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South & Central America Cloud Computing Market Forecast to 2028 - COVID-19 Impact and Regional Analysis - by Service Model [Infrastructure as a Service (IaaS), Platform as a Service (PaaS), and Software as a Service (SaaS)], Deployment Model (Public Cloud and Private Cloud), Organization Size [Small & Medium-Sized Enterprises (SMEs) and Large Enterprises], and Industry Verticals (BFSI, IT and Telecom, Government and Public Sector, Retail and Consumer Goods, Manufacturing, Healthcare and Life Sciences, and Others)
Market Report I 2022-09-19 I 181 Pages I The Insight Partners
The South & Central America cloud computing market is expected to grow from US$ 10,854.28 million in 2022 to US$ 35,179.64 million by 2028; it is estimated to grow at a CAGR of 21.7% from 2022 to 2028.
On-premises data hosting costs in terms of implementation and maintenance, electricity costs, employee expenses, and downtime issues are a few concerns of enterprises. For better productivity, startups and SMEs are shifting their business models to online and cloud. Furthermore, the current competitive environment and economic conditions have accelerated the uptake of a cost-effective business model. The shift of businesses toward digital transformation, enhanced customer experience, and reduced enterprise cost positively impacted the cloud computing market growth. Cloud computing eliminates costs associated with installing, constructing, and managing business operations, which are fundamental difficulties encountered by SMEs. Small businesses are adopting cloud computing in their organizations due to its various benefits, such as flexibility, better security, cost cutting, and scalability. Flexible cloud computing solutions react quickly according to the requirements of organizations. Cloud computing diversifies workloads across an organization and allows employees to work from anywhere. When companies use cloud computing, they can easily hire a low-cost workforce. This allows SMEs to address the needs of their customers as quickly as possible. For many businesses, regular infrastructural security is quite challenging to monitor and maintain. Cloud-based solutions are much safer than traditional solutions, especially for small-scale businesses. Large expenditures and specialization are required, which cannot be accommodated or possible for SMEs. Besides, SMEs are most prone to exposure to other security threats, such as hardware failures, power outages, and other human errors. As a result, cloud computing solutions easily overcome these security challenges because cloud computing companies have already invested time and effort in upholding security standards and operational practices. The pay-as-you-go model allows companies to pay for cloud services only when they use them, resulting in lower costs. It assists SMEs in reducing unnecessary expenses and requiring them to spend only on operational costs rather than capital expenditures. Modern businesses are rapidly expanding, and various cloud computing resources allow for scalability due to factors, such as storage, features, and the number of users.
By introducing new features and technologies, vendors in the South & Central America cloud computing market can attract new customers and expand their footprints in emerging markets. This factor is likely to drive the market growth at a notable CAGR during the forecast period.
South & Central America Cloud Computing Market Revenue and Forecast to 2028 (US$ Million)
South & Central America Cloud Computing Market Segmentation
The South & Central America cloud computing market is segmented on the basis of service model, deployment model, organization size, industry verticals, and country. Based on service model, the market is segmented into infrastructure as a service (IaaS), platform as a service (PaaS), and software as a service (SaaS). Based on deployment model, the South & Central America cloud computing market is bifurcated into public cloud and private cloud. By organization size, the market is segmented into small & medium-sized enterprises (SMEs) and large enterprises. Based on industry verticals , the South & Central America cloud computing market is segmented into BFSI, IT and Telecom, government and public sector, retail and consumer goods, manufacturing, healthcare and life sciences, and others. Based on country, the South & Central America cloud computing market is segmented into the Brazil, Argentina and Rest of South & Central America.
South & Central America Cloud Computing Market -Companies Mentioned
Amazon Web Services ; Microsoft Corporation ; SAP SE ; IBM Corporation ; Salesforce.com, inc. ; Google LLC ; Oracle Corporation ; and Adobe are a few major companies operating in the South & Central America cloud computing market .
TABLE OF CONTENTS
1. Introduction
1.1 Scope of the Study
1.2 The Insight Partners Research Report Guidance
1.3 Market Segmentation
1.3.1 South & Central America Cloud Computing Market - By Service Model
1.3.2 South & Central America Cloud Computing Market - By Infrastructure as a Service (IaaS)
1.3.3 South & Central America Cloud Computing Market - By Platform as a Service (PaaS)
1.3.4 South & Central America Cloud Computing Market - By Software as a Service (SaaS)
1.3.5 South & Central America Cloud Computing Market - By Deployment Model
1.3.6 South & Central America Cloud Computing Market - By Organization Size
1.3.7 South & Central America Cloud Computing Market - By Vertical
1.3.8 South & Central America Cloud Computing Market - By Country
2. Key Takeaways
3. Research Methodology
3.1 Coverage
3.2 Secondary Research
3.3 Primary Research
4. South & Central America Cloud Computing Market Landscape
4.1 Market Overview
4.2 PEST Analysis
4.2.1 SAM
4.3 Ecosystem Analysis
4.4 Expert Opinion
5. South & Central America Cloud Computing Market - Key Market Dynamics
5.1 Market Drivers
5.1.1 COVID-19 Outbreak Fuels Demand for Cloud-based Solutions
5.1.2 Cost optimization Drives Cloud Uptake
5.2 Market Restraints
5.2.1 Risk of Unplanned Downtime, Unexpected Costs, Security Breaches, and Data Leaks Limits Cloud Adoption
5.3 Market Opportunities
5.3.1 Increasing Uptake of Cloud in SMEs
5.4 Future Trends
5.4.1 Acceptance of Cloud Solutions as Mainstream IT Deployment Option
5.5 Impact Analysis of Drivers and Restraints
6. South & Central America Cloud Computing Market - Market Analysis
6.1 South & Central America Cloud Computing Market Forecast and Analysis
7. South & Central America Cloud Computing Market Revenue and Forecasts To 2028 Service Model
7.1 Overview
7.2 South & Central America Cloud Computing Market, By Service Model (2021 and 2028)
7.3 Infrastructure as a Service (IaaS)
7.3.1 Overview
7.3.2 Infrastructure as a Service (IaaS): South & Central America Cloud Computing Market Revenue and Forecast To 2028 (US$ Million)
7.3.2.1 Storage
7.3.2.2 Overview
7.3.2.2.1 Storage: South & Central America Cloud Computing Market Revenue and Forecast To 2028 (US$ Million)
7.3.2.3 Archiving
7.3.2.4 Overview
7.3.2.4.1 Archiving: South & Central America Cloud Computing Market Revenue and Forecast To 2028 (US$ Million)
7.3.2.5 Compute
7.3.2.6 Overview
7.3.2.6.1 Compute: South & Central America Cloud Computing Market Revenue and Forecast To 2028 (US$ Million)
7.3.2.7 Others
7.3.2.8 Overview
7.3.2.8.1 Others: South & Central America Cloud Computing Market Revenue and Forecast To 2028 (US$ Million)
7.4 Platform as a Service (PaaS)
7.4.1 Overview
7.4.2 Platform as a Service (PaaS): South & Central America Cloud Computing Market Revenue and Forecast To 2028 (US$ Million)
7.4.2.1 Application
7.4.2.2 Overview
7.4.2.2.1 Application: South & Central America Cloud Computing Market Revenue and Forecast To 2028 (US$ Million)
7.4.2.3 Integration
7.4.2.4 Overview
7.4.2.4.1 Integration: South & Central America Cloud Computing Market Revenue and Forecast To 2028 (US$ Million)
7.4.2.5 Data Management
7.4.2.6 Overview
7.4.2.6.1 Data Management: South & Central America Cloud Computing Market Revenue and Forecast To 2028 (US$ Million)
7.4.2.7 Others
7.4.2.8 Overview
7.4.2.8.1 Others: South & Central America Cloud Computing Market Revenue and Forecast To 2028 (US$ Million)
7.5 Software as a Service (SaaS)
7.5.1 Overview
7.5.2 Software as a Service (SaaS): South & Central America Cloud Computing Market Revenue and Forecast To 2028 (US$ Million)
7.5.2.1 Customer Relationship Management (CRM)
7.5.2.2 Overview
7.5.2.2.1 Customer Relationship Management (CRM): South & Central America Cloud Computing Market Revenue and Forecast To 2028 (US$ Million)
7.5.2.3 Enterprise Resource Planning (ERP)
7.5.2.4 Overview
7.5.2.4.1 Enterprise Resource Planning (ERP): South & Central America Cloud Computing Market Revenue and Forecast To 2028 (US$ Million)
7.5.2.5 Human Capital Management (HCM)
7.5.2.6 Overview
7.5.2.6.1 Human Capital Management (HCM): South & Central America Cloud Computing Market Revenue and Forecast To 2028 (US$ Million)
7.5.2.7 Content, Collaboration, and Communication
7.5.2.8 Overview
7.5.2.8.1 Content, Collaboration, and Communication: South & Central America Cloud Computing Market Revenue and Forecast To 2028 (US$ Million)
7.5.2.9 Supply Chain Management (SCM)
7.5.2.10 Overview
7.5.2.10.1 Supply Chain Management (SCM): South & Central America Cloud Computing Market Revenue and Forecast To 2028 (US$ Million)
7.5.2.11 Others
7.5.2.12 Overview
7.5.2.12.1 Others: South & Central America Cloud Computing Market Revenue and Forecast To 2028 (US$ Million)
8. South & Central America Cloud Computing Market Revenue and Forecasts To 2028 Deployment Model
8.1 Overview
8.2 South & Central America Cloud Computing Market, By Deployment Model (2021 and 2028)
8.3 Public Cloud
8.3.1 Overview
8.3.2 Public Cloud: South & Central America Cloud Computing Market Revenue and Forecast To 2028 (US$ Million)
8.4 Private Cloud
8.4.1 Overview
8.4.2 Private Cloud: South & Central America Cloud Computing Market Revenue and Forecast To 2028 (US$ Million)
9. South & Central America Cloud Computing Market Revenue and Forecasts To 2028 Organization Size
9.1 Overview
9.2 South & Central America Cloud Computing Market, By Organization Size (2021 and 2028)
9.3 Small and Medium-sized Enterprises (SMEs)
9.3.1 Overview
9.3.2 Small and Medium-sized Enterprises (SMEs): South & Central America Cloud Computing Market Revenue and Forecast To 2028 (US$ Million)
9.4 Large Enterprises
9.4.1 Overview
9.4.2 Large Enterprises: South & Central America Cloud Computing Market Revenue and Forecast To 2028 (US$ Million)
10. South & Central America Cloud Computing Market Revenue and Forecasts To 2028 Industry Vertical
10.1 Overview
10.2 South & Central America Cloud Computing Market, By Industry Vertical (2021 and 2028)
10.3 BFSI
10.3.1 Overview
10.3.2 BFSI: South & Central America Cloud Computing Market - Revenue and Forecast to 2028 (US$ Million)
10.4 IT and Telecom
10.4.1 Overview
10.4.2 IT and Telecom: South & Central America Cloud Computing Market - Revenue and Forecast to 2028 (US$ Million)
10.5 Government and Public Sector
10.5.1 Overview
10.5.2 Government and Public Sector: South & Central America Cloud Computing Market - Revenue and Forecast to 2028 (US$ Million)
10.6 Retail and Consumer Goods
10.6.1 Retail and Consumer Goods: South & Central America Cloud Computing Market - Revenue and Forecast to 2028 (US$ Million)
10.7 Manufacturing
10.7.1 Manufacturing: South & Central America Cloud Computing Market - Revenue and Forecast to 2028 (US$ Million)
10.8 Healthcare and Life Sciences
10.8.1 Healthcare and Life Sciences: South & Central America Cloud Computing Market - Revenue and Forecast to 2028 (US$ Million)
10.9 Others
10.9.1 Others: South & Central America Cloud Computing Market - Revenue and Forecast to 2028 (US$ Million)
11. South & Central America Cloud Computing Market - Country Analysis
11.1 SAM: South & Central America Cloud Computing Market
11.1.1 Overview
11.1.2 SAM: Cloud Computing - Revenue, and Forecast to 2028 (US$ Million)
11.1.3 SAM: Cloud Computing, by Key Country
11.1.3.1 Brazil: Cloud Computing - Revenue, and Forecast to 2028 (US$ Million)
11.1.3.1.1 Brazil: Cloud Computing, By Service Model
11.1.3.1.2 Brazil: South & Central America Cloud Computing Market, By Deployment Model
11.1.3.1.3 Brazil: South & Central America Cloud Computing Market, By Vertical
11.1.3.1.4 Brazil: South & Central America Cloud Computing Market, By Organization Size
11.1.3.2 Argentina: Cloud Computing - Revenue, and Forecast to 2028 (US$ Million)
11.1.3.2.1 Argentina: Cloud Computing, By Service Model
11.1.3.2.2 Argentina: South & Central America Cloud Computing Market, By Deployment Model
11.1.3.2.3 Argentina: South & Central America Cloud Computing Market, By Vertical
11.1.3.2.4 Argentina: South & Central America Cloud Computing Market, By Organization Size
11.1.3.3 Rest of SAM: Cloud Computing - Revenue, and Forecast to 2028 (US$ Million)
11.1.3.3.1 Rest of SAM: Cloud Computing, By Service Model
11.1.3.3.2 Rest of SAM: South & Central America Cloud Computing Market, By Deployment Model
11.1.3.3.3 Rest of SAM: South & Central America Cloud Computing Market, By Vertical
11.1.3.3.4 Rest of SAM: South & Central America Cloud Computing Market, By Organization Size
12. Industry Landscape
12.1 Overview
12.2 Market Initiative
12.3 Merger and Acquisition
12.4 New Development
13. Company Profiles
13.1 Amazon Web Services
13.1.1 Key Facts
13.1.2 Business Description
13.1.3 Products and Services
13.1.4 Financial Overview
13.1.5 SWOT Analysis
13.1.6 Key Developments
13.2 Microsoft Corporation
13.2.1 Key Facts
13.2.2 Business Description
13.2.3 Products and Services
13.2.4 Financial Overview
13.2.5 SWOT Analysis
13.2.6 Key Developments
13.3 SAP SE
13.3.1 Key Facts
13.3.2 Business Description
13.3.3 Products and Services
13.3.4 Financial Overview
13.3.5 SWOT Analysis
13.3.6 Key Developments
13.4 IBM Corporation
13.4.1 Key Facts
13.4.2 Business Description
13.4.3 Products and Services
13.4.4 Financial Overview
13.4.5 SWOT Analysis
13.4.6 Key Developments
13.5 Salesforce.com, inc.
13.5.1 Key Facts
13.5.2 Business Description
13.5.3 Products and Services
13.5.4
13.5.5 Financial Overview
13.5.6 SWOT Analysis
13.5.7 Key Developments
13.6 Google LLC
13.6.1 Key Facts
13.6.2 Business Description
13.6.3 Products and Services
13.6.4 Financial Overview
13.6.5 SWOT Analysis
13.6.6 Key Developments
13.7 Oracle Corporation
13.7.1 Key Facts
13.7.2 Business Description
13.7.3 Products and Services
13.7.4 Financial Overview
13.7.5 SWOT Analysis
13.7.6 Key Developments
13.8 Adobe
13.8.1 Key Facts
13.8.2 Business Description
13.8.3 Products and Services
13.8.4 Financial Overview
13.8.5 SWOT Analysis
13.8.6 Key Developments
14. Appendix
14.1 About The Insight Partners
14.2 Glossary
LIST OF TABLES
Table 1. South & Central America Cloud Computing Market, Revenue and Forecast, 2019-2028 (US$ Mn)
Table 2. SAM: Cloud Computing, By Service Model - Revenue and Forecast to 2028 (US$ Million)
Table 3. South & Central America Cloud Computing Market, by Infrastructure as a Service - Revenue and Forecast to 2028 (USD Million)
Table 4. South & Central America Cloud Computing Market, by Platform as a Service - Revenue and Forecast to 2028 (USD Million)
Table 5. South & Central America Cloud Computing Market, by Software as a Service - Revenue and Forecast to 2028 (USD Million)
Table 6. SAM: South & Central America Cloud Computing Market, By Deployment Model - Revenue and Forecast to 2028 (US$ Million)
Table 7. SAM: South & Central America Cloud Computing Market, By Organization Size - Revenue and Forecast to 2028 (US$ Million)
Table 8. SAM: South & Central America Cloud Computing Market, By Vertical - Revenue and Forecast to 2028 (US$ Million)
Table 9. Brazil: Cloud Computing, By Service Model -Revenue and Forecast to 2028 (US$ Million)
Table 10. Brazil South & Central America Cloud Computing Market , by Infrastructure as a Service - Revenue and Forecast to 2028 (USD Million)
Table 11. Brazil South & Central America Cloud Computing Market , by Platform as a Service - Revenue and Forecast to 2028 (USD Million)
Table 12. Brazil South & Central America Cloud Computing Market , by Software as a Service - Revenue and Forecast to 2028 (USD Million)
Table 13. Brazil: South & Central America Cloud Computing Market, By Deployment Model -Revenue and Forecast to 2028 (US$ Million)
Table 14. Brazil: South & Central America Cloud Computing Market, By Vertical-Revenue and Forecast to 2028 (US$ Million)
Table 15. Brazil: South & Central America Cloud Computing Market, By Organization Size -Revenue and Forecast to 2028 (US$ Million)
Table 16. Argentina: Cloud Computing, By Service Model -Revenue and Forecast to 2028 (US$ Million)
Table 17. Argentina: Cloud Computing, By Infrastructure as a Service -Revenue and Forecast to 2028 (US$ Million)
Table 18. Argentina: Cloud Computing, By Platform as a Service Model -Revenue and Forecast to 2028 (US$ Million)
Table 19. Argentina: Cloud Computing, By Software as a Service -Revenue and Forecast to 2028 (US$ Million)
Table 20. Argentina: South & Central America Cloud Computing Market, By Deployment Model -Revenue and Forecast to 2028 (US$ Million)
Table 21. Argentina: South & Central America Cloud Computing Market, By Vertical-Revenue and Forecast to 2028 (US$ Million)
Table 22. Argentina: South & Central America Cloud Computing Market, By Organization Size -Revenue and Forecast to 2028 (US$ Million)
Table 23. Rest of SAM: Cloud Computing, By Service Model -Revenue and Forecast to 2028 (US$ Million)
Table 24. Rest of SAM: Cloud Computing, By Infrastructure as a Service -Revenue and Forecast to 2028 (US$ Million)
Table 25. Rest of SAM: Cloud Computing, By Platform as a Service -Revenue and Forecast to 2028 (US$ Million)
Table 26. Rest of SAM: Cloud Computing, By Software as a Service -Revenue and Forecast to 2028 (US$ Million)
Table 27. Rest of SAM: South & Central America Cloud Computing Market, By Deployment Model -Revenue and Forecast to 2028 (US$ Million)
Table 28. Rest of SAM: South & Central America Cloud Computing Market, By Vertical-Revenue and Forecast to 2028 (US$ Million)
Table 29. Rest of SAM: South & Central America Cloud Computing Market, By Organization Size -Revenue and Forecast to 2028 (US$ Million)
Table 30. Glossary of Terms, South & Central America Cloud Computing Market
LIST OF FIGURES
Figure 1. South & Central America Cloud Computing Market Segmentation
Figure 2. South & Central America Cloud Computing Market Overview
Figure 3. South & Central America Cloud Computing Market, By Service Model
Figure 4. South & Central America Cloud Computing Market, By Region
Figure 5. SAM: PEST Analysis
Figure 6. South & Central America Cloud Computing Market Ecosystem Analysis
Figure 7. Expert Opinion
Figure 8. South & Central America Cloud Computing Market Impact Analysis of Drivers and Restraints
Figure 9. South & Central America Cloud Computing Market, Forecast and Analysis (US$ Mn)
Figure 10. SAM: Cloud Computing Revenue Share, By Service Model (2021 and 2028)
Figure 11. Infrastructure as a Service (IaaS): South & Central America Cloud Computing Market Revenue and Forecast to 2028 (US$ Million)
Figure 12. Storage: South & Central America Cloud Computing Market Revenue and Forecast to 2028 (US$ Million)
Figure 13. Archiving: South & Central America Cloud Computing Market Revenue and Forecast to 2028 (US$ Million)
Figure 14. Compute: South & Central America Cloud Computing Market Revenue and Forecast to 2028 (US$ Million)
Figure 15. Others: South & Central America Cloud Computing Market Revenue and Forecast to 2028 (US$ Million)
Figure 16. Platform as a Service (PaaS): South & Central America Cloud Computing Market Revenue and Forecast to 2028 (US$ Million)
Figure 17. Application: South & Central America Cloud Computing Market Revenue and Forecast to 2028 (US$ Million)
Figure 18. Integration: South & Central America Cloud Computing Market Revenue and Forecast to 2028 (US$ Million)
Figure 19. Data Management: South & Central America Cloud Computing Market Revenue and Forecast to 2028 (US$ Million)
Figure 20. Others: South & Central America Cloud Computing Market Revenue and Forecast to 2028 (US$ Million)
Figure 21. Software as a Service (SaaS): South & Central America Cloud Computing Market Revenue and Forecast to 2028 (US$ Million)
Figure 22. Customer Relationship Management (CRM): South & Central America Cloud Computing Market Revenue and Forecast to 2028 (US$ Million)
Figure 23. Enterprise Resource Planning (ERP): South & Central America Cloud Computing Market Revenue and Forecast to 2028 (US$ Million)
Figure 24. Human Capital Management (HCM): South & Central America Cloud Computing Market Revenue and Forecast to 2028 (US$ Million)
Figure 25. Content, Collaboration, and Communication: South & Central America Cloud Computing Market Revenue and Forecast to 2028 (US$ Million)
Figure 26. Supply Chain Management (SCM): South & Central America Cloud Computing Market Revenue and Forecast to 2028 (US$ Million)
Figure 27. Others: South & Central America Cloud Computing Market Revenue and Forecast to 2028 (US$ Million)
Figure 28. SAM: Cloud Computing Revenue Share, By Deployment Model (2021 and 2028)
Figure 29. Public Cloud: South & Central America Cloud Computing Market Revenue and Forecast to 2028 (US$ Million)
Figure 30. Private Cloud: South & Central America Cloud Computing Market Revenue and Forecast to 2028 (US$ Million)
Figure 31. SAM: South & Central America Cloud Computing Market Revenue Share, By Organization Size (2021 AND 2028)
Figure 32. Small and Medium-sized Enterprises (SMEs): South & Central America Cloud Computing Market Revenue and Forecast to 2028 (US$ Million)
Figure 33. Large Enterprises: South & Central America Cloud Computing Market Revenue and Forecast to 2028 (US$ Million)
Figure 34. SAM: Cloud Computing Revenue Share, By Vertical (2021 AND 2028)
Figure 35. BFSI: South & Central America Cloud Computing Market - Revenue and Forecast to 2028 (US$ Million)
Figure 36. IT and Telecom: South & Central America Cloud Computing Market - Revenue and Forecast to 2028 (US$ Million)
Figure 37. Government and Public Sector: South & Central America Cloud Computing Market - Revenue and Forecast to 2028 (US$ Million)
Figure 38. Retail and Consumer Goods: South & Central America Cloud Computing Market - Revenue and Forecast to 2028 (US$ Million)
Figure 39. Manufacturing: South & Central America Cloud Computing Market - Revenue and Forecast to 2028 (US$ Million)
Figure 40. Healthcare and Life Sciences: South & Central America Cloud Computing Market - Revenue and Forecast to 2028 (US$ Million)
Figure 41. Others: South & Central America Cloud Computing Market - Revenue and Forecast to 2028 (US$ Million)
Figure 42. SAM: Cloud Computing - Revenue and Forecast to 2028 (US$ Million)
Figure 43. SAM: Cloud Computing Revenue Share, by Key Country (2021 and 2028)
Figure 44. Brazil: Cloud Computing - Revenue, and Forecast to 2028 (US$ Million)
Figure 45. Argentina: Cloud Computing - Revenue, and Forecast to 2028 (US$ Million)
Figure 46. Rest of SAM: Cloud Computing - Revenue, and Forecast to 2028 (US$ Million)
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