Latin America Generative Ai In Fintech Market Size & Outlook
The generative ai in fintech market in Latin America is expected to reach a projected revenue of US$ 858.4 million by 2030. A compound annual growth rate of 43% is expected of Latin America generative ai in fintech market from 2024 to 2030.
Revenue, 2023 (US$M)
$70.1
Forecast, 2030 (US$M)
$858.4
CAGR, 2024 - 2030
43%
Report Coverage
Latin America
Latin America generative ai in fintech market, 2017-2030 (US$M)
Related Markets
Latin America generative ai in fintech market highlights
- The Latin America generative ai in fintech market generated a revenue of USD 70.1 million in 2023.
- The market is expected to grow at a CAGR of 43% from 2024 to 2030.
- In terms of segment, software was the largest revenue generating component in 2023.
- Software is the most lucrative component segment registering the fastest growth during the forecast period.
- Country-wise, Brazil is expected to register the highest CAGR from 2024 to 2030.
Latin America data book summary
| Market revenue in 2023 | USD 70.1 million |
| Market revenue in 2030 | USD 858.4 million |
| Growth rate | 43% (CAGR from 2023 to 2030) |
| Largest segment | Software |
| Fastest growing segment | Software |
| Historical data covered | 2017 - 2022 |
| Base year for estimation | 2023 |
| Forecast period covered | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Service, Software |
| Key market players worldwide | Microsoft Corp, Alphabet Inc Class A, International Business Machines Corp, Adobe Inc, Salesforce Inc |
Other key industry trends
- In terms of revenue, Latin America region accounted for 6.1% of the global generative ai in fintech market in 2023.
- Globally, Asia Pacific 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 3,908.5 million by 2030.
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Generative AI In Fintech Market Scope
Generative ai in fintech market segmentation & scope
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Generative AI In Fintech Market Companies
| Name | Profile | # Employees | HQ | Website |
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Latin America generative ai in fintech market size, by country, 2017-2030 (US$M)
Latin America Generative AI In Fintech Market Outlook Share, 2023 & 2030 (US$M)
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