Description

The public cloud services market transcends the limitations of geography. Anyone with an internet connection can access software and data placed in the public cloud. In this sense, the public cloud levels the commercial playing field, enabling businesses of every size, industry, and region to compete in the global economy.

Participants in the Latin American public cloud services market, specifically for infrastructure as a service (IaaS) and platform as a service (PaaS), are headquartered outside the region and their service offerings are largely accessible to all customers globally. The Frost RadarTM assesses how these global participants particularly address the needs of their customers in Latin American nations.

Latin America has lagged other regions in adoption of cloud services, but the slow early adoption is being offset by growth rates that exceed other regions. Frost & Sullivan research indicates Latin American cloud IaaS and PaaS revenue will grow at a 40.9% compound annual growth rate (CAGR) through 2028, far exceeding the 33.6% global CAGR. To seize the growing opportunity, US-based hyperscale cloud service providers are increasing their investment in Latin America. Dominant Chinese firms also are establishing a presence in the region.

The Frost Radar™ reveals the market positioning of companies in an industry using their Growth and Innovation scores as highlighted in the Frost Radar™ methodology. The document presents competitive profiles on each of the companies in the Frost Radar™ based on their strengths, opportunities, and a small discussion on their positioning. Frost & Sullivan analyzes hundreds of companies in an industry and benchmarks them across 10 criteria on the Frost Radar™, where the leading companies in the industry are then positioned.

Author: Lynda Stadtmueller