Latin America Managed Services Market Size & Outlook

The managed services market in Latin America is expected to reach a projected revenue of US$ 71,792.2 million by 2030. A compound annual growth rate of 14.3% is expected of Latin America managed services market from 2024 to 2030.
Revenue, 2023 (US$M)
$28,157.5
Forecast, 2030 (US$M)
$71,792.2
CAGR, 2024 - 2030
14.3%
Report Coverage
Latin America

Latin America managed services market highlights

  • The Latin America managed services market generated a revenue of USD 28,157.5 million in 2023.
  • The market is expected to grow at a CAGR of 14.3% from 2024 to 2030.
  • In terms of segment, managed data center was the largest revenue generating solution in 2023.
  • Managed Security is the most lucrative solution 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 28,157.5 million
Market revenue in 2030USD 71,792.2 million
Growth rate14.3% (CAGR from 2023 to 2030)
Largest segmentManaged data center
Fastest growing segmentManaged Security
Historical data covered2018 - 2022
Base year for estimation2023
Forecast period covered2024 - 2030
Quantitative unitsRevenue in USD million
Market segmentationManaged Data Center, Managed Network, Managed Mobility, Managed Infrastructure, Managed Backup and Recovery, Managed Communication, Managed Information, Managed Security
Key market players worldwideAccenture PLC Class A, Aryaka, Broadcom Inc, Cisco Systems Inc, DXC Technology Co Registered Shs When Issued, Fujitsu Ltd, HCL Technologies, HP Inc, International Business Machines Corp, Lenovo Group Ltd, Telefonaktiebolaget L M Ericsson ADR, AT&T, Atera, BMC Software, ScalePad

Other key industry trends

  • In terms of revenue, Latin America region accounted for 9.4% of the global managed services 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 162,007.6 million by 2030.

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Managed Services Market Scope

Managed services market segmentation & scope
Managed Data Center
Managed Network
Managed Mobility
Managed Infrastructure
Managed Backup and Recovery
Managed Communication
Managed Information
Managed Security
Business Process Outsourcing (BPO)
Business Support Systems
Project & Portfolio Management
Others
On-premise
Hosted
Small & Medium Enterprises (SMEs)
Large Enterprises
Financial Services
Government
Healthcare
IT & Telecom
Manufacturing
Media & Entertainment
Retail
Others

Managed Services Market Companies

Name Profile # Employees HQ Website

Latin America managed services 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 managed services market will help companies and investors design strategic landscapes.


Managed data center was the largest segment with a revenue share of 16.19% in 2023. Horizon Databook has segmented the Latin America managed services market based on managed data center, managed network, managed mobility, managed infrastructure, managed backup and recovery, managed communication, managed information, managed security covering the revenue growth of each sub-segment from 2018 to 2030.


  • Latin America Managed Services Solution Outlook (Revenue, USD Million, 2018-2030)
    • Managed Data Center
    • Managed Network
    • Managed Mobility
    • Managed Infrastructure
    • Managed Backup and Recovery
    • Managed Communication
    • Managed Information
    • Managed Security
  • Latin America Managed Services Managed Information Service (MIS) Outlook (Revenue, USD Million, 2018-2030)
    • Business Process Outsourcing (BPO)
    • Business Support Systems
    • Project & Portfolio Management
    • Others
  • Latin America Managed Services Deployment Outlook (Revenue, USD Million, 2018-2030)
    • On-premise
    • Hosted
  • Latin America Managed Services Enterprise Size Outlook (Revenue, USD Million, 2018-2030)
    • Small & Medium Enterprises (SMEs)
    • Large Enterprises
  • Latin America Managed Services End Use Outlook (Revenue, USD Million, 2018-2030)
    • Financial Services
    • Government
    • Healthcare
    • IT & Telecom
    • Manufacturing
    • Media & Entertainment
    • Retail
    • Others

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Target buyers of Latin America managed services market databook

  • Our clientele includes a mix of managed services 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.
  • Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
  • The rest of the revenue is generated working with academic and research not-for-profit institutes. We do our bit of pro-bono by working with these institutions at subsidized rates.

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

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Latin America managed services market outlook size, by country, 2018-2030 (US$M)

Latin America Managed Services Market Outlook Share, 2023 & 2030 (US$M)

Latin America managed services market outlook size, by country, 2018-2030 (US$M)

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