-2030 (US$M)
Latin America edge ai software market highlights
- The Latin America edge ai software market generated a revenue of USD 89.6 million in 2023.
- The market is expected to grow at a CAGR of 28.7% from 2024 to 2030.
- In terms of segment, instruments was the largest revenue generating product in 2023.
- Instruments is the most lucrative product segment registering the fastest growth during the forecast period.
Latin America data book summary
| Market revenue in 2023 | USD 89.6 million |
| Market revenue in 2030 | USD 524.1 million |
| Growth rate | 28.7% (CAGR from 2023 to 2030) |
| Largest segment | Instruments |
| Fastest growing segment | Instruments |
| Historical data covered | 2018 - 2022 |
| Base year for estimation | 2023 |
| Forecast period covered | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Instruments |
Other key industry trends
- In terms of revenue, Latin America region accounted for 7.2% of the global edge ai software 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 1,692.3 million by 2030.
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Edge AI Software Market Scope
Edge ai software market segmentation & scope
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Countries
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U.S.
Denmark
France
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Spain
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China
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Japan
South Korea
Thailand
Argentina
Brazil
Kuwait
Saudi Arabia
South Africa
UAE
Edge AI Software Market Companies
| Name | Profile | # Employees | HQ | Website |
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