Latin America It Services Outsourcing Market Size & Outlook
Latin America it services outsourcing market, 2018-2030 (US$M)
Related Markets
Latin America it services outsourcing market highlights
- The Latin America it services outsourcing market generated a revenue of USD 59,451.6 million in 2021.
- The market is expected to grow at a CAGR of 10.1% from 2022 to 2028.
- In terms of segment, application services was the largest revenue generating service in 2021.
- Emerging technology services is the most lucrative service segment registering the fastest growth during the forecast period.
- Country-wise, Mexico is expected to register the highest CAGR from 2022 to 2028.
Latin America data book summary
| Market revenue in 2021 | USD 59,451.6 million |
| Market revenue in 2028 | USD 116,334.7 million |
| Growth rate | 10.1% (CAGR from 2021 to 2028) |
| Largest segment | Application services |
| Fastest growing segment | Emerging technology services |
| Historical data covered | 2016 - 2020 |
| Base year for estimation | 2021 |
| Forecast period covered | 2022 - 2028 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Application services, Emerging technology services, Data center operations, Helpdesk services, Infrastructure capacity services, Managed security operations, Network operations |
| Key market players worldwide | Accenture PLC Class A, International Business Machines Corp, Fujitsu Ltd, Hewlett Packard Enterprise Co, SAP SE ADR, Capgemini SE, Cognizant Technology Solutions Corp Class A, Infosys Ltd ADR, NTT Data Group Corp, Oracle Corp |
Other key industry trends
- In terms of revenue, Latin America region accounted for 9.8% of the global it services outsourcing market in 2021.
- Globally, North America is projected to lead the regional market in terms of revenue in 2028.
- Asia Pacific is the fastest growing regional market and is projected to reach USD 292,162.2 million by 2028.
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IT Services Outsourcing Market Scope
IT Services Outsourcing Market Companies
| Name | Profile | # Employees | HQ | Website |
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Latin America it services outsourcing 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 it services outsourcing market will help companies and investors design strategic landscapes.
Application services was the largest segment with a revenue share of 21.05% in 2024. Horizon Databook has segmented the Latin America it services outsourcing market based on application services, emerging technology services, data center operations, helpdesk services, infrastructure capacity services, managed security operations, network operations covering the revenue growth of each sub-segment from 2018 to 2030.
- Latin America IT Services Outsourcing Service Outlook (Revenue, USD Million, 2018-2030)
- End Use Services
- Emerging technology services
- Data center operations
- Helpdesk services
- Infrastructure capacity services
- Managed security operations
- Network operations
- Others
- Latin America IT Services Outsourcing Location Outlook (Revenue, USD Million, 2018-2030)
- On-shore
- Off-shore
- Latin America IT Services Outsourcing Enterprise Size Outlook (Revenue, USD Million, 2018-2030)
- Large Enterprise
- Small & Medium-sized Enterprise (SMEs)
- Latin America IT Services Outsourcing End Use Outlook (Revenue, USD Million, 2018-2030)
- Aerospace & Defense
- BFSI
- Healthcare
- Retail & E-Commerce
- Telecom & Media
- Others
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Our clientele includes a mix of it services outsourcing market companies, investment firms, advisory firms & academic institutions.
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30% of our revenue is generated working with investment firms and helping them identify viable opportunity areas.
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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 it services outsourcing market , including forecasts for subscribers. This continent databook contains high-level insights into Latin America it services outsourcing market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
Partial client list
Latin America it services outsourcing market size, by country, 2016-2028 (US$M)
Latin America IT Services Outsourcing Market Outlook Share, 2024 & 2030 (US$M)
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