The Latin America, Middle East and Africa Software Consulting Market would witness market growth of 14.9% CAGR during the forecast period (2021-2027).
Through software deployment, businesses are focusing on improving job quality, boosting delivery speed, lowering labour costs, and increasing transparency and accountability. Organizations are finding it difficult to satisfy end customers' needs as a result of the worldwide pandemic; as a result, they are increasingly turning to software consulting solutions and services to speed up service delivery. On the other side, as the world becomes more digitalized, data theft is becoming more common, as hackers strive to take advantage of the expanding usage of software and the increasing penetration rate of cloud computing to obtain access to critical corporate data. This is expected to limit the growth of the software consulting industry to some extent.
Latin America, the Middle East, and Africa are projected to see considerable development in the next years as businesses increasingly favor cloud and analytics services provided by the government and private sector. Many businesses rely on software consulting services to stay afloat in today's fast-paced technology environment. The market is likely to be driven by increasing digitization in corporate operations. Offshoring and globalization are also likely to boost consulting services demand. Enterprises are projected to implement new technologies like cloud computing and mobile computing, resulting in an increase in the need for consulting services. Despite the strong forces that influence the software consulting industry, there are several important restraints that might stifle the market's growth.
The Brazil market dominated the LAMEA Software Consulting Market by Country 2020, and would continue to be a dominant market till 2027; thereby, achieving a market value of $9.1 billion by 2027. The Argentina market is estimated to grow at CAGR of 15.5% during (2021 - 2027). Additionally, The UAE market would display a CAGR of 14.6% during (2021 - 2027).
Based on Enterprise Size, the market is segmented into Large Enterprises and Small & Medium Enterprises (SMEs). Based on Vertical, the market is segmented into BFSI, IT & Telecom, Manufacturing, Government, Retail, Healthcare, Automotive, and Others. Based on Application, the market is segmented into Enterprise Solutions, Migration & Maintenance Services, Software Security Services, Design Services, Application Development, Application Testing Services, and Others. Based on countries, the market is segmented into Brazil, Argentina, UAE, Saudi Arabia, South Africa, Nigeria, and Rest of LAMEA.
Free Valuable Insights: The Global Software Consulting Market is Predict to reach $458.5 Billion by 2027, at a CAGR of 12.1%
The market research report covers the analysis of key stake holders of the market. Key companies profiled in the report include Ernst & Young Global Limited, Accenture PLC, Cognizant Technology Solutions Corporation, Deloitte Touche Tohmatsu Limited, IBM Corporation, Atos Group, Capgemini SE, Oracle Corporation, SAP SE, and CGI, Inc.
Scope of the Study
Market Segments Covered in the Report:
By Enterprise Size
- Large Enterprises and
- Small & Medium Enterprises (SMEs)
By Vertical
- BFSI
- IT & Telecom
- Manufacturing
- Government
- Retail
- Healthcare
- Automotive,
- Others
By Application
- Enterprise Solutions
- Migration & Maintenance Services
- Software Security Services
- Design Services
- Application Development
- Application Testing Services,
- Others
By Country
- Brazil
- Argentina
- UAE
- Saudi Arabia
- South Africa
- Nigeria
- Rest of LAMEA
Key Market Players
List of Companies Profiled in the Report:
- Ernst & Young Global Limited
- Accenture PLC
- Cognizant Technology Solutions Corporation
- Deloitte Touche Tohmatsu Limited
- IBM Corporation
- Atos Group
- Capgemini SE
- Oracle Corporation
- SAP SE
- CGI, Inc.
TABLE 1 LAMEA Software Consulting Market, 2017 - 2020, USD Million
TABLE 2 LAMEA Software Consulting Market, 2021 - 2027, USD Million
TABLE 3 Partnerships, Collaborations and Agreements– Software Consulting Market
TABLE 4 Product Launches And Product Expansions– Software Consulting Market
TABLE 5 Acquisition and Mergers– Software Consulting Market
TABLE 6 LAMEA Software Consulting Market by Enterprise Size, 2017 - 2020, USD Million
TABLE 7 LAMEA Software Consulting Market by Enterprise Size, 2021 - 2027, USD Million
TABLE 8 LAMEA Large Enterprises Market by Country, 2017 - 2020, USD Million
TABLE 9 LAMEA Large Enterprises Market by Country, 2021 - 2027, USD Million
TABLE 10 LAMEA Small & Medium Enterprises (SMEs) Market by Country, 2017 - 2020, USD Million
TABLE 11 LAMEA Small & Medium Enterprises (SMEs) Market by Country, 2021 - 2027, USD Million
TABLE 12 LAMEA Software Consulting Market by Vertical, 2017 - 2020, USD Million
TABLE 13 LAMEA Software Consulting Market by Vertical, 2021 - 2027, USD Million
TABLE 14 LAMEA BFSI Market by Country, 2017 - 2020, USD Million
TABLE 15 LAMEA BFSI Market by Country, 2021 - 2027, USD Million
TABLE 16 LAMEA IT & Telecom Market by Country, 2017 - 2020, USD Million
TABLE 17 LAMEA IT & Telecom Market by Country, 2021 - 2027, USD Million
TABLE 18 LAMEA Manufacturing Market by Country, 2017 - 2020, USD Million
TABLE 19 LAMEA Manufacturing Market by Country, 2021 - 2027, USD Million
TABLE 20 LAMEA Government Market by Country, 2017 - 2020, USD Million
TABLE 21 LAMEA Government Market by Country, 2021 - 2027, USD Million
TABLE 22 LAMEA Retail Market by Country, 2017 - 2020, USD Million
TABLE 23 LAMEA Retail Market by Country, 2021 - 2027, USD Million
TABLE 24 LAMEA Healthcare Market by Country, 2017 - 2020, USD Million
TABLE 25 LAMEA Healthcare Market by Country, 2021 - 2027, USD Million
TABLE 26 LAMEA Automotive Market by Country, 2017 - 2020, USD Million
TABLE 27 LAMEA Automotive Market by Country, 2021 - 2027, USD Million
TABLE 28 LAMEA Others Market by Country, 2017 - 2020, USD Million
TABLE 29 LAMEA Others Market by Country, 2021 - 2027, USD Million
TABLE 30 LAMEA Software Consulting Market by Application, 2017 - 2020, USD Million
TABLE 31 LAMEA Software Consulting Market by Application, 2021 - 2027, USD Million
TABLE 32 LAMEA Enterprise Solutions Market by Country, 2017 - 2020, USD Million
TABLE 33 LAMEA Enterprise Solutions Market by Country, 2021 - 2027, USD Million
TABLE 34 LAMEA Migration & Maintenance Services Market by Country, 2017 - 2020, USD Million
TABLE 35 LAMEA Migration & Maintenance Services Market by Country, 2021 - 2027, USD Million
TABLE 36 LAMEA Software Security Services Market by Country, 2017 - 2020, USD Million
TABLE 37 LAMEA Software Security Services Market by Country, 2021 - 2027, USD Million
TABLE 38 LAMEA Design Services Market by Country, 2017 - 2020, USD Million
TABLE 39 LAMEA Design Services Market by Country, 2021 - 2027, USD Million
TABLE 40 LAMEA Application Development Market by Country, 2017 - 2020, USD Million
TABLE 41 LAMEA Application Development Market by Country, 2021 - 2027, USD Million
TABLE 42 LAMEA Application Testing Services Market by Country, 2017 - 2020, USD Million
TABLE 43 LAMEA Application Testing Services Market by Country, 2021 - 2027, USD Million
TABLE 44 LAMEA Others Market by Country, 2017 - 2020, USD Million
TABLE 45 LAMEA Others Market by Country, 2021 - 2027, USD Million
TABLE 46 LAMEA Software Consulting Market by Country, 2017 - 2020, USD Million
TABLE 47 LAMEA Software Consulting Market by Country, 2021 - 2027, USD Million
TABLE 48 Brazil Software Consulting Market, 2017 - 2020, USD Million
TABLE 49 Brazil Software Consulting Market, 2021 - 2027, USD Million
TABLE 50 Brazil Software Consulting Market by Enterprise Size, 2017 - 2020, USD Million
TABLE 51 Brazil Software Consulting Market by Enterprise Size, 2021 - 2027, USD Million
TABLE 52 Brazil Software Consulting Market by Vertical, 2017 - 2020, USD Million
TABLE 53 Brazil Software Consulting Market by Vertical, 2021 - 2027, USD Million
TABLE 54 Brazil Software Consulting Market by Application, 2017 - 2020, USD Million
TABLE 55 Brazil Software Consulting Market by Application, 2021 - 2027, USD Million
TABLE 56 Argentina Software Consulting Market, 2017 - 2020, USD Million
TABLE 57 Argentina Software Consulting Market, 2021 - 2027, USD Million
TABLE 58 Argentina Software Consulting Market by Enterprise Size, 2017 - 2020, USD Million
TABLE 59 Argentina Software Consulting Market by Enterprise Size, 2021 - 2027, USD Million
TABLE 60 Argentina Software Consulting Market by Vertical, 2017 - 2020, USD Million
TABLE 61 Argentina Software Consulting Market by Vertical, 2021 - 2027, USD Million
TABLE 62 Argentina Software Consulting Market by Application, 2017 - 2020, USD Million
TABLE 63 Argentina Software Consulting Market by Application, 2021 - 2027, USD Million
TABLE 64 UAE Software Consulting Market, 2017 - 2020, USD Million
TABLE 65 UAE Software Consulting Market, 2021 - 2027, USD Million
TABLE 66 UAE Software Consulting Market by Enterprise Size, 2017 - 2020, USD Million
TABLE 67 UAE Software Consulting Market by Enterprise Size, 2021 - 2027, USD Million
TABLE 68 UAE Software Consulting Market by Vertical, 2017 - 2020, USD Million
TABLE 69 UAE Software Consulting Market by Vertical, 2021 - 2027, USD Million
TABLE 70 UAE Software Consulting Market by Application, 2017 - 2020, USD Million
TABLE 71 UAE Software Consulting Market by Application, 2021 - 2027, USD Million
TABLE 72 Saudi Arabia Software Consulting Market, 2017 - 2020, USD Million
TABLE 73 Saudi Arabia Software Consulting Market, 2021 - 2027, USD Million
TABLE 74 Saudi Arabia Software Consulting Market by Enterprise Size, 2017 - 2020, USD Million
TABLE 75 Saudi Arabia Software Consulting Market by Enterprise Size, 2021 - 2027, USD Million
TABLE 76 Saudi Arabia Software Consulting Market by Vertical, 2017 - 2020, USD Million
TABLE 77 Saudi Arabia Software Consulting Market by Vertical, 2021 - 2027, USD Million
TABLE 78 Saudi Arabia Software Consulting Market by Application, 2017 - 2020, USD Million
TABLE 79 Saudi Arabia Software Consulting Market by Application, 2021 - 2027, USD Million
TABLE 80 South Africa Software Consulting Market, 2017 - 2020, USD Million
TABLE 81 South Africa Software Consulting Market, 2021 - 2027, USD Million
TABLE 82 South Africa Software Consulting Market by Enterprise Size, 2017 - 2020, USD Million
TABLE 83 South Africa Software Consulting Market by Enterprise Size, 2021 - 2027, USD Million
TABLE 84 South Africa Software Consulting Market by Vertical, 2017 - 2020, USD Million
TABLE 85 South Africa Software Consulting Market by Vertical, 2021 - 2027, USD Million
TABLE 86 South Africa Software Consulting Market by Application, 2017 - 2020, USD Million
TABLE 87 South Africa Software Consulting Market by Application, 2021 - 2027, USD Million
TABLE 88 Nigeria Software Consulting Market, 2017 - 2020, USD Million
TABLE 89 Nigeria Software Consulting Market, 2021 - 2027, USD Million
TABLE 90 Nigeria Software Consulting Market by Enterprise Size, 2017 - 2020, USD Million
TABLE 91 Nigeria Software Consulting Market by Enterprise Size, 2021 - 2027, USD Million
TABLE 92 Nigeria Software Consulting Market by Vertical, 2017 - 2020, USD Million
TABLE 93 Nigeria Software Consulting Market by Vertical, 2021 - 2027, USD Million
TABLE 94 Nigeria Software Consulting Market by Application, 2017 - 2020, USD Million
TABLE 95 Nigeria Software Consulting Market by Application, 2021 - 2027, USD Million
TABLE 96 Rest of LAMEA Software Consulting Market, 2017 - 2020, USD Million
TABLE 97 Rest of LAMEA Software Consulting Market, 2021 - 2027, USD Million
TABLE 98 Rest of LAMEA Software Consulting Market by Enterprise Size, 2017 - 2020, USD Million
TABLE 99 Rest of LAMEA Software Consulting Market by Enterprise Size, 2021 - 2027, USD Million
TABLE 100 Rest of LAMEA Software Consulting Market by Vertical, 2017 - 2020, USD Million
TABLE 101 Rest of LAMEA Software Consulting Market by Vertical, 2021 - 2027, USD Million
TABLE 102 Rest of LAMEA Software Consulting Market by Application, 2017 - 2020, USD Million
TABLE 103 Rest of LAMEA Software Consulting Market by Application, 2021 - 2027, USD Million
TABLE 104 Key Information – Ernst & Young Global Limited
TABLE 105 Key information – Accenture PLC
TABLE 106 Key Information – Cognizant Technology Solutions Corporation
TABLE 107 Key information – Deloitte Touche Tohmatsu Limited
TABLE 109 key information – Atos Group
TABLE 110 Key Information – Capgemini SE
TABLE 111 Key Information – Oracle Corporation
TABLE 112 Key Information – SAP SE
List of Figures
FIG 1 Methodology for the research
FIG 2 KBV Cardinal Matrix
FIG 3 Key Leading Strategies: Percentage Distribution (2017-2021)
FIG 4 Key Strategic Move: (Acquisitions and Mergers: 2017, Sep – 2022, Jan) Leading Players
FIG 5 Recent Strategies and Developments: Accenture PLC
FIG 6 Swot analysis: Accenture plc
FIG 7 Swot analysis: cognizant technology solutions corporation
FIG 9 Swot analysis: IBM Corporation
FIG 10 Recent Strategies and Development: Atos Group
FIG 11 SWOT Analysis: Atos Group
FIG 12 Recent strategies and developments: Capgemini SE
FIG 13 Recent Strategies and Development: Oracle Corporation
FIG 14 SWOT analysis: Oracle Corporation
FIG 15 SWOT Analysis: SAP SE