IT Consulting & Implementation - South America
South America- The IT Consulting & Implementation market in South America is expected to achieve a revenue of US$1.67bn by the year 2025.
- This projection indicates a steady growth rate of 4.13% annually (CAGR 2025-2030), resulting in a market volume of US$2.05bn by 2030.
- Furthermore, the average Spend per Employee in this market segment is estimated to reach US$8.00 in 2025.
- Comparatively, United States is anticipated to generate the highest revenue, reaching US$29.54bn in 2025.
- Despite economic challenges, South American countries are experiencing a surge in demand for IT consulting and implementation services to drive technological advancement and digital transformation.
- Key regions:
- Brazil,
- Italy,
- India,
- Germany,
- Netherlands
Definition :
The IT Consulting & Implementation market refers to advisory services provided by professionals and firms that help businesses evaluate their technology strategies and align them with their business strategies or internal processes. IT consulting and implementation services help organizations leverage technology effectively to streamline operations, improve efficiency, enhance security, and achieve their business objectives. Consulting areas include the overall strategy, technology architecture, and implementation. Any non-IT-related business consulting and implementation services are excluded from this analysis.
Additional Information:
The IT Consulting & Implementation market comprises revenues, revenue change, average spend per employee, and a list of the key players in the market and their consolidated revenues. Market values represent revenues that are generated by primary vendors either directly or through distribution channels at the manufacturer price level (excluding VAT). Reported market revenues include spending by enterprises (B2B) and governments (B2G). Detailed definitions of each market can be found on the respective page where the market data is displayed. Key players in the market include Accenture, IBM, Cognizant, TCS, and Infosys.
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- IT consulting on general strategy, such as McKinsey & Company, Infosys Consulting, and BCG (Boston Consulting Group)
- IT consulting on technology architecture, such as Cognizant Technology Solutions, Atos, and HCL Technologies
- IT consulting on implementation, such as Wipro Technologies, Tata Consultancy Services (TCS), and Deloitte
- Business process outsourcing, such as IBM, Infosys, and NTT Data
- IT outsourcing, such as Capgemini, Cognizant, and Fujitsu
- Human Resources Consulting, such as PwC (PricewaterhouseCoopers), Willis Towers Watson, and Aon
- Financial Consulting, such as Bain & Company, KPMG, and Oliver Wyman
- Non-IT Business Consulting
Revenue
Notes: Data was converted from local currencies using average exchange rates of the respective year.
Most recent update: Jun 2025
Source: Statista Market Insights
Notes: The chart “Comparable Estimates” shows the forecasted development of the selected market from different sources. Please see the additional information for methodology and publication date.
Most recent update: Apr 2024
Notes: Data was converted from local currencies using average exchange rates of the respective year.
Most recent update: Jun 2025
Source: Statista Market Insights
Key Players
Most recent update: Dec 2024
Source: Statista Market Insights
Analyst Opinion
The IT Consulting & Implementation market in South America has been growing steadily over the past few years, driven by several factors that are unique to the region.
Customer preferences: South American customers have shown a strong preference for IT consulting and implementation services that are tailored to their specific needs. This has led to an increase in demand for local IT service providers who have a deep understanding of the local market and can provide customized solutions that meet the unique needs of South American businesses.
Trends in the market: One of the key trends in the IT Consulting & Implementation market in South America is the increasing adoption of cloud-based solutions. This trend is being driven by the need for businesses to be more agile and flexible in the face of changing market conditions. As a result, IT service providers in South America are increasingly offering cloud-based solutions that can be easily customized to meet the needs of their clients. Another trend that is driving growth in the IT Consulting & Implementation market in South America is the increasing focus on cybersecurity. With the rise of cyber threats and the increasing importance of data privacy, businesses in South America are looking for IT service providers who can help them protect their data and ensure the security of their networks. As a result, IT service providers in South America are increasingly offering cybersecurity services as part of their consulting and implementation offerings.
Local special circumstances: One of the unique aspects of the IT Consulting & Implementation market in South America is the diversity of languages and cultures in the region. This can make it challenging for IT service providers to provide services that are tailored to the needs of each individual client. As a result, many IT service providers in South America are investing in local talent and building teams that can provide services in multiple languages and understand the unique cultural nuances of each country in the region.
Underlying macroeconomic factors: The IT Consulting & Implementation market in South America is being driven by several underlying macroeconomic factors, including the increasing adoption of technology in the region, the growth of the digital economy, and the increasing importance of data and analytics in business decision-making. Additionally, the COVID-19 pandemic has accelerated the adoption of technology in South America, as businesses have been forced to adapt to remote work and digital solutions. As a result, IT service providers in South America are seeing increased demand for their services as businesses look to modernize their IT infrastructure and stay competitive in the digital age.
Global Comparison
Notes: Data was converted from local currencies using average exchange rates of the respective year.
Most recent update: Jun 2025
Sources: Statista Market Insights, Financial Statements of Key Players, National statistical offices
Methodology
Data coverage:
The data encompasses B2G, B2B, and B2C enterprises. Figures are based on enterprises' technology spending on products, consulting, and outsourcing services.Modeling approach / Market size:
Market sizes are determined through a combined top-down and bottom-up approach, building on a specific rationale for each market segment. As a basis for evaluating markets, we use annual financial reports of key players in the industry, Statista's primary research and surveys, and IT associations. In addition, we use relevant key market indicators and data from country-specific associations, such as GDP, internet users, and telecommunication. This data helps us estimate the market size for each country individually.Forecasts:
In our forecasts, we apply diverse forecasting techniques. The selection of forecasting techniques is based on the behavior of the relevant market. For example, the exponential trend smoothing method is used based on the market data characteristics. The main drivers are the GDP and its sector composition, internet penetration, the level of digitization, and the attitude toward IT security.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 and the Russia-Ukraine war is considered at a country-specific level.Technology
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Key Market Indicators
Notes: Based on data from IMF, World Bank, UN and Eurostat
Most recent update: Jan 2025
Source: Statista Market Insights
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