Latin America Vision Transformers Market Size & Outlook

The vision transformers market in Latin America is expected to reach a projected revenue of US$ 116.2 million by 2030. A compound annual growth rate of 34.7% is expected of Latin America vision transformers market from 2024 to 2030.
Revenue, 2023 (US$M)
$14.4
Forecast, 2030 (US$M)
$116.2
CAGR, 2024 - 2030
34.8%
Report Coverage
Latin America

Latin America vision transformers market, 2017-2030 (US$M)

Latin
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Latin America vision transformers market highlights

  • The Latin America vision transformers market generated a revenue of USD 14.4 million in 2023.
  • The market is expected to grow at a CAGR of 34.7% from 2024 to 2030.
  • In terms of segment, solutions was the largest revenue generating offering in 2023.
  • Solutions is the most lucrative offering segment registering the fastest growth during the forecast period.


Latin America data book summary

Market revenue in 2023USD 14.4 million
Market revenue in 2030USD 116.2 million
Growth rate34.7% (CAGR from 2023 to 2030)
Largest segmentSolutions
Fastest growing segmentSolutions
Historical data covered2017 - 2022
Base year for estimation2023
Forecast period covered2024 - 2030
Quantitative unitsRevenue in USD million
Market segmentationSolutions
Key market players worldwideAmazon Web Services, Clarifai, Alphabet Inc Class A, Hugging Face, Intel Corp, Meta Platforms Inc Class A, Microsoft Corp, NVIDIA Corp, OpenAI, Qualcomm Inc


Other key industry trends

  • In terms of revenue, Latin America region accounted for 6.6% of the global vision transformers 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 421.6 million by 2030.

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Vision Transformers Market Scope

Vision transformers market segmentation & scope
Professional Services
Application
Image Classification
Image Captioning
Image Segmentation
Object Detection
Others
End Use
Retail & E-commerce
Media & Entertainment
Automotive
Government & Defense
Healthcare & Life Sciences
Others
Countries
Canada
Mexico
U.S.
Denmark
France
Germany
Italy
Norway
Spain
Sweden
UK
Australia
China
India
Japan
South Korea
Argentina
Brazil
Kuwait
Saudi Arabia
South Africa
UAE

Vision Transformers Market Companies

Name Profile # Employees HQ Website

Latin America vision transformers 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 vision transformers market will help companies and investors design strategic landscapes.


Solutions was the largest segment with a revenue share of 100% in 2023. Horizon Databook has segmented the Latin America vision transformers market based on solutions covering the revenue growth of each sub-segment from 2017 to 2030.


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  • Our clientele includes a mix of vision transformers 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.).
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Horizon Databook provides a detailed overview of continent-level data and insights on the Latin America vision transformers market , including forecasts for subscribers. This continent databook contains high-level insights into Latin America vision transformers market from 2017 to 2030, including revenue numbers, major trends, and company profiles.

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Latin America vision transformers market

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