Latin America Patch Management Market Size & Outlook

The patch management market in Latin America is expected to reach a projected revenue of US$ 173.4 million by 2030. A compound annual growth rate of 12% is expected of Latin America patch management market from 2024 to 2030.
Revenue, 2023 (US$M)
$78.6
Forecast, 2030 (US$M)
$173.4
CAGR, 2024 - 2030
12%
Report Coverage
Latin America

Latin America patch management market highlights

  • The Latin America patch management market generated a revenue of USD 78.6 million in 2023.
  • The market is expected to grow at a CAGR of 12% from 2024 to 2030.
  • In terms of segment, software was the largest revenue generating solution in 2023.
  • Services is the most lucrative solution segment registering the fastest growth during the forecast period.
  • Country-wise, Mexico is expected to register the highest CAGR from 2024 to 2030.

Latin America data book summary

Market revenue in 2023USD 78.6 million
Market revenue in 2030USD 173.4 million
Growth rate12% (CAGR from 2023 to 2030)
Largest segmentSoftware
Fastest growing segmentServices
Historical data covered2018 - 2022
Base year for estimation2023
Forecast period covered2024 - 2030
Quantitative unitsRevenue in USD million
Market segmentationSoftware, Services
Key market players worldwideMicrosoft Corp, Broadcom Inc, International Business Machines Corp, VMware, Qualys Inc, Freshworks Inc Ordinary Shares Class A, SolarWinds Corp Ordinary Shares, Thoma Bravo, Symantec, Automox, Kaseya, NinjaOne, Pulseway, Heimdal, SysAid

Other key industry trends

  • In terms of revenue, Latin America region accounted for 10.9% of the global patch management 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 348.6 million by 2030.

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Patch Management Market Companies

Name Profile # Employees HQ Website

Latin America patch management 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 patch management market will help companies and investors design strategic landscapes.


Software was the largest segment with a revenue share of 63.74% in 2023. Horizon Databook has segmented the Latin America patch management market based on software, services covering the revenue growth of each sub-segment from 2018 to 2030.


  • Latin America Patch Management Solution Outlook (Revenue, USD Million, 2018-2030)
    • Software
    • Services
  • Latin America Patch Management Deployment Outlook (Revenue, USD Million, 2018-2030)
    • Cloud
    • On-premise
  • Latin America Patch Management Enterprise Size Outlook (Revenue, USD Million, 2018-2030)
    • Small and medium-sized enterprises
    • Large enterprises
  • Latin America Patch Management Vertical Outlook (Revenue, USD Million, 2018-2030)
    • BFSI
    • IT and Telecom
    • Retail & E-commerce
    • Healthcare
    • Manufacturing
    • Government
    • Energy & Utilities
    • Others

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

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Latin America patch management market size, by country, 2018-2030 (US$M)

Latin America Patch Management Market Outlook Share, 2023 & 2030 (US$M)

Latin America patch management market size, by country, 2018-2030 (US$M)

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