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Latin American ICT Growth Opportunities, Forecast to 2024
Blockchain is One of the Boosters of Digital Transformation that will Revolutionize the Relationship of Trust and Create Multiple Peer-to-peer Ecosystems
30-Jul-2018
Latin America
Market Research
9AC2-00-4F-00-00
IT03712-LA-MR_22153
The primary objective of this experiential study is to identify growth opportunities for your company using new technologies such as Artificial Intelligence (AI), Blockchain, and Robotic Process Automation (RPA).
A Blockchain is a new data structure that creates trusted, distributed digital ledgers for assets and other data. It is an immutable record of digital events shared peer-to-peer between different parties. The rise of Blockchain opportunities has been enabled by breakthroughs in cryptography and computing, the tipping point of which was the 2008 paper introducing Bitcoin.
AI is a general class of technologies that seek to emulate human cognitive capabilities. Included are areas such as Machine Learning (ML), intelligent agents (IAs), deep learning, and natural language processing (NLP).
RPA is the use of software that incorporates technologies such as AI and ML to automate routine, high-volume tasks that are sensitive to human error.
AI, Blockchain, and RPA solutions drive many of the current technologies and services in the market. The revenues generated by these solutions are distributed in different services lines, as detailed below:
Consulting and Application Development - Information Technology Consulting, Business Consulting, and Application Development solutions focusing on implementations
Middleware – Entry-point APIs for developers that want to build applications
Infrastructure/Cloud – Cloud platforms to support the new environments
Professional Services - Resources to implement and support the new environments
Research Scope
Frost & Sullivan conducted detailed primary interviews with leading service providers, analyzed their quarterly and annual reports, and utilized internal databases to perform a detailed revenue analysis of the market. The resulting revenue market size reflects a sum total of our estimates for individual companies.
In this research, Frost & Sullivan examines the Market in six Latin American countries—Argentina, Brazil, Chile, Colombia, Mexico, and Peru. The study provides a market analysis, including market size, segmentation, forecasts, and vendor landscape.
The study period is from 2018 to 2024 with a base year of 2018. The study examines the current competitive landscape, market drivers and restraints, and the stage of market development. This research also provides insights regarding growth opportunities and trends that will affect market participants over the forecast period.
Key Issues Addressed
- What is the addressable market opportunity for the Blockchain and Artificial Intelligence markets ?
- What is the expected growth rate and what are the key drivers of growth for specific Blockchain and Artificial Intelligence offerings?
- What are the driving and restraining factors that will shape the future of this market?
- Who are the main providers in the Artificial Intelligence market in Latin America?
Key Findings
Key Findings (continued)
Market Definitions
Key Questions This Study Will Answer
Research Methodology
Blockchain—Research Scope
Artificial Intelligence—Research Scope
Top 10 Technologies in ICT Based on Innovation Index
Key Technology Trends in ICT
Blockchain Technology—Definition and Core Properties
Key Blockchain Benefits for Business
Blockchain Convergence
Market Drivers
Drivers Explained
Drivers Explained (continued)
Market Restraints
Restraints Explained
Revenue Forecast
Revenue Forecast Discussion
Percent Revenue Forecast by Country
Revenue Forecast by Country
Revenue Forecast Discussion by Country
Top 4 Blockchain Platform in Latin America
AI—Definition
AI—Definition (continued)
Market Drivers
Drivers Explained
Market Restraints
Restraints Explained
Revenue Forecast
Revenue Forecast by Technology
Revenue Forecast Discussion
Percent Revenue Forecast by Country
Revenue Forecast by Country
Revenue Forecast by Country (continued)
Revenue Forecast Discussion by Country
Market Share
Competitive Environment
Robotics Process Automation—Market Definition
Applications Roadmap
Business Benefits of an RPA Workforce
RPA Latin American Insights
RPA Latin American Insights (continued)
Growth Opportunity 1—Cost Reduction by the Introduction of Blockchain Technology
Growth Opportunity 2—Synergy of Blockchain with Other Technologies
Growth Opportunity 3—Detection of Human Behavior
Growth Opportunity 4—Cross-Organization Process Automation
Strategic Imperatives
The Last Word
Legal Disclaimer
Blockchain Major Prototypes and Their Attributes
Frost & Sullivan Reports Used as Additional Sources
List of Exhibits
List of Exhibits (continued)
The Frost & Sullivan Story
Value Proposition—Future of Your Company & Career
Global Perspective
Industry Convergence
360º Research Perspective
Implementation Excellence
Our Blue Ocean Strategy
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