Infrastructure as a Service - South America

  • South America
  • Revenue in the Infrastructure as a Service market is projected to reach US$3.97bn in 2024.
  • Revenue is expected to show an annual growth rate (CAGR 2024-2029) of 20.49%, resulting in a market volume of US$10.08bn by 2029.
  • The average spend per employee in the Infrastructure as a Service market is projected to reach US$19.20 in 2024.
  • In global comparison, most revenue will be generated in the United States (US$78,280.00m in 2024).

Key regions: United Kingdom, China, France, Netherlands, Germany

 
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Analyst Opinion

The Infrastructure as a Service market in South America is experiencing significant growth and development.

Customer preferences:
Customers in South America are increasingly adopting Infrastructure as a Service (IaaS) solutions due to the numerous benefits they offer. One key preference is the flexibility and scalability of IaaS, which allows businesses to easily adjust their infrastructure needs according to their requirements. Additionally, customers appreciate the cost-effectiveness of IaaS, as it eliminates the need for upfront investments in hardware and reduces maintenance costs. The ability to access infrastructure resources remotely is also highly valued, as it enables businesses to operate efficiently and securely from any location.

Trends in the market:
One major trend in the South American IaaS market is the increasing demand for cloud-based solutions. As businesses in the region continue to digitalize their operations, the need for scalable and reliable infrastructure becomes crucial. Cloud-based IaaS offers the flexibility and agility required to support these digital transformations. Furthermore, the growing popularity of edge computing is driving the demand for IaaS in South America. Edge computing allows businesses to process data closer to the source, reducing latency and improving overall performance. As a result, companies are turning to IaaS providers to support their edge computing infrastructure needs.

Local special circumstances:
South America has unique circumstances that contribute to the development of the IaaS market. One of these is the region's large and diverse geography, which poses challenges for traditional infrastructure deployment. IaaS solutions provide an efficient and cost-effective way to overcome these geographical barriers. Additionally, South America has a rapidly growing digital economy, with an increasing number of businesses embracing digital technologies. This digital transformation is driving the demand for IaaS services, as companies seek to modernize their IT infrastructure and leverage the benefits of cloud computing.

Underlying macroeconomic factors:
Several macroeconomic factors are fueling the growth of the IaaS market in South America. One key factor is the increasing internet penetration rate in the region. As more individuals and businesses gain access to the internet, the demand for cloud-based services, including IaaS, is expected to rise. Additionally, the rising adoption of mobile devices and the growing popularity of e-commerce are driving the need for scalable and reliable infrastructure. Furthermore, government initiatives to promote digitalization and innovation are creating a favorable environment for the development of the IaaS market in South America. In conclusion, the Infrastructure as a Service market in South America is experiencing significant growth and development. Customer preferences for flexibility, scalability, and cost-effectiveness are driving the adoption of IaaS solutions. The increasing demand for cloud-based and edge computing solutions is also contributing to the growth of the market. South America's unique circumstances, such as its diverse geography and growing digital economy, further support the development of the IaaS market. Additionally, underlying macroeconomic factors, such as increasing internet penetration and government initiatives, are fueling the growth of the market. Overall, the future looks promising for the IaaS market in South America.

Methodology

Data coverage:

The data encompasses B2B and B2C enterprises. Figures are based on the money spent at manufacturer price level (excluding VAT).

Modeling approach / Market size:

The segment size is determined through a top-down approach. We use financial statements such as annual reports, quarterly earnings, and expert opinions to analyze the markets. To estimate the segment size for each country individually, we use relevant key market indicators and data from country-specific industry associations, such as GDP and level of telecommunications infrastructure.

Forecasts:

We use a variety of forecasting techniques, depending on the behavior of the relevant segment. The main drivers are the GDP and the level of digitization.

Additional notes:

The data is modeled using current exchange rates. The market is updated twice a year in case market dynamics change. The impact of the COVID-19 pandemic is considered at a country-specific level.

Overview

  • Revenue
  • Key Players
  • Analyst Opinion
  • Global Comparison
  • Methodology
  • Key Market Indicators
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