LAC: productivity software segment revenue 2023

In 2023, the total revenue generated by the productivity software industry in Latin American is forecast to amount 2.17 billion U.S. dollars. The strongest segment in South America was the administrative software segment accounting for around 376.7 million U.S. dollars. In Mexico, the revenue of this segment lay at around 98 million dollars.

Revenue of productivity software segments in Latin America in 2023, by region (in million U.S. dollars)

Characteristic	Office Software	Collaboration Software	Administrative Software	Construction and Design Software	Creative Software
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Supplementary notes

Data provided by Statista Market Outlook are estimates
The segment Productivity Software includes application software to support business activities operated on a computing device. It covers common applications like Office Software which is used in both B2B and B2C environments but also specialized professional software such as CAD, editing, modeling and animation, and other related software most often used in a business-context. Productivity Software can be provided in one of two ways: on-premises software is sold via a transactional license or as a subscription, and cloud-based software (software as a service / SaaS) is most often sold as a subscription. Company examples: Intuit, Microsoft, Adobe, Citrix.

All figures are estimate. A detailed methodology can be found in the Statista Market Outlook.

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