Latin America Business Intelligence Software Market Size & Outlook

The business intelligence software market in Latin America is expected to reach a projected revenue of US$ 6,172.3 million by 2030. A compound annual growth rate of 12.8% is expected of Latin America business intelligence software market from 2024 to 2030.
Revenue, 2023 (US$M)
$2,653.8
Forecast, 2030 (US$M)
$6,172.3
CAGR, 2024 - 2030
12.8%
Report Coverage
Latin America

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Latin America business intelligence software market, 2018-2030 (US$M)

Latin America business intelligence software market, 2018-2030 (US$M)

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Latin America business intelligence software market highlights

  • The Latin America business intelligence software market generated a revenue of USD 2,653.8 million in 2023.
  • The market is expected to grow at a CAGR of 12.8% from 2024 to 2030.
  • In terms of segment, cloud bi was the largest revenue generating technology in 2023.
  • Cloud BI is the most lucrative technology segment registering the fastest growth during the forecast period.


Latin America data book summary

Market revenue in 2023USD 2,653.8 million
Market revenue in 2030USD 6,172.3 million
Growth rate12.8% (CAGR from 2023 to 2030)
Largest segmentCloud bi
Fastest growing segmentCloud BI
Historical data covered2018 - 2022
Base year for estimation2023
Forecast period covered2024 - 2030
Quantitative unitsRevenue in USD million
Market segmentationCloud BI
Key market players worldwideInternational Business Machines Corp, Microsoft Corp, Oracle Corp, Sisense, Qlik, SAP SE ADR


Other key industry trends

  • In terms of revenue, Latin America region accounted for 7.2% of the global business intelligence software 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 22,409.1 million by 2030.

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Business Intelligence Software Market Scope

Business intelligence software market segmentation & scope
Mobile BI
Social BI
Function
Finance
Operations
Executive Management
Sales
Human Resources
Supply Chain
Marketing
Deployment
On-premise
Cloud
Enterprise Size
Large Enterprises
SMEs
End User
BFSI
Manufacturing
Healthcare
Retail
IT and Telecommunications
Others

Business Intelligence Software Market Companies

Name Profile # Employees HQ Website
Qlik View profile 1001-5000 King Of Prussia, Pennsylvania, United States, North America https://www.qlik.com/
Sisense View profile 501-1000 New York, New York, United States, North America http://www.sisense.com
SAP SE ADR View profile 107602 Dietmar-Hopp-Allee 16, Walldorf, BW, Germany, 69190 https://www.sap.com
Microsoft Corp View profile 221000 One Microsoft Way, Redmond, WA, United States, 98052-6399 https://www.microsoft.com
International Business Machines Corp View profile 282200 One New Orchard Road, Armonk, NY, United States, 10504 http://www.ibm.com
Oracle Corp View profile 164000 2300 Oracle Way, Austin, TX, United States, 78741 https://www.oracle.com

Latin America business intelligence software 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 business intelligence software market will help companies and investors design strategic landscapes.


Cloud bi was the largest segment with a revenue share of 100% in 2023. Horizon Databook has segmented the Latin America business intelligence software market based on cloud bi covering the revenue growth of each sub-segment from 2018 to 2030.


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Target buyers of Latin America business intelligence software market databook

  • Our clientele includes a mix of business intelligence software 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.).
  • The rest of the revenue is generated working with academic and research not-for-profit institutes. We do our bit of pro-bono by working with these institutions at subsidized rates.

Horizon Databook provides a detailed overview of continent-level data and insights on the Latin America business intelligence software market , including forecasts for subscribers. This continent databook contains high-level insights into Latin America business intelligence software market from 2018 to 2030, including revenue numbers, major trends, and company profiles.

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