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

RELEASE DATE
02-May-2018
REGION
North America
Research Code: 9AC2-00-4E-00-00
SKU: IT03649-NA-MR_21838
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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

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.--BEGIN PROMO--

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

More Information
No Index No
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