Latin America Supply Chain Management Market Size & Outlook
Latin America supply chain management market, 2017-2030 (US$M)
Related Markets
Latin America supply chain management market highlights
- The Latin America supply chain management market generated a revenue of USD 2,039.0 million in 2023.
- The market is expected to grow at a CAGR of 11.3% from 2024 to 2030.
- In terms of segment, solution was the largest revenue generating component in 2023.
- Services 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 2,039.0 million |
| Market revenue in 2030 | USD 4,312.1 million |
| Growth rate | 11.3% (CAGR from 2023 to 2030) |
| Largest segment | Solution |
| Fastest growing segment | Services |
| Historical data covered | 2017 - 2022 |
| Base year for estimation | 2023 |
| Forecast period covered | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Solution, Services |
| Key market players worldwide | SAP SE, Oracle Corp, Panasonic Holdings Corp, Infor, Manhattan Associates Inc, International Business Machines Corp, American Software Inc Class A, Korber AG |
Other key industry trends
- In terms of revenue, Latin America region accounted for 8.8% of the global supply chain 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 11,815.3 million by 2030.
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Supply Chain Management Market Scope
Supply Chain Management Market Companies
| Name | Profile | # Employees | HQ | Website |
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Latin America supply chain 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 supply chain management market will help companies and investors design strategic landscapes.
Solution was the largest segment with a revenue share of 60.01% in 2023. Horizon Databook has segmented the Latin America supply chain management market based on solution, services covering the revenue growth of each sub-segment from 2017 to 2030.
In recent years, South America has experienced significant growth in the supply chain management (SCM) market owing to the region's expanding economies, increasing international trade, and increasing emphasis on efficiency and cost reduction.
As economies expand, individuals and households tend to have higher disposable income, which increases their purchasing power. Companies are focusing on optimizing their supply chains to respond to increased demand effectively.
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Target buyers of Latin America supply chain management market databook
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Our clientele includes a mix of supply chain management 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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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 supply chain management market , including forecasts for subscribers. This continent databook contains high-level insights into Latin America supply chain management market from 2017 to 2030, including revenue numbers, major trends, and company profiles.
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Latin America supply chain management market size, by country, 2017-2030 (US$M)
Latin America Supply Chain Management Market Outlook Share, 2023 & 2030 (US$M)
Related regional statistics
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