Latin America: enterprise software segment revenue 2023

In 2023, the total revenue generated by the enterprise software industry in Latin American is forecast to amount to 8.47 billion U.S. dollars. The strongest segment in all regions was the customer relationship management software segment. This segment accounted for almost 1.74 billion U.S. dollars in South America alone. In Mexico the revenue of this segment lay at around 480 million dollars. The second biggest driver of revenue in the software market across Latin America was the enterprise resource planning software segment.

Enterprise software industry segment revenue in Latin America in 2023, by region (in million U.S. dollars)

Characteristic	Other Enterprise Software	Customer Relationship Management Software	Enterprise Resource Planning Software	Business Intelligence Software	Supply Chain Management Software
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Supplementary notes

Data provided by Statista Market Outlook are estimates
The Enterprise Software segment contains all software to support essential large-scale business activities carried out via computing devices. Software in this segment aims to perform tasks which occur solely in professional B2B environments such as Enterprise-Resource-Planning (ERP) or Customer-Relationship-Management (CRM) as well as Business Intelligence (BI) and Supply Chain Management (SCM).
Enterprise 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: Salesforce, Microsoft, Tableau, SAP. The category of other Enterprise Software aggregates revenues for enterprise software that is not specifically mentioned in the other subsegments, e.g. Content Applications, Analytic Data Management Software and Human Capital Management Software like Talent Acquisition and Workforce Management Software.

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

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