IT Services Market in Latin America 2018-2022
About IT Services
IT services offered by vendors help organizations in managing their IT ecosystems efficiently such that clients can focus on their core competencies and business process. IT infrastructure of firms are often managed by service providers and outsourced to third-party service providers.Technavio’s analysts forecast the IT services market in Latin America to grow at a CAGR of 9.11% during the period 2018-2022.Covered in this report The report covers the present scenario and the growth prospects of the IT services market in Latin America for 2018-2022. To calculate the market size, the report presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources.The market is divided into the following segments based on geography:
Technavio Announces the Publication of its Research Report – IT Services Market in Latin America 2018-2022
Technavio recognizes the following companies as the key players in the IT services market in Latin America: Accenture, Capgemini, HCL Technologies, IBM, and SONDA.
Commenting on the report, an analyst from Technavio’s team said: “One trend in the market is increased adoption of BYOD. With the proliferation of Bring Your Own Devices (BYOD) in corporates, the demand for secure networks and IT service delivery frameworks is likely to increase in the forthcoming years to ensure that the workforce can use their personal devices through robust internet connectivity infrastructure.”
According to the report, one driver in the market is need to focus on core competencies and improve efficiency. According to our IT service market research and analysis, the rising need to focus on core competencies will be one of the key factors fueling this market’s growth during the next few years. To improve operational efficiency and focus more on core business processes, companies are increasingly preferring to outsource their IT requirements.
Further, the report states that one challenge in the market is data privacy and security risk in cloud-based services. Data privacy and security risk are the major barriers to adoption of cloud-services in organizations, especially in public cloud. Cloud security management is a challenging task for vendors to protect online data.
Hayward Industries, Maytronics, Pentair, Waterco, and Zodiac Pool Solutions."Amcor