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IT Services Market in Latin America to Grow at a CAGR of 11.55% over the Period 2015 - 2019; Finds New Report

Market Research Reports, Inc. has announced the addition of “IT Services Market in Latin America 2015 - 2019” research report to their website


Lewes, DE -- (SBWIRE) -- 03/12/2015 -- Report forecast the IT Services market in Latin America to grow at a CAGR of 11.55 percent over the period 2014-2019.

IT services help organizations create, manage, and optimize information and business processes with technical expertise. IT services are process focused and provide a framework to structure IT-related activities. These services help organizations centralize their processes and develop a more economical cost structure.

This report covers the present scenario and the growth prospects of the IT Services market in Latin America for the period 2015-2019. The market is categorized into four segments: Consulting, System Integration, Outsourcing, and Software and Hardware Support.

According to the lead analyst of this report,growth in mobile advertising and digital marketing is one of the major trends in the market. Digital marketing has become the core strategy of enterprises to obtain detailed consumer insights and enable the right channel selection.

According to the report, increased adoption of offshore business practices is a key driver of the market. An expanding talent pool, growing domestic market, same time zone as the US, high concentration of youth, rising middle class and geopolitical stability are the primary reasons for foreign investors to invest heavily in Information Technology Outsourcing (ITO) in Latin America.

Further, the report states that lack of skilled workforce poses a serious threat to the market. Capgemini is one of the leading vendors in Latin America that has taken initiatives to fill the gap by bringing in workers from other regions.

IT Services Market in Latin America 2015-2019, has been prepared based on an in-depth market analysis with inputs from industry experts. It covers the market landscape and the profile of key vendors operating in this market.

This report covers the following companies as the key players in the IT Services Market in Latin America: Accenture plc, Capgemini S.A., Hewlett-Packard Co., International Business Machines Corp. and Sonda S.A.

Other Prominent Vendors in the market are: Ascenty, Bangho, Cisco, CI&T, CSC, Dell, Deloitte Touche Tohmatsu, Dextra, EXO, Fujitsu, Globant, Google, Hexacta, Hildebrando, Huawei Technologies, Indra, Infosys, Microsoft, Migesa, NEC, Neoris, Oracle, Pixart, SAP, Serpro, Sofrecom, Softtek, Sparx Systems, Stefanini IT Solutions, Sydle System, TCS, Teletech Holdings, Tiempo Development, Xerox, Vangtel and Wipro.

Key Market Driver
- Increased Adoption of Offshore Business Practices
- For a full, detailed list, view our report

Key Market Challenge
- Lack of Skilled Workforce
- For a full, detailed list, view our report

Key Market Trend
- Increased Role of Mobile Advertising and Digital Marketing
- For a full, detailed list, view our report

Key Questions Answered in this Report
- What will the market size be in 2019 and what will the growth rate be?
- What are the key market trends?
- What is driving this market?
- What are the challenges to market growth?
- Who are the key vendors in this market space?
- What are the market opportunities and threats faced by the key vendors?
- What are the strengths and weaknesses of the key vendors?

Spanning over 94 pages, "IT Services Market in Latin America 2015 - 2019" report covers the Executive Summary, List of Abbreviations, Scope of the Report, Market Research Methodology, Introduction, Market Landscape, Five Forces Analysis, Country-wise Segmentation, Market Segmentation by Service Line, Market Segmentation by End Users, Cloud Computing Market Segmentation by Countries, Buying Criteria, Market Growth Drivers, Drivers and their Impact, Market Challenges, Impact of Drivers and Challenges, Market Trends, Trends and their Impact, Vendor Landscape, Key Vendor Analysis.

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