Latin America Enterprise Data Management Market Size & Outlook
Latin America enterprise data management market, 2018-2030 (US$M)
Related Markets
Latin America enterprise data management market highlights
- The Latin America enterprise data management market generated a revenue of USD 5,920.1 million in 2023.
- The market is expected to grow at a CAGR of 14.2% from 2024 to 2030.
- In terms of segment, software was the largest revenue generating component in 2023.
- Service is the most lucrative component 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 5,920.1 million |
| Market revenue in 2030 | USD 14,985.9 million |
| Growth rate | 14.2% (CAGR from 2023 to 2030) |
| Largest segment | Software |
| Fastest growing segment | Service |
| Historical data covered | 2018 - 2022 |
| Base year for estimation | 2023 |
| Forecast period covered | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Software, Service |
| Key market players worldwide | International Business Machines Corp, Oracle Corp, SAP SE, Cloudera, Amazon.com Inc, Teradata Corp, Broadcom Inc, Informatica Inc, Micro Focus |
Other key industry trends
- In terms of revenue, Latin America region accounted for 6.0% of the global enterprise data management 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 15,069.6 million by 2030.
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Enterprise Data Management Market Scope
Enterprise Data Management Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|
Latin America enterprise data management 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 enterprise data management market will help companies and investors design strategic landscapes.
Software was the largest segment with a revenue share of 78.41% in 2023. Horizon Databook has segmented the Latin America enterprise data management market based on software, service covering the revenue growth of each sub-segment from 2018 to 2030.
In Latin America, the continuous adoption of advanced technologies, such as cognitive intelligence, big data, and IoT, has been among the leading factors boosting the growth of the enterprise data management market in the region.
The IT industry in Brazil is anticipated to grow as several companies, including Oracle Corporation, IBM Corporation, Teradata, are expanding their presence in the country, thereby opening up growth opportunities for the enterprise data management market.
Brazil and Mexico are increasingly focusing on investing and adopting Data Management (DM) to streamline business processes for simplicity, increase service quality, achieve digital transformation, and automate repeatable tasks.
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Target buyers of Latin America enterprise data management market databook
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Our clientele includes a mix of enterprise data management market companies, investment firms, advisory firms & academic institutions.
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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 enterprise data management market , including forecasts for subscribers. This continent databook contains high-level insights into Latin America enterprise data management market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Latin America enterprise data management market size, by country, 2018-2030 (US$M)
Latin America Enterprise Data Management Market Outlook Share, 2023 & 2030 (US$M)
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