Latin America Open Source Services Market Size & Outlook

The open source services market in Latin America is expected to reach a projected revenue of US$ 11,409.9 million by 2030. A compound annual growth rate of 16.5% is expected of Latin America open source services market from 2024 to 2030.
Revenue, 2023 (US$M)
$3,915.9
Forecast, 2030 (US$M)
$11,409.9
CAGR, 2024 - 2030
16.5%
Report Coverage
Latin America

To keep accessing Horizon, please sign in or register for a free account

  • Access to global market statistics
  • Access to company profiles
  • Free use-cases & research insights

No credit card required*

Latin America open source services market, 2017-2030 (US$M)

Latin America open source services market, 2017-2030 (US$M)

To keep accessing Horizon, please sign in or register for a free account

  • Access to global market statistics
  • Access to company profiles
  • Free use-cases & research insights

No credit card required*

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 2023USD 3,915.9 million
Market revenue in 2030USD 11,409.9 million
Growth rate16.5% (CAGR from 2023 to 2030)
Largest segmentIntegration & deployment
Fastest growing segmentManaged Services
Historical data covered2017 - 2022
Base year for estimation2023
Forecast period covered2024 - 2030
Quantitative unitsRevenue in USD million
Market segmentationIntegration & Deployment, Training & Consulting, Managed Services, Support & Maintenance
Key market players worldwideRed 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.

No credit card required*

Horizon in a snapshot

  • 30K+ Global Market Reports
  • 120K+ Country Reports
  • 1.2M+ Market Statistics
  • 200K+ Company Profiles
  • Industry insights and more

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

Reasons to subscribe to Latin America open source services market databook:

  • Access to comprehensive data: Horizon Databook provides over 1 million market statistics and 20,000+ reports, offering extensive coverage across various industries and regions.
  • Informed decision making: Subscribers gain insights into market trends, customer preferences, and competitor strategies, empowering informed business decisions.
  • Cost-Effective solution: It's recognized as the world's most cost-effective market research database, offering high ROI through its vast repository of data and reports.
  • Customizable reports: Tailored reports and analytics allow companies to drill down into specific markets, demographics, or product segments, adapting to unique business needs.
  • Strategic advantage: By staying updated with the latest market intelligence, companies can stay ahead of competitors, anticipate industry shifts, and capitalize on emerging opportunities.

Target buyers of Latin America open source services market databook

  • Our clientele includes a mix of open source services 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 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

  • logo

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)

Latin America open source services market size, by country, 2017-2030 (US$M)

Sign up - it's easy, and free!

Sign up and get instant basic access to databook, upgrade
when ready, or enjoy our free plan indefinitely.

Explore all plans

Included in Horizon account

  • 30K+ Global Market Reports
  • 120K+ Country Reports
  • 1.2M+ Market Statistics
  • 200K+ Company Profiles
  • Industry insights and more
Chat with us
Research Assistance
Online