System Infrastructure Software - South America

South America

Revenue in the System Infrastructure Software market is projected to reach US$3.26bn in 2024.
Revenue is expected to show an annual growth rate (CAGR 2024-2028) of 1.65%, resulting in a market volume of US$3.48bn by 2028.
In global comparison, most revenue will be generated in the United States (US$74,880.00m in 2024).

Key regions: Japan, United States, United Kingdom, Australia, France

Market

Region

Region comparison

Currency

Analyst Opinion

The demand for System Infrastructure Software in South America has been steadily increasing in recent years due to various factors.

Customer preferences: South American businesses are increasingly adopting cloud-based solutions to manage their operations, leading to a growing demand for System Infrastructure Software. This is due to the flexibility, scalability, and cost-effectiveness that cloud-based solutions provide. Additionally, businesses are also looking for software that can integrate with their existing systems, allowing for seamless data transfer and management.

Trends in the market: Brazil, the largest economy in South America, accounts for a significant portion of the System Infrastructure Software market in the region. The country has been investing heavily in technology infrastructure, which has led to increased adoption of cloud-based solutions. Additionally, there has been a rise in demand for cybersecurity solutions, which has further fueled the growth of the System Infrastructure Software market.Argentina, another major economy in the region, has also seen growth in the System Infrastructure Software market. This can be attributed to the country's increasing focus on digital transformation and the adoption of cloud-based solutions. The government has also been promoting the use of technology in various sectors, which has further driven the demand for System Infrastructure Software.

Local special circumstances: Chile, a relatively small economy in South America, has been experiencing significant growth in the System Infrastructure Software market. This can be attributed to the country's stable political environment and strong economic fundamentals. Additionally, the government has been promoting the use of technology to drive economic growth, which has led to increased investment in the sector.

Underlying macroeconomic factors: The growing demand for System Infrastructure Software in South America can be attributed to various underlying macroeconomic factors. These include the increasing adoption of cloud-based solutions, rising demand for cybersecurity solutions, and the promotion of technology by governments in the region. Additionally, the region's strong economic fundamentals and stable political environment have also contributed to the growth of the market.

Methodology

Data coverage:

The data encompasses B2B, B2G, and B2C enterprises. Figures are based on the allocation to the country where the money was 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, level of digitization, GDP sector composition, and observed level of software piracy.

Forecasts:

We use a variety of forecasting techniques, for instance, advanced statistical methods, 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.