Latin America Open Source Services Market Size & Outlook
Related Markets
Latin America open source services market highlights
- The Latin America open source services market generated a revenue of USD 3,915.9 million in 2023.
- The market is expected to grow at a CAGR of 16.5% from 2024 to 2030.
- In terms of segment, integration & deployment was the largest revenue generating services in 2023.
- Managed Services is the most lucrative services segment registering the fastest growth during the forecast period.
- Country-wise, Brazil is expected to register the highest CAGR from 2024 to 2030.
Latin America data book summary
| Market revenue in 2023 | USD 3,915.9 million |
| Market revenue in 2030 | USD 11,409.9 million |
| Growth rate | 16.5% (CAGR from 2023 to 2030) |
| Largest segment | Integration & deployment |
| Fastest growing segment | Managed Services |
| Historical data covered | 2017 - 2022 |
| Base year for estimation | 2023 |
| Forecast period covered | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Integration & Deployment, Training & Consulting, Managed Services, Support & Maintenance |
| Key market players worldwide | Red Hat, Amazon.com Inc, Databricks, HashiCorp Inc Ordinary Shares Class A, Alphabet Inc Class A, Cisco Systems Inc, Microsoft Corp, Oracle Corp, SAP SE |
Other key industry trends
- In terms of revenue, Latin America region accounted for 13.9% of the global open source services 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 20,786.7 million by 2030.
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Open Source Services Market Scope
Open Source Services Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|---|---|---|---|
| Red Hat | View profile | 10001+ | Raleigh, North Carolina, United States, North America | http://www.redhat.com |
| HashiCorp Inc Ordinary Shares Class A | View profile | 2200 | 101 Second Street, Suite 700, San Francisco, CA, United States, 94105 | https://www.hashicorp.com |
| Databricks | View profile | 5001-10000 | San Francisco, California, United States, North America | https://databricks.com |
| Cisco Systems Inc | View profile | 84900 | 170 West Tasman Drive, San Jose, CA, United States, 95134-1706 | https://www.cisco.com |
| SAP SE | View profile | 107602 | Dietmar-Hopp-Allee 16, Walldorf, BW, Germany, 69190 | https://www.sap.com |
| Alphabet Inc Class A | View profile | 180895 | 1600 Amphitheatre Parkway, Mountain View, CA, United States, 94043 | https://www.abc.xyz |
| Microsoft Corp | View profile | 221000 | One Microsoft Way, Redmond, WA, United States, 98052-6399 | https://www.microsoft.com |
| Oracle Corp | View profile | 164000 | 2300 Oracle Way, Austin, TX, United States, 78741 | https://www.oracle.com |
| Amazon.com Inc | View profile | 1525000 | 410 Terry Avenue North, Seattle, WA, United States, 98109-5210 | https://www.amazon.com |
Latin America open source services 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 open source services market will help companies and investors design strategic landscapes.
Integration & deployment was the largest segment with a revenue share of 31.12% in 2023. Horizon Databook has segmented the Latin America open source services market based on integration & deployment, training & consulting, managed services, support & maintenance covering the revenue growth of each sub-segment from 2017 to 2030.
- Latin America Open Source Services Services Outlook (Revenue, USD Million, 2017-2030)
- Integration & Deployment
- Training & Consulting
- Managed Services
- Support & Maintenance
- Latin America Open Source Services Deployment Outlook (Revenue, USD Million, 2017-2030)
- On-premise
- Cloud
- Hybrid
- Latin America Open Source Services Application Outlook (Revenue, USD Million, 2017-2030)
- BFSI
- IT and ITeS
- Telecommunication and Media
- Industrial
- Retail & e-commerce
- Others
- Latin America Open Source Services End User Outlook (Revenue, USD Million, 2017-2030)
- Large Enterprises
- Small & Medium Enterprises
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Target buyers of Latin America open source services market databook
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Our clientele includes a mix of open source services market companies, investment firms, advisory firms & academic institutions.
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30% of our revenue is generated working with investment firms and helping them identify viable opportunity areas.
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Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
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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 open source services market , including forecasts for subscribers. This continent databook contains high-level insights into Latin America open source services market from 2017 to 2030, including revenue numbers, major trends, and company profiles.
Partial client list
Latin America open source services market size, by country, 2017-2030 (US$M)
Latin America Open Source Services Market Outlook Share, 2023 & 2030 (US$M)
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