Latin America Artificial Intelligence Market Size | 2019-2032

Latin America Artificial Intelligence Market Size and Forecast by Type, Deployment Model, Industry, Organization Size, and Country: 2019-2032

Avalibale Format*:   Pivot  |  ReportID: AI42675  |  Coverage: REGIONAL | Type: Industry Tracker
Category: Information Technology  |  Sub-Category: Artificial Intelligence
Published Date: July 2024   

Latin America Artificial Intelligence Market Growth and Performance

Latin America Artificial Intelligence Market


  • The artificial intelligence market in Latin America witnessed YoY growth of 57.1% and reached US$ 4.95 Billion in 2023.
  • The Latin America artificial intelligence industry is poised to experience a CAGR of 64.8% throughout the forecast period to amount to US$ 381.75 Billion by 2032.
  • In the region, the healthcare sector is projected to emerge as leading segment in the artificial intelligence market, with a healthy CAGR.
  • In comparison to other countries, artificial intelligence market in Brazil is expected to generate the highest revenue in 2023.

Latin America Artificial Intelligence Market Scope

Analysis Period

2019-2032

Actual Data

2019-2023

Base Year

2023

Estimated Year

2024

CAGR Period

2024-2032

 

Research Scope

Type

AI Robotics

Autonomous & Sensor Technology

Computer Vision

Generative AI

Machine Learning

Natural Language Processing

Deployment Model

On-premise

Cloud-based

Hybrid

Industry

IT and Telecom

Media and Entertainment

Energy and Power

Transportation and Logistics

Healthcare

BFSI

Retail

Manufacturing

Public Sector

Other

Organization Size

Large Enterprises

Mid Enterprises

Small Enterprises

 

Latin America Artificial Intelligence Industry: Regional Coverage

 

Countries

Latin America

Brazil

Peru

Colombia

Chile

Rest of Latin America

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