1. Market Research
  2. > Advanced IT Market Trends
Latin American Big Data and Analytics Market, Forecast to 2023

Latin American Big Data and Analytics Market, Forecast to 2023

  • February 2018
  • 78 pages
  • ID: 5362982
  • Format: PDF
  • Frost & Sullivan


Table of Contents

As the Maturity Evolves, Data Turns into Insights
The Latin American Big Data and Analytics (BDA) market generated revenues of US$2.992,5 million in 2017, and is expected to reach US$ 8.593,5 million by 2023, representing a CAGR of 19.2%.

Big Data and Analytics help organizations make proactive real-time decisions using data.This enables companies to improve customer experience, especially as customer loyalty is now low and access to information in high; better understand customers; and be able to quantify it crucial for competitive advantage.

The BDA market is gaining traction in the Latin American region. Companies of all verticals are becoming more familiar with the concepts and the benefits of implementing BDA solutions.

The Latin American BDA market is still in its growth stage.Many industry verticals are already open to proofs of concept, integrating key applications, such as enterprise resource planning (ERP) and customer relationship management (CRM) software platforms, with a higher capacity of storage, processing, and analysis.

The exponential growth of data has forced companies to rethink their capacity to use such data to make more intelligent decision in real time. This, in turn, has led to the implementation of new data solutions such as data forecast, visualization and dynamic data decision.

The Latin American BDA market has two distinguished aspects in terms of maturity.Business Intelligence solutions and general-purpose analytics software have seen widespread adoption and have increased the market size in 2017 (the base year of this study).

Complex solutions, such as predictive analytics and machine learning, are not very widely implemented yet but will directly impact growth rates during the forecast period.

BDA Core Products and Services will be the most demanded service throughout the forecast period, but other categories will also gain momentum.The growth of user-friendly solutions, which do not require extensive technical knowledge, will affect the market positively.

Even though these solutions have a lower price compared to complex platforms, their potential users base will grow within the companies.

Advanced analytics as perspective and cognitive are a reality worldwide, but the reality in Latin America tends toward more simple solutions such as descriptive and predictive analytics impacting the size of the market in the short term. The assumption is that this situation will change gradually in the coming years.

New technologies and business models will have an important role in the growth of the Big Data Analytics services market, especially those related to Internet of Things (IoT).Analytics can offer insights through predicting, monitoring, and scrutinizing the collected data through efficient mining algorithms.

It is thus expected to improve efficiencies related to, for example, inventory management, sales, and continuous monitoring of devices.

Get Industry Insights. Simply.

  • Latest reports & slideshows with insights from top research analysts
  • 150+ Million searchable statistics with tables, figures & datasets
  • More than 25,000 trusted sources
  • Single User License — provides access to the report by one individual.
  • Department License — allows you to share the report with up to 5 users
  • Site License — allows the report to be shared amongst all employees in a defined country
  • Corporate License — allows for complete access, globally.

ReportLinker may already be registered as a supplier with your company. If you want to Order by PO, check with us first and we'll let you know if we are a registered supplier and what the vendor number is. Otherwise, we'll provide you with the necessary information to register ReportLinker as a vendor.

Ahmad helps you find the right report:

The research specialist advised us on the best content for our needs and provided a great report and follow-up, thanks very much we shall look at ReportLinker in the future.

Kate Merrick

Global Marketing Manager at
Eurotherm by Schneider Electric

We were impressed with the support that ReportLinker’s research specialists’ team provided. The report we purchased was useful and provided exactly what we want.

Category Manager at

ReportLinker gave access to reliable and useful data while avoiding dispersing resources and spending too much time on unnecessary research.

Executive Director at
PwC Advisory

The customer service was fast, responsive, and 100% professional in all my dealings (...) If we have more research needs, I'll certainly prioritize working with ReportLinker!

Scott Griffith

Vice President Marketing at
Maurice Sporting Goods

The research specialist provided prompt, helpful instructions for accessing ReportLinker's product. He also followed up to make sure everything went smoothly and to ensure an easy transition to the next stage of my research

Jessica P Huffman

Research Associate at
American Transportation Research Institute

Excellent customer service. Very responsive and fast.

Director, Corporate Strategy at

I reached out to ReportLinker for a detailed market study on the Air Treatment industry. The quality of the report, the research specialist’s willingness to solve my queries exceeded my expectations. I would definitely recommend ReportLinker for in-depth industry information.

Mariana Mendoza

Global Platform Senior Manager at
Whirlpool Corporation

Thanks! I like what you've provided and will certainly come back if I need to do further research works.

Bee Hin Png

CEO at
LDR Pte Ltd

The research specialist advised us on the best content for our needs and provided a great report and follow-up, thanks very much we shall look at ReportLinker in the future.

Kate Merrick

Global Marketing Manager at
Eurotherm by Schneider Electric

  • How we can help
    • I am not sure if the report I am interested in will fulfill my needs. Can you help me?
    • Yes, of course. You can call us at +33(0) 4 37 65 17 03 or drop us an email at researchadvisor@reportlinker.com to let us know more about your requirements.
    • We buy reports often - can ReportLinker get me any benefits?
    • Yes. Set up a call with a Senior Research Advisor to learn more - researchadvisor@reportlinker.com or +33(0) 4 37 65 17 03.
    • I have had negative experiences with market research reports before. How can you avoid this from happening again?
    • We advise all clients to read the TOC and Summary and list your questions so that we can get more insight for you before you make any purchase decision. A research advisor will accompany you so that you can compare samples and reports from different sources, and choose the study that is right for you.

  • Report Delivery
    • How and when I will receive my Report?
    • Most reports are delivered right away in a pdf format, while others are accessed via a secure link and access codes. Do note that sometimes reports are sent within a 12 hour period, depending on the time zones. However, you can contact us to escalate this. Should you need a hard copy, you can check if this option is offered for the particular report, and pay the related fees.
  • Payment conditions
    • What payment methods do you accept?
      1. Credit card : VISA, American Express, Mastercard, or
      2. You can download an invoice to pay by wire transfer, check, or via a Purchase Order from your company, or
      3. You can pay via a Check made out in US Dollars, Euros, or British Pounds for the full amount made payable to ReportLinker
    • What are ReportLinker’s Payment Terms?
    • All payments must normally be submitted within 30 days. However, you can let us know if you need extended time.
    • Are Taxes and duties included?
    • All companies based in France must pay a 20% tax per report. The same applies to all individuals based in the EU. All EU companies must supply their VAT number when purchasing to avoid this charge.
    • I’m not satisfied. Can I be refunded?
    • No. Once your order has been processed and the publisher has received a notification to send you the report, we cannot issue any refund or cancel any order. As these are not ‘traditional’ products that can be returned, reports that are dispatched are considered to be ‘consumed’.
  • User license
    • The license that you should acquire depends on the number of persons that need to access the report. This can range from Single User (only one person will have the right to read or access the report), or Department License (up to 5 persons), to Site License (a group of persons based in the same company location), or Corporate License (the entire company personnel based worldwide). However, as publishers have different terms and conditions, we can look into this for you.
Purchase Reports From Reputable Market Research Publishers

Big Data and Business Analytics Market by Component Deployment Model, Analytics Tool, Application, and Industry Vertical : Global Opportunity Analysis and Industry Forecast, 2020–2027

  • $ 4126
  • September 2020
  • 350 pages

Big Data and Business Analytics Market by Component (Hardware, Software, and Service) Deployment Model (On-premise and Cloud), Analytics Tool (Dashboard & Data Visualization, Data Mining & Warehousing, ...

  • APAC
  • World
  • Data Analytics
  • Business Intelligence
  • Industry analysis


Reportlinker.com © Copyright 2021. All rights reserved.

ReportLinker simplifies how Analysts and Decision Makers get industry data for their business.

Make sure you don’t miss any news and follow us on