Latin America Hybrid Cloud Market Size & Outlook

The hybrid cloud market in Latin America is expected to reach a projected revenue of US$ 23,391.2 million by 2030. A compound annual growth rate of 15.1% is expected of Latin America hybrid cloud market from 2024 to 2030.
Revenue, 2023 (US$M)
$8,722.4
Forecast, 2030 (US$M)
$23,391.2
CAGR, 2024 - 2030
15.1%
Report Coverage
Latin America

Latin America hybrid cloud market highlights

  • The Latin America hybrid cloud market generated a revenue of USD 8,722.4 million in 2023.
  • The market is expected to grow at a CAGR of 15.1% from 2024 to 2030.
  • In terms of segment, infrastructure as a service (iaas) was the largest revenue generating service in 2023.
  • Platform as a Service (PaaS) is the most lucrative service 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 2023USD 8,722.4 million
Market revenue in 2030USD 23,391.2 million
Growth rate15.1% (CAGR from 2023 to 2030)
Largest segmentInfrastructure as a service (iaas)
Fastest growing segmentPlatform as a Service (PaaS)
Historical data covered2018 - 2022
Base year for estimation2023
Forecast period covered2024 - 2030
Quantitative unitsRevenue in USD million
Market segmentationInfrastructure as a Service (IaaS), Platform as a Service (PaaS), Software as a Service (SaaS)
Key market players worldwideAlibaba Group Holding Ltd ADR, Amazon.com Inc, Adobe Inc, Alphabet Inc Class A, Microsoft Corp, International Business Machines Corp, Oracle Corp, Salesforce Inc, SAP SE, Workday Inc Class A

Other key industry trends

  • In terms of revenue, Latin America region accounted for 7.5% of the global hybrid cloud 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 77,516.3 million by 2030.

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Hybrid Cloud Market Companies

Name Profile # Employees HQ Website

Latin America hybrid cloud 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 hybrid cloud market will help companies and investors design strategic landscapes.


Infrastructure as a service (iaas) was the largest segment with a revenue share of 37.74% in 2023. Horizon Databook has segmented the Latin America hybrid cloud market based on infrastructure as a service (iaas), platform as a service (paas), software as a service (saas) covering the revenue growth of each sub-segment from 2018 to 2030.


  • Latin America Hybrid Cloud Service Outlook (Revenue, USD Million, 2018-2030)
    • Infrastructure as a Service (IaaS)
    • Platform as a Service (PaaS)
    • Software as a Service (SaaS)
  • Latin America Hybrid Cloud Application Outlook (Revenue, USD Million, 2018-2030)
    • BFSI
    • IT & Telecom
    • Retail & Cosumer Goods
    • Others
    • Government & Hybrid Sector
    • Government & Private Sector
    • Government & Public Sector
    • Media & Entertainment
    • Healthcare
    • Energy & Utilities
    • Manufacturing
  • Latin America Hybrid Cloud Enterprise Size Outlook (Revenue, USD Million, 2018-2030)
    • Large Enterprises
    • Small & Medium Enterprises

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Target buyers of Latin America hybrid cloud market databook

  • Our clientele includes a mix of hybrid cloud market companies, investment firms, advisory firms & academic institutions.
  • 30% of our revenue is generated working with investment firms and helping them identify viable opportunity areas.
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Horizon Databook provides a detailed overview of continent-level data and insights on the Latin America hybrid cloud market , including forecasts for subscribers. This continent databook contains high-level insights into Latin America hybrid cloud market from 2018 to 2030, including revenue numbers, major trends, and company profiles.

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Latin America hybrid cloud market size, by country, 2018-2030 (US$M)

Latin America Hybrid Cloud Market Outlook Share, 2023 & 2030 (US$M)

Latin America hybrid cloud market size, by country, 2018-2030 (US$M)

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