Latin America hybrid cloud computing market will be USD 4907.11 million in 2024 and is estimated to grow at a compound annual growth rate (CAGR) of 17.4% from 2024 to 2031. The market is foreseen to reach USD 16569.4 million by 2031 owing to adoption of technologies like AI, IoT.

The Latin American cloud computing market is experiencing robust growth, projected to reach a substantial market size. Driven by increasing digital transformation initiatives across various sectors, including BFSI, healthcare, and retail, the market is expected to maintain a Compound Annual Growth Rate (CAGR) of 15.45% from 2025 to 2033. This expansion is fueled by several key factors. The rising adoption of cloud-based solutions by Small and Medium Enterprises (SMEs) and large enterprises alike is a significant contributor. SMEs are increasingly leveraging cloud services for cost-effectiveness and scalability, while large enterprises are embracing cloud infrastructure to enhance operational efficiency and agility. Furthermore, government initiatives promoting digitalization across Latin America are fostering a favorable environment for cloud adoption. The increasing availability of high-speed internet infrastructure and the growing awareness of cloud security measures further contribute to market growth. The market is segmented by deployment model (public, private, hybrid), organization size (SMEs, large enterprises), and industry vertical, reflecting the diverse applications of cloud computing across various sectors. Brazil, Mexico, and other major economies within the region are witnessing the strongest growth, showcasing the vast potential of the market. The competitive landscape is characterized by a mix of global technology giants and regional players. Companies like Microsoft, Amazon Web Services (AWS), Google Cloud, and IBM are actively investing in the region, expanding their data centers and offering tailored solutions to meet the specific needs of Latin American businesses. However, challenges such as limited digital literacy in certain areas and concerns about data sovereignty and security remain. Despite these obstacles, the long-term growth outlook for the Latin American cloud computing market remains extremely positive, driven by the continuous expansion of internet penetration, the rising demand for digital services, and ongoing technological advancements. The focus on cloud-native applications and the increasing adoption of AI and Machine Learning further propel market growth. The market's dynamic nature, characterized by technological innovation and a growing base of cloud users, promises significant opportunities for businesses operating in this space. Recent developments include: March 2024: Sangfor Technologies, a global player in cybersecurity and cloud computing solutions, announced its expansion into Brazil and Colombia. This move underscores Sangfor's dedication to global growth and the provision of advanced technology solutions. By setting up local teams and forging partnerships, Sangfor Technologies is strategically positioned to replicate its success in Brazil and Colombia. In Brazil, the company has teamed up with a prominent local distributor, ensuring that its advanced cybersecurity and cloud computing solutions are readily available to local enterprises., January 2024: GFT Technologies SE, through its wholly-owned subsidiary GFT Technologies SA, entered into an agreement to acquire all shares of Sophos Solutions SAS, headquartered in Bogotá, Colombia. Sophos stands out as a prominent partner for the digital transformation of major financial institutions across North and South America, especially in Colombia. The firm is adept at modernizing core banking systems and cloud computing and boasts a workforce of over 1,700 employees. By acquiring Sophos, GFT is bolstering its international footprint by establishing a new development center and enhancing its access to Tier 1 and Tier 2 financial institutions throughout Latin America.. Key drivers for this market are: Latin America’s Government Supportive Policies on Cloud Computing, Rising Enterprise Demand for Cloud Services. Potential restraints include: Latin America’s Government Supportive Policies on Cloud Computing, Rising Enterprise Demand for Cloud Services. Notable trends are: Large Enterprises Are Expected to Hold a Significant Market Share.

Latin America's Public Cloud Managed Service market will be USD XX million in 2024 and is estimated to grow at a compound annual growth rate (CAGR) of 11.7% from 2024 to 2031. The market is foreseen to reach USD XX million by 2031 due to increasingly adopting cloud technologies.

Cloud Computing Market Growth | Industry Analysis, Size & Forecast Report

Dataset updated: Jun 27, 2024

Dataset authored and provided by: Mordor Intelligence

License: https://www.mordorintelligence.com/privacy-policy

Time period covered: 2019 - 2029

Area covered: Global

Variables measured: CAGR, Market size, Market share analysis, Global trends, Industry forecast

Description: The Cloud Computing Market size is estimated at USD 0.68 trillion in 2024, and is expected to reach USD 1.44 trillion by 2029, growing at a CAGR of 16.40% during the forecast period (2024-2029).

Report Attribute

Quantitative Units: Revenue in USD Billion, Volumes in Units, Pricing in USD

Regions and Countries Covered:

Industry Segmentation Covered:

By Cloud Computing: IaaS, SaaS, PaaS

By End-User: IT and Telecom, BFSI, Retail and Consumer Goods, Manufacturing, Healthcare, Media and Entertainment

Market Players Covered: Amazon Web Services, Google LLC, Microsoft Corporation, Alibaba Cloud, and Salesforce

Latin America MapReduce Services market will be USD xx million in 2024 and is estimated to grow at a compound annual growth rate (CAGR) of 4.4% from 2024 to 2031. The market is foreseen to reach USD xx million by 2031 owing to rising adoption of big data analytics solutions across various sectors including banking, healthcare, and retail.

Global Cloud Workload Security is segmented by Application (Cloud computing, Data centers, IT infrastructure, Cybersecurity, Data protection), Type (Cybersecurity, Cloud security, IT security, Data security, Cloud computing) and Geography(North America, LATAM, West Europe, Central & Eastern Europe, Northern Europe, Southern Europe, East Asia, Southeast Asia, South Asia, Central Asia, Oceania, MEA)

Latin America's Power Supply Unit for Server market will be USD 47.48 million in 2024 and is estimated to grow at a compound annual growth rate (CAGR) of 5.4% from 2024 to 2031. The market is foreseen to reach USD 75.7 million by 2031 due to increasing adoption of cloud computing and digital services across sectors like finance, healthcare, and retail.

The global market size of Cloud Computing in Education is $XX million in 2018 with XX CAGR from 2014 to 2018, and it is expected to reach $XX million by the end of 2024 with a CAGR of XX% from 2019 to 2024.
Global Cloud Computing in Education Market Report 2019 - Market Size, Share, Price, Trend and Forecast is a professional and in-depth study on the current state of the global Cloud Computing in Education industry. The key insights of the report:
1.The report provides key statistics on the market status of the Cloud Computing in Education manufacturers and is a valuable source of guidance and direction for companies and individuals interested in the industry.
2.The report provides a basic overview of the industry including its definition, applications and manufacturing technology.
3.The report presents the company profile, product specifications, capacity, production value, and 2013-2018 market shares for key vendors.
4.The total market is further divided by company, by country, and by application/type for the competitive landscape analysis.
5.The report estimates 2019-2024 market development trends of Cloud Computing in Education industry.
6.Analysis of upstream raw materials, downstream demand, and current market dynamics is also carried out
7.The report makes some important proposals for a new project of Cloud Computing in Education Industry before evaluating its feasibility.
There are 4 key segments covered in this report: competitor segment, product type segment, end use/application segment and geography segment.
For competitor segment, the report includes global key players of Cloud Computing in Education as well as some small players.
The information for each competitor includes:
* Company Profile
* Main Business Information
* SWOT Analysis
* Sales, Revenue, Price and Gross Margin
* Market Share

For product type segment, this report listed main product type of Cloud Computing in Education market
* Product Type I
* Product Type II
* Product Type III

For end use/application segment, this report focuses on the status and outlook for key applications. End users sre also listed.
* Application I
* Application II
* Application III

For geography segment, regional supply, application-wise and type-wise demand, major players, price is presented from 2013 to 2023. This report covers following regions:
* North America
* South America
* Asia & Pacific
* Europe
* MEA (Middle East and Africa)
The key countries in each region are taken into consideration as well, such as United States, China, Japan, India, Korea, ASEAN, Germany, France, UK, Italy, Spain, CIS, and Brazil etc.

Reasons to Purchase this Report:
* Analyzing the outlook of the market with the recent trends and SWOT analysis
* Market dynamics scenario, along with growth opportunities of the market in the years to come
* Market segmentation analysis including qualitative and quantitative research incorporating the impact of economic and non-economic aspects
* Regional and country level analysis integrating the demand and supply forces that are influencing the growth of the market.
* Market value (USD Million) and volume (Units Million) data for each segment and sub-segment
* Competitive landscape involving the market share of major players, along with the new projects and strategies adopted by players in the past five years
* Comprehensive company profiles covering the product offerings, key financial information, recent developments, SWOT analysis, and strategies employed by the major market players
* 1-year analyst support, along with the data support in excel format.
We also can offer customized report to fulfill special requirements of our clients. Regional and Countries report can be provided as well.

Global Cloud Construction Software is segmented by Application (Project Management, Cost Estimation, Collaboration, Design, Scheduling), Type (Software, SaaS, Cloud Computing, IT Services, Technology) and Geography(North America, LATAM, West Europe, Central & Eastern Europe, Northern Europe, Southern Europe, East Asia, Southeast Asia, South Asia, Central Asia, Oceania, MEA)

The global market size of Cloud Computing Stack Layers - IaaS, PaaS, SaaS is $XX million in 2018 with XX CAGR from 2014 to 2018, and it is expected to reach $XX million by the end of 2024 with a CAGR of XX% from 2019 to 2024.
Global Cloud Computing Stack Layers - IaaS, PaaS, SaaS Market Report 2019 - Market Size, Share, Price, Trend and Forecast is a professional and in-depth study on the current state of the global Cloud Computing Stack Layers - IaaS, PaaS, SaaS industry. The key insights of the report:
1.The report provides key statistics on the market status of the Cloud Computing Stack Layers - IaaS, PaaS, SaaS manufacturers and is a valuable source of guidance and direction for companies and individuals interested in the industry.
2.The report provides a basic overview of the industry including its definition, applications and manufacturing technology.
3.The report presents the company profile, product specifications, capacity, production value, and 2013-2018 market shares for key vendors.
4.The total market is further divided by company, by country, and by application/type for the competitive landscape analysis.
5.The report estimates 2019-2024 market development trends of Cloud Computing Stack Layers - IaaS, PaaS, SaaS industry.
6.Analysis of upstream raw materials, downstream demand, and current market dynamics is also carried out
7.The report makes some important proposals for a new project of Cloud Computing Stack Layers - IaaS, PaaS, SaaS Industry before evaluating its feasibility.
There are 4 key segments covered in this report: competitor segment, product type segment, end use/application segment and geography segment.
For competitor segment, the report includes global key players of Cloud Computing Stack Layers - IaaS, PaaS, SaaS as well as some small players.
The information for each competitor includes:
* Company Profile
* Main Business Information
* SWOT Analysis
* Sales, Revenue, Price and Gross Margin
* Market Share

For product type segment, this report listed main product type of Cloud Computing Stack Layers - IaaS, PaaS, SaaS market
* Product Type I
* Product Type II
* Product Type III

For end use/application segment, this report focuses on the status and outlook for key applications. End users sre also listed.
* Application I
* Application II
* Application III

For geography segment, regional supply, application-wise and type-wise demand, major players, price is presented from 2013 to 2023. This report covers following regions:
* North America
* South America
* Asia & Pacific
* Europe
* MEA (Middle East and Africa)
The key countries in each region are taken into consideration as well, such as United States, China, Japan, India, Korea, ASEAN, Germany, France, UK, Italy, Spain, CIS, and Brazil etc.

Reasons to Purchase this Report:
* Analyzing the outlook of the market with the recent trends and SWOT analysis
* Market dynamics scenario, along with growth opportunities of the market in the years to come
* Market segmentation analysis including qualitative and quantitative research incorporating the impact of economic and non-economic aspects
* Regional and country level analysis integrating the demand and supply forces that are influencing the growth of the market.
* Market value (USD Million) and volume (Units Million) data for each segment and sub-segment
* Competitive landscape involving the market share of major players, along with the new projects and strategies adopted by players in the past five years
* Comprehensive company profiles covering the product offerings, key financial information, recent developments, SWOT analysis, and strategies employed by the major market players
* 1-year analyst support, along with the data support in excel format.
We also can offer customized report to fulfill special requirements of our clients. Regional and Countries report can be provided as well.

Global Multi Cloud Storage is segmented by Application (Businesses, Enterprises, IT Departments, Cloud Computing, Data Centers), Type (Object Storage, File Storage, Block Storage, Cloud Backup, Disaster Recovery) and Geography(North America, LATAM, West Europe, Central & Eastern Europe, Northern Europe, Southern Europe, East Asia, Southeast Asia, South Asia, Central Asia, Oceania, MEA)

Global AWS Cloud Development Services is segmented by Application (Technology, Cloud Computing), Type (AWS, Cloud, Development, IT, Services) and Geography(North America, LATAM, West Europe, Central & Eastern Europe, Northern Europe, Southern Europe, East Asia, Southeast Asia, South Asia, Central Asia, Oceania, MEA)

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Bare Metal Cloud Market Size 2024-2028

The bare metal cloud market size is forecast to increase by USD 19.11 billion, at a CAGR of 32.14% between 2023 and 2028.

The market is experiencing significant growth, driven by the increasing online content and high Internet penetration. As more businesses move towards digital transformation, the demand for high-performance, low-latency infrastructure solutions is on the rise. Hyper-convergence technology is emerging as a key trend in this market, offering improved efficiency and agility through the integration of compute, storage, and networking resources. However, the market also faces challenges, including complex system integration and interoperability issues. These obstacles require careful consideration and strategic planning from companies seeking to capitalize on market opportunities and navigate challenges effectively. By focusing on innovative solutions that address these challenges, organizations can differentiate themselves in the competitive Bare Metal Cloud landscape and gain a competitive edge.

What will be the Size of the Bare Metal Cloud Market during the forecast period?

Explore in-depth regional segment analysis with market size data - historical 2018-2022 and forecasts 2024-2028 - in the full report.
Request Free SampleThe market continues to evolve, with dynamic market activities shaping its landscape. Serverless computing, a key trend, offers cost optimization through the use of an app engine that automatically manages compute resources. Elastic Beanstalk, a solution, automates deployment, capacity scaling, and application management. Disaster recovery is ensured through automated backup and recovery solutions. Artificial intelligence and machine learning are integrated into the cloud, enabling advanced data analytics. Network security is maintained through security groups and load balancers, while load balancing ensures high availability and efficient resource utilization. Cloud migration tools facilitate seamless transition to the cloud, while resource management optimizes usage and cost. Virtual machines offer flexibility and customization, while data analytics tools provide valuable insights from big data. API gateways and configuration management tools streamline application development and deployment. Hybrid cloud solutions offer the benefits of both private and public clouds. Capacity planning and monitoring tools ensure optimal performance and resource utilization. Edge computing extends cloud capabilities to the edge of the network, enhancing latency and bandwidth. Cloud orchestration tools simplify management and automation of cloud infrastructure. Serverless functions offer a cost-effective and scalable alternative to traditional virtual machines. Object storage provides scalable and cost-effective file storage, while block storage offers high-performance and reliable data storage. Continuous integration of these offerings ensures the market remains dynamic and responsive to evolving business needs.

How is this Bare Metal Cloud Industry segmented?

The bare metal cloud industry research report provides comprehensive data (region-wise segment analysis), with forecasts and estimates in 'USD million' for the period 2024-2028, as well as historical data from 2018-2022 for the following segments. End-userBFSIGovernmentIT and telecomHealthcareOthersTypeHardwareServiceApplicationCompute ServicesStorage ServicesNetworking ServicesGeographyNorth AmericaUSEuropeGermanyUKAPACChinaJapanRest of World (ROW)

By End-user Insights

The bfsi segment is estimated to witness significant growth during the forecast period.The BFSI sector is witnessing significant investment in cloud infrastructure, with bare metal cloud services being an early adoption for institutions seeking to minimize IT costs. This trend is driven by the industry's need for enhanced data security during online transactions and access violations. With the increasing digitization of financial services, such as online banking and insurance, high-end proactive processing over a cloud network is essential. Moreover, the BFSI sector's growing digital marketing efforts, particularly through mobile channels, necessitate advanced cloud capabilities. Bare metal cloud solutions offer cost optimization through resource management, enabling financial institutions to allocate computing power only when needed. Additionally, these services provide high availability, ensuring uninterrupted access to critical applications. Furthermore, bare metal cloud offers customizable configurations, enabling institutions to meet their unique requirements for network security and data analytics. Automated testing and load balancing ensure application performance and reliability, while machine learning and artificial intelligence capabilities offer predictive analysis and fraud detection. Cloud migration tools facilitate seamless transi

Global Data Center Networking is segmented by Application (Switches, Routers, Optical Devices, Network Interface Cards, Firewalls), Type (Cloud Computing, Data Storage, IT Infrastructure, Telecom Networks, Managed Services) and Geography(North America, LATAM, West Europe, Central & Eastern Europe, Northern Europe, Southern Europe, East Asia, Southeast Asia, South Asia, Central Asia, Oceania, MEA)