Market Share of Latin America IT Services Industry
The Latin America IT services market is moderately competitive. Key players in the IT services market dominate the market in terms of market share. However, with the advancement in IT consultancy services, new players are increasing their market presence, thereby expanding their business footprint across emerging economies.
In February 2022, Cisco and Rakuten signed a strategic agreement to accelerate the open RAN and telco cloud market. The deal will offer solutions allowing mobile operators to compete more effectively in the cloud era.
In March 2022, Scala Data Centers announced that Dell Technologies, one of the largest IT infrastructure companies in the world, chose Scala to host its colocation environment in data centers (DCs) SP1 and SP2, located in São Paulo, Brazil.
Latin America IT Services Market Leaders
Cisco
IBM
Microsoft
Google
Amazon
*Disclaimer: Major Players sorted in no particular order
