Latin America Enterprise Software Market Size & Outlook

The enterprise software market in Latin America is expected to reach a projected revenue of US$ 28,449.6 million by 2030. A compound annual growth rate of 12.7% is expected of Latin America enterprise software market from 2025 to 2030.
Revenue, 2024 (US$M)
$14,093.7
Forecast, 2030 (US$M)
$28,449.6
CAGR, 2025 - 2030
12.7%
Report Coverage
Latin America

Latin America enterprise software market highlights

  • The Latin America enterprise software market generated a revenue of USD 14,093.7 million in 2024.
  • The market is expected to grow at a CAGR of 12.7% from 2025 to 2030.
  • In terms of segment, enterprise resource planning (erp) software was the largest revenue generating software in 2024.
  • Other Software is the most lucrative software 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 14,093.7 million
Market revenue in 2030USD 28,449.6 million
Growth rate12.7% (CAGR from 2025 to 2030)
Largest segmentEnterprise resource planning (erp) software
Fastest growing segmentOther Software
Historical data covered2018 - 2023
Base year for estimation2024
Forecast period covered2025 - 2030
Quantitative unitsRevenue in USD million
Market segmentationEnterprise Resource Planning (ERP) Software, Business Intelligence Software, Content Management Software, Supply Chain Management Software, Customer Relationship Management Software, Other Software
Key market players worldwideAccenture PLC Class A, Broadcom Inc, Cisco Systems Inc, Roper Technologies Inc, Epicor Software (Formerly Solarsoft Business Systems), Hewlett Packard Enterprise Co, International Business Machines Corp, Koch Industries, Microsoft Corp, Oracle Corp, Salesforce Inc, SAP SE, VMware, Crate & Barrel, SYSPRO, TIBCO, Zoho


Other key industry trends

  • In terms of revenue, Latin America region accounted for 5.3% of the global enterprise software 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 125,589.5 million by 2030.

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Enterprise Software Market Companies

Name Profile # Employees HQ Website

Latin America enterprise software 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 software market will help companies and investors design strategic landscapes.


Enterprise resource planning (erp) software was the largest segment with a revenue share of 30.08% in 2024. Horizon Databook has segmented the Latin America enterprise software market based on enterprise resource planning (erp) software, business intelligence software, content management software, supply chain management software, customer relationship management software, other software covering the revenue growth of each sub-segment from 2018 to 2030.


The region is making significant efforts to support digital transformation, such as deploying fiber optics across the region to offer better connectivity. The rising trend of nearshoring technology and manufacturing operations to the Latin American region, to save operational costs associated with the deployment and maintenance of technology infrastructure, is also favoring the growth of the enterprise software market.

The increasing penetration of automated solutions, robotics, and connected technology is encouraging the adoption of enterprise software across industries such as IT & telecommunication, manufacturing, retail, and healthcare.

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Horizon Databook provides a detailed overview of continent-level data and insights on the Latin America enterprise software market , including forecasts for subscribers. This continent databook contains high-level insights into Latin America enterprise software market from 2018 to 2030, including revenue numbers, major trends, and company profiles.

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Latin America enterprise software market size, by country, 2018-2030 (US$M)

Latin America Enterprise Software Market Outlook Share, 2024 & 2030 (US$M)

Latin America enterprise software market size, by country, 2018-2030 (US$M)

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