Market revenue in 2024 | USD 14,093.7 million |
Market revenue in 2030 | USD 28,449.6 million |
Growth rate | 12.7% (CAGR from 2025 to 2030) |
Largest segment | Enterprise resource planning (erp) software |
Fastest growing segment | Other Software |
Historical data covered | 2018 - 2023 |
Base year for estimation | 2024 |
Forecast period covered | 2025 - 2030 |
Quantitative units | Revenue in USD million |
Market segmentation | Enterprise Resource Planning (ERP) Software, Business Intelligence Software, Content Management Software, Supply Chain Management Software, Customer Relationship Management Software, Other Software |
Key market players worldwide | Accenture 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 |
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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.
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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