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Cloud Computing Market in Latin America 2016-2020

Cloud Computing Market in Latin America 2016-2020

About Cloud Computing

Cloud computing solutions are IT solutions deployed over the ICT systems. These solutions eliminate the need to install in-house hardware and software. The cost of in-house IT solutions is relatively low as compared with cloud-based solutions among most of the IT deployment models. Cloud computing solutions have been implemented in a majority of organizations, irrespective of the size of businesses. Firms with high IT budgets are willing to spend more on flexible IT solutions and cloud computing solutions. However, a few firms still use on-premise solutions due to cloud security concerns and the resistance from the in-house IT department.

Technavio’s analysts forecast the cloud computing market in Latin Americato grow at a CAGR of 10.16% during the period 2016-2020.

Covered in this report

The report covers the present scenario and the growth prospects of the cloud computing market in Latin America for 2016-2020. To calculate the market size, the report considers the revenue generated from the sales of enterprise cloud computing solutions and services by vendors in Latin America.

Technavio's report, Cloud Computing Market in Latin America 2016-2020, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.

Key vendors

  • Amazon Web Services (AWS)
  • Microsoft
  • IBM
  • Google
  • Salesforce
Other prominent vendors
  • HPE
  • Oracle
  • Rackspace
  • Red Hat
  • SAP
  • Telefonica
  • TIVIT Technology
Market driver
  • Adoption of advanced technologies to support Industry 4.0
  • For a full, detailed list, view our report
Market challenge
  • Technical complexities in cloud implementation
  • For a full, detailed list, view our report
Market trend
  • Emergence of cloud platform for machine-to-machine and Internet of Things
  • For a full, detailed list, view our report
Key questions answered in this report
  • What will the market size be in 2020 and what will the growth rate be?
  • What are the key market trends?
  • What is driving this market?
  • What are the challenges to market growth?
  • Who are the key vendors in this market space?
  • What are the market opportunities and threats faced by the key vendors?
  • What are the strengths and weaknesses of the key vendors?


Press Release

Technavio Announces the Publication of its Research Report – Cloud Computing Market in Latin America 2016-2020.

Technavio recognizes the following companies as the key players in the cloud computing market in Latin America: Amazon Web Services, Microsoft, IBM, Google, and Salesforce.

Other prominent vendors in the market are: HPE, Oracle, Rackspace, Red Hat, SAP, Telefonica, and TIVIT Technology.

Commenting on the report, an analyst from Technavio’s team said: “One of latest trends in the market is growing momentum of cloud brokerage services. Cloud service brokers act as intermediaries between cloud service providers and businesses that integrate their infrastructures with cloud-computing platforms. These brokers provide management and maintenance services to enterprises. They understand the enterprise requirements and provide them with a set of vendors that meet their current requirement and to some extend future needs, as well. Cloud brokers also provide consulting services and assistance in selecting the right vendor. After procuring solutions, cloud brokers assist clients in integrating application with the existing computing infrastructures. Along with installation and maintenance, cloud service brokers also deliver deduplication, security, and data protection services to enterprises.”

According to the report, one of the primary drivers in the market is digital transformation in businesses. Digital transformation is a key enabler of cloud computing solutions. The ongoing digital reforms in industry verticals such as BFSI, healthcare, and telecom have triggered the demand for cloud computing solutions in Latin America. The digital requirements of several industry verticals are different due to dynamic consumer demand and rapid technological changes. Organizations in Latin America are investing in digital solutions such as digital banking, digital healthcare solutions, advanced manufacturing systems, and connected solutions. A majority of the aforementioned technologies are subscribed through the cloud computing infrastructure. Cloud computing solutions assist organizations in implementing digital technologies with short implementation time.

Further, the report states that one major challenge in the market is technical complexities in cloud implementation. Cloud management platform is required for managing several aspects of cloud deployment, which include monitoring of performance, capacity planning, orchestration, change management, governance, and policy enforcement. However, these involve complexity in implementation as these functions span across several departments of the organization. Also, the spending on application is high because of the hike in costs associated with regulatory compliance such as Health Insurance Portability and Accountability Act (HIPAA), Sarbanes-Oxley, and Family Educational Rights and Privacy Act (FERPA). This poses a challenge to the adoption of cloud management for efficient management of OpenStack-based multi-cloud implementations. A good cloud management platform (CMP) ensures seamless running of applications and workloads that comply with the governance, service management, and compliance policies. As a part of this compliance program, organizations also need evidence to show their adherence to governance and compliance requirements.



Companies Mentioned

Amazon Web Services, Microsoft, IBM, Google, Salesforce, HPE, Oracle, Rackspace, Red Hat, SAP, Telefonica, TIVIT Technology.

  • Executive summary
    • Highlights
  • Scope of the report
    • Market overview
      • Table Market segmentation
    • Countries covered
      • Table Countries covered for market analysis
    • Top-vendor offerings
      • Table Cloud computing solutions and service offerings
  • Market research methodology
    • Research methodology
    • Economic indicators
  • Introduction
    • Key market highlights
      • Table Cloud computing with advanced IT solutions
  • Market landscape
    • Market overview
    • Market size and forecast
      • Table Cloud computing market in Latin America 2015-2016 ($ billions)
    • Five forces analysis
      • Table Five forces analysis
  • Market segmentation by services
    • Cloud computing market in Latin America by services
      • Table Cloud computing market in Latin America by services 2015
      • Table Influence of enterprise business on SaaS, IaaS, and PaaS
    • SaaS
      • Table SaaS market in Latin America 2015-2020 ($ billions)
      • Table Salesforce revenue from the sales of cloud computing solutions and services 2015 and 2016
    • IaaS
      • Table IaaS market in Latin America 2015-2020 ($ billions)
    • PaaS
      • Table PaaS market in Latin America 2015-2020 ($ billions)
  • Market segmentation by IT deployment model
    • Cloud computing market in Latin America by IT deployment model
      • Table Cloud computing market in Latin America by IT deployment model
    • Private
    • Public
    • Hybrid
      • Table Hybrid cloud integration model
  • Geographical segmentation
    • Cloud computing market in Latin America by geography
      • Table Cloud computing market in Latin America by geography 2015
  • Key leading countries
    • Brazil
      • Table Economic overview of Brazil
    • Mexico
      • Table Economic overview of Mexico
    • Argentina
      • Table Economic overview of Argentina
    • Colombia
      • Table Economic overview of Colombia
    • Chile
      • Table Economic overview of Chile
    • Peru
      • Table Economic overview of Peru
  • Market drivers
    • Digital transformation in businesses
      • Table Digital transformation investments by major vendors
    • Adoption of advanced technologies to support Industry 4.0
    • Rising popularity of service-oriented architecture
    • Increased adoption of cloud computing in SMBs
    • Shift from CAPEX to OPEX model
  • Impact of drivers
    • Table Impact of drivers
  • Market challenges
    • Technical complexities in cloud implementation
    • Concerns over cloud security
    • Bandwidth limitations
    • Interoperability issues
  • Impact of drivers and challenges
    • Table Impact of drivers and challenges
  • Market trends
    • Growing momentum of cloud brokerage services
      • Table Cloud service brokerage model
    • Increased adoption of big data and analytics
      • Table Big data and analytics framework
    • Emergence of cloud platform for machine-to-machine and Internet of Things
    • Evolution of OpenStack
    • Database as a service: The next big thing
    • Software developers embracing cloud integrated development environment
      • Table Fundraising by global companies for IDE solutions 2016 ($ millions)
    • Rise of container technology
    • Advent of DevOps
    • Proliferation of network as a service
  • Vendor landscape
    • Competitive scenario
      • Table Competitive differentiators for vendors
    • Other prominent vendors
      • Table Other prominent vendors
  • Key vendor profile
    • AWS
    • Microsoft
    • IBM
    • Google
    • Salesforce
  • Appendix
    • List of abbreviations
  • Explore Technavio

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