Latin American Software- and Platform-as-a-Service Market, Forecast to 2022
Latin American Software- and Platform-as-a-Service Market, Forecast to 2022
Brazil and Mexico are Leading the Market, Forecast to Reach $6.19 Billion in 2022
02-May-2018
North America
Description
The cloud services market in Latin America has been witnessing changes in the consumer mindset toward cloud computing. Companies of different sizes and across a variety of verticals are increasingly understanding the benefits of the SaaS and PaaS solutions and therefore are making investments in the cloud.
The SaaS market has diversified industry solutions such as ERP, CRM, and HR systems already tested and integrated with most of the platforms and on-premises applications. The SaaS market is still cloud's largest market, and although its growth rate is declining year on year, it is an extremely profitable market. The expectation is that its composite growth (CAGR) between 2017 and 2022 will be 29.1%, reaching the mark of $5.31 billion in 2022. PaaS solutions are increasingly used by companies as a way to support the demand for development projects efficiently and cost-effectively. Additionally, in on-premises models, it is difficult to calculate the costs inherent to the infrastructure by project. In this way, the pace of adoption of PaaS solutions has increased and is expected to record a composite growth (CAGR) of 39.4% between 2017 and 2022. Despite the fact that the PaaS cloud segment is still small compared to the others, it will reach the mark of $882.6 million in 2022.
Key Issues Addressed
- What is the addressable market opportunity for the LATAM SaaS and PaaS market?
- What is the expected growth rate and what are the key drivers of growth for specific SaaS and PaaS offerings?
- What are the driving and restraining factors that will shape the future of this market?
- Which are the main providers in the SaaS and PaaS market in Latin America?
Table of Contents
Key Findings
Market Engineering Measurements
Market Definitions
Market Definitions (continued)
Exchange Rates
Research Methodology
SaaS–Market Drivers
Drivers Explained
Drivers Explained (continued)
SaaS—Market Restraints
Restraints Explained
Restraints Explained (continued)
PaaS–Market Drivers
Drivers Explained
PaaS—Market Restraints
Restraints Explained
Restraints Explained (continued)
Market Engineering Measurements
Revenue Forecast—PaaS
Revenue Forecast Discussion
Revenue Forecast—SaaS
Revenue Forecast Discussion
Percent Revenue Forecast by Country
Revenue Forecast by Country
Percent Revenue Forecast by Service Type
Percent Revenue Forecast Discussion
Top 10 SaaS Providers in America Latina
Top 10 PaaS Providers in America Latina
Growth Opportunity 1—Big Data & Analytics
Growth Opportunity 2—Support and Application Development
Growth Opportunity 3—Reduction of CAPEX
Strategic Imperatives for Success and Growth
The Last Word
Legal Disclaimer
List of Exhibits
The Frost & Sullivan Story
Value Proposition: Future of Your Company & Career
Global Perspective
Industry Convergence
360º Research Perspective
Implementation Excellence
Our Blue Ocean Strategy
Popular Topics
Research Scope
Frost & Sullivan has conducted detailed primary interviews with leading cloud 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 estimates for individual companies. In this research, Frost & Sullivan examines the cloud services market in six Latin American countries—Argentina, Brazil, Chile, Colombia, Mexico, and Peru—and covers public and hosted private infrastructure as a service. The study period is from 2016 to 2022, with a base year of 2017. The study
No Index | No |
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Podcast | No |
Author | Renato Rosa |
Industries | Information Technology |
WIP Number | 9AC2-00-4E-00-00 |
Keyword 1 | PaaS |
Is Prebook | No |
GPS Codes | 9658,9705-C1,9855-72,99E6-C1,9A5B-C1 |