ReportsWeb 2020 Cloud Computing Market in Latin America
Title: Cloud Computing Market in Latin America 2016-2020
Cloud computing solutions are IT solutions deployed over the ICT systems. These solutions eliminate the
need to install in-house hardware and software. The cost of in-house IT solutions is relatively low as
compared with cloud-based solutions among most of the IT deployment models. Cloud computing
solutions have been implemented in a majority of organizations, irrespective of the size of businesses.
Firms with high IT budgets are willing to spend more on flexible IT solutions and cloud computing
solutions. However, a few firms still use on-premise solutions due to cloud security concerns and the
resistance from the in-house IT department.
Publisher's analysts forecast the cloud computing market in Latin Americato grow at a CAGR of
10.16% during the period 2016-2020.
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Key vendors
- Amazon Web Services (AWS)
- Microsoft
- IBM
- Google
- Salesforce
Other prominent vendors
- HPE
- Oracle
- Rackspace
- Red Hat
- SAP
Market driver
- Adoption of advanced technologies to support Industry 4.0
- For a full, detailed list, view our report
Market challenge
- Technical complexities in cloud implementation
- For a full, detailed list, view our report
Market trend
- Emergence of cloud platform for machine-to-machine and Internet of Things
- For a full, detailed list, view our report
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Fundamentals of Table of Content:
PART 01: Executive summary
- Highlights
PART 02: Scope of the report