Latin America Business Intelligence Software Market Size & Outlook
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 2023 | USD 2,653.8 million |
| Market revenue in 2030 | USD 6,172.3 million |
| Growth rate | 12.8% (CAGR from 2023 to 2030) |
| Largest segment | Cloud bi |
| Fastest growing segment | Cloud BI |
| Historical data covered | 2018 - 2022 |
| Base year for estimation | 2023 |
| Forecast period covered | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Cloud BI |
| Key market players worldwide | International 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 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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Our clientele includes a mix of business intelligence software market companies, investment firms, advisory firms & academic institutions.
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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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