Market Overview:
The Latin America artificial intelligence market is expected to exhibit robust growth during 2021-2026. Keeping in mind the uncertainties of COVID-19, we are continuously tracking and evaluating the direct as well as the indirect influence of the pandemic on different end use industries. These insights are included in the report as a major market contributor.
Artificial intelligence (AI) refers to an interdisciplinary branch of science concerned with generating smart machines, which can perform tasks of human intelligence. It is capable of human-like speech recognition, planning, learning, and problem-solving based on past experiences. The hardware components of AI primarily include chipsets with high computing abilities, such as field-programmable gate array (FPGA), central processing unit (CPU), graphics processing unit (GPU) and application-specific integrated circuits (ASIC). Moreover, the software components of AI-integrated systems can process large amounts of data to provide meaningful insights.
E-commerce websites operating in the Latin American region are relying on AI-based algorithms in chatbots and pricing optimization, supply chain optimization systems, recommendation engines, and lead generations to improve customer engagement. AI systems are also employed to achieve accurate results through deep neural networks, automate repetitive tasks and process vast amounts of data. Besides this, numerous industries are investing in AI systems due to the uncertainties caused by the coronavirus disease (COVID-19) outbreak and stringent regulations imposed by governing authorities in the region to prevent the spread of the disease.
Key Market Segmentation:
IMARC Group provides an analysis of the key trends in each sub-segment of the Latin America artificial intelligence market, along with forecasts at the regional and country level from 2021-2026. Our report has categorized the market based on type, offering, technology, system and end-use industry.
Breakup by Type:
- Narrow/Weak Artificial Intelligence
- General/Strong Artificial Intelligence
Breakup by Offering:
- Hardware
- Software
- Services
Breakup by Technology:
- Machine Learning
- Natural Language Processing
- Context-Aware Computing
- Computer Vision
- Others
Breakup by System:
- Intelligence Systems
- Decision Support Processing
- Hybrid Systems
- Fuzzy Systems
Breakup by End-Use Industry:
- Healthcare
- Manufacturing
- Automotive
- Agriculture
- Retail
- Security
- Human Resources
- Marketing
- Financial Services
- Transportation and Logistics
- Others
Breakup by Country:
- Brazil
- Mexico
- Argentina
- Colombia
- Chile
- Peru
- Others
Competitive Landscape:
The competitive landscape of the industry has also been examined along with the profiles of the key players.
Report Coverage:
| Report Features |
Details |
|---|
| Base Year of the Analysis |
2020 |
| Historical Period |
2015-2020 |
| Forecast Period |
2021-2026 |
| Units |
US$ Million |
| Segment Coverage |
Type, Offering, Technology, System, End-Use Industry, Country |
| Countries Covered |
Brazil, Mexico, Argentina, Colombia, Chile, Peru |
| Customization Scope |
10% Free Customization |
| Report Price and Purchase Option |
Single User License: US$ 2499
Five User License: US$ 3499
Corporate License: US$ 4499 |
| Post-Sale Analyst Support |
10-12 Weeks |
| Delivery Format |
PDF and Excel through Email (We can also provide the editable version of the report in PPT/Word format on special request) |
Key Questions Answered in This Report:
- How has the Latin America artificial intelligence market performed so far and how will it perform in the coming years?
- What has been the impact of COVID-19 on the Latin America artificial intelligence market?
- What are the key regional markets?
- What is the breakup of the market based on the type?
- What is the breakup of the market based on the offering?
- What is the breakup of the market based on the technology?
- What is the breakup of the market based on the system?
- What is the breakup of the market based on the end-use industry?
- What are the various stages in the value chain of the industry?
- What are the key driving factors and challenges in the industry?
- What is the structure of the Latin America artificial intelligence market and who are the key players?
- What is the degree of competition in the industry?
1 Preface
2 Scope and Methodology
2.1 Objectives of the Study
2.2 Stakeholders
2.3 Data Sources
2.3.1 Primary Sources
2.3.2 Secondary Sources
2.4 Market Estimation
2.4.1 Bottom-Up Approach
2.4.2 Top-Down Approach
2.5 Forecasting Methodology
3 Executive Summary
4 Introduction
4.1 Overview
4.2 Key Industry Trends
5 Latin America Artificial Intelligence Market
5.1 Market Overview
5.2 Market Performance
5.3 Impact of COVID-19
5.4 Market Forecast
6 Market Breakup by Type
6.1 Narrow/Weak Artificial Intelligence
6.1.1 Market Trends
6.1.2 Market Forecast
6.2 General/Strong Artificial Intelligence
6.2.1 Market Trends
6.2.2 Market Forecast
7 Market Breakup by Offering
7.1 Hardware
7.1.1 Market Trends
7.1.2 Market Forecast
7.2 Software
7.2.1 Market Trends
7.2.2 Market Forecast
7.2 Services
7.2.1 Market Trends
7.2.2 Market Forecast
8 Market Breakup by Technology
8.1 Machine Learning
8.1.1 Market Trends
8.1.2 Market Forecast
8.2 Natural Language Processing
8.2.1 Market Trends
8.2.2 Market Forecast
8.3 Context-Aware Computing
8.3.1 Market Trends
8.3.2 Market Forecast
8.4 Computer Vision
8.4.1 Market Trends
8.4.2 Market Forecast
8.5 Others
8.5.1 Market Trends
8.5.2 Market Forecast
9 Market Breakup by System
9.1 Intelligence Systems
9.1.1 Market Trends
9.1.2 Market Forecast
9.2 Decision Support Processing
9.2.1 Market Trends
9.2.2 Market Forecast
9.3 Hybrid Systems
9.3.1 Market Trends
9.3.2 Market Forecast
9.4 Fuzzy Systems
9.4.1 Market Trends
9.4.2 Market Forecast
10 Market Breakup by End-Use Industry
10.1 Healthcare
10.1.1 Market Trends
10.1.2 Market Forecast
10.2 Manufacturing
10.2.1 Market Trends
10.2.2 Market Forecast
10.3 Automotive
10.3.1 Market Trends
10.3.2 Market Forecast
10.4 Agriculture
10.4.1 Market Trends
10.4.2 Market Forecast
10.5 Retail
10.5.1 Market Trends
10.5.2 Market Forecast
10.6 Security
10.6.1 Market Trends
10.6.2 Market Forecast
10.7 Human Resources
10.7.1 Market Trends
10.7.2 Market Forecast
10.8 Marketing
10.8.1 Market Trends
10.8.2 Market Forecast
10.9 Financial Services
10.9.1 Market Trends
10.9.2 Market Forecast
10.10 Transportation and Logistics
10.10.1 Market Trends
10.10.2 Market Forecast
10.11 Others
10.11.1 Market Trends
10.11.2 Market Forecast
11 Market Breakup by Country
11.1 Brazil
11.1.1 Market Trends
11.1.2 Market Breakup by Type
11.1.3 Market Breakup by Offering
11.1.4 Market Breakup by Technology
11.1.5 Market Breakup by System
11.1.6 Market Breakup by End-Use Industry
11.1.7 Market Forecast
11.2 Mexico
11.2.1 Market Trends
11.2.2 Market Breakup by Type
11.2.3 Market Breakup by Offering
11.2.4 Market Breakup by Technology
11.2.5 Market Breakup by System
11.2.6 Market Breakup by End-Use Industry
11.2.7 Market Forecast
11.3 Argentina
11.3.1 Market Trends
11.3.2 Market Breakup by Type
11.3.3 Market Breakup by Offering
11.3.4 Market Breakup by Technology
11.3.5 Market Breakup by System
11.3.6 Market Breakup by End-Use Industry
11.3.7 Market Forecast
11.4 Colombia
11.4.1 Market Trends
11.4.2 Market Breakup by Type
11.4.3 Market Breakup by Offering
11.4.4 Market Breakup by Technology
11.4.5 Market Breakup by System
11.4.6 Market Breakup by End-Use Industry
11.4.7 Market Forecast
11.5 Chile
11.5.1 Market Trends
11.5.2 Market Breakup by Type
11.5.3 Market Breakup by Offering
11.5.4 Market Breakup by Technology
11.5.5 Market Breakup by System
11.5.6 Market Breakup by End-Use Industry
11.5.7 Market Forecast
11.6 Peru
11.6.1 Market Trends
11.6.2 Market Breakup by Type
11.6.3 Market Breakup by Offering
11.6.4 Market Breakup by Technology
11.6.5 Market Breakup by System
11.6.6 Market Breakup by End-Use Industry
11.6.7 Market Forecast
11.7 Others
11.7.1 Market Trends
11.7.2 Market Breakup by Type
11.7.3 Market Breakup by Offering
11.7.4 Market Breakup by Technology
11.7.5 Market Breakup by System
11.7.6 Market Breakup by End-Use Industry
11.7.7 Market Forecast
12 SWOT Analysis
12.1 Overview
12.2 Strengths
12.3 Weaknesses
12.4 Opportunities
12.5 Threats
13 Value Chain Analysis
14 Porters Five Forces Analysis
14.1 Overview
14.2 Bargaining Power of Buyers
14.3 Bargaining Power of Suppliers
14.4 Degree of Competition
14.5 Threat of New Entrants
14.6 Threat of Substitutes
15 Price Indicators
16 Policy and Regulatory Landscape
17 Competitive Landscape
17.1 Market Structure
17.2 Key Players
17.3 Profiles of Key Players
List of Figures
Figure 1: Latin America: Artificial Intelligence Market: Major Drivers and Challenges
Figure 2: Latin America: Artificial Intelligence Market: Sales Value (in Million US$), 2015-2020
Figure 3: Latin America: Artificial Intelligence Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 4: Latin America: Artificial Intelligence Market: Breakup by Type (in %), 2020
Figure 5: Latin America: Artificial Intelligence Market: Breakup by Offering (in %), 2020
Figure 6: Latin America: Artificial Intelligence Market: Breakup by Technology (in %), 2020
Figure 7: Latin America: Artificial Intelligence Market: Breakup by System (in %), 2020
Figure 8: Latin America: Artificial Intelligence Market: Breakup by End-Use Industry (in %), 2020
Figure 9: Latin America: Artificial Intelligence Market: Breakup by Country (in %), 2020
Figure 10: Latin America: Artificial Intelligence (Narrow/Weak Artificial Intelligence) Market: Sales Value (in Million US$), 2015 & 2020
Figure 11: Latin America: Artificial Intelligence (Narrow/Weak Artificial Intelligence) Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 12: Latin America: Artificial Intelligence (General/Strong Artificial Intelligence) Market: Sales Value (in Million US$), 2015 & 2020
Figure 13: Latin America: Artificial Intelligence (General/Strong Artificial Intelligence) Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 14: Latin America: Artificial Intelligence (Hardware) Market: Sales Value (in Million US$), 2015 & 2020
Figure 15: Latin America: Artificial Intelligence (Hardware) Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 16: Latin America: Artificial Intelligence (Software) Market: Sales Value (in Million US$), 2015 & 2020
Figure 17: Latin America: Artificial Intelligence (Software) Market Forecast (Others) Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 18: Latin America: Artificial Intelligence (Services) Market: Sales Value (in Million US$), 2015 & 2020
Figure 19: Latin America: Artificial Intelligence (Services) Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 20: Latin America: Artificial Intelligence (Machine Learning) Market: Sales Value (in Million US$), 2015 & 2020
Figure 21: Latin America: Artificial Intelligence (Machine Learning) Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 22: Latin America: Artificial Intelligence (Natural Language Processing) Market: Sales Value (in Million US$), 2015 & 2020
Figure 23: Latin America: Artificial Intelligence (Natural Language Processing) Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 24: Latin America: Artificial Intelligence (Context-Aware Computing) Market: Sales Value (in Million US$), 2015 & 2020
Figure 25: Latin America: Artificial Intelligence (Context-Aware Computing) Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 26: Latin America: Artificial Intelligence (Computer Vision) Market: Sales Value (in Million US$), 2015 & 2020
Figure 27: Latin America: Artificial Intelligence (Computer Vision) Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 28: Latin America: Artificial Intelligence (Other Technologies) Market: Sales Value (in Million US$), 2015 & 2020
Figure 29: Latin America: Artificial Intelligence (Other Technologies) Market Forecast (Others) Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 30: Latin America: Artificial Intelligence (Intelligence Systems) Market: Sales Value (in Million US$), 2015 & 2020
Figure 31: Latin America: Artificial Intelligence (Intelligence Systems) Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 32: Latin America: Artificial Intelligence (Decision Support Processing) Market: Sales Value (in Million US$), 2015 & 2020
Figure 33: Latin America: Artificial Intelligence (Decision Support Processing) Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 34: Latin America: Artificial Intelligence (Hybrid Systems) Market: Sales Value (in Million US$), 2015 & 2020
Figure 35: Latin America: Artificial Intelligence (Hybrid Systems) Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 36: Latin America: Artificial Intelligence (Fuzzy Systems) Market: Sales Value (in Million US$), 2015 & 2020
Figure 37: Latin America: Artificial Intelligence (Fuzzy Systems) Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 38: Latin America: Artificial Intelligence (Healthcare) Market: Sales Value (in Million US$), 2015 & 2020
Figure 39: Latin America: Artificial Intelligence (Healthcare) Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 40: Latin America: Artificial Intelligence (Manufacturing) Market: Sales Value (in Million US$), 2015 & 2020
Figure 41: Latin America: Artificial Intelligence (Manufacturing) Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 42: Latin America: Artificial Intelligence (Automotive) Market: Sales Value (in Million US$), 2015 & 2020
Figure 43: Latin America: Artificial Intelligence (Automotive) Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 44: Latin America: Artificial Intelligence (Agriculture) Market: Sales Value (in Million US$), 2015 & 2020
Figure 45: Latin America: Artificial Intelligence (Agriculture) Market Forecast (Others) Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 46: Latin America: Artificial Intelligence (Retail) Market: Sales Value (in Million US$), 2015 & 2020
Figure 47: Latin America: Artificial Intelligence (Retail) Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 48: Latin America: Artificial Intelligence (Security) Market: Sales Value (in Million US$), 2015 & 2020
Figure 49: Latin America: Artificial Intelligence (Security) Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 50: Latin America: Artificial Intelligence (Human Resources) Market: Sales Value (in Million US$), 2015 & 2020
Figure 51: Latin America: Artificial Intelligence (Human Resources) Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 52: Latin America: Artificial Intelligence (Marketing) Market: Sales Value (in Million US$), 2015 & 2020
Figure 53: Latin America: Artificial Intelligence (Marketing) Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 54: Latin America: Artificial Intelligence (Financial Services) Market: Sales Value (in Million US$), 2015 & 2020
Figure 55: Latin America: Artificial Intelligence (Financial Services) Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 56: Latin America: Artificial Intelligence (Transportation and Logistics) Market: Sales Value (in Million US$), 2015 & 2020
Figure 57: Latin America: Artificial Intelligence (Transportation and Logistics) Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 58: Latin America: Artificial Intelligence (Others) Market: Sales Value (in Million US$), 2015 & 2020
Figure 59: Latin America: Artificial Intelligence (Others) Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 60: Brazil: Artificial Intelligence Market: Sales Value (in Million US$), 2015 & 2020
Figure 61: Brazil: Artificial Intelligence Market: Breakup by Type (in %), 2020
Figure 62: Brazil: Artificial Intelligence Market: Breakup by Offering (in %), 2020
Figure 63: Brazil: Artificial Intelligence Market: Breakup by Technology (in %), 2020
Figure 64: Brazil: Artificial Intelligence Market: Breakup by System (in %), 2020
Figure 65: Brazil: Artificial Intelligence Market: Breakup by End-Use Industry (in %), 2020
Figure 66: Brazil: Artificial Intelligence Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 67: Mexico: Artificial Intelligence Market: Sales Value (in Million US$), 2015 & 2020
Figure 68: Mexico: Artificial Intelligence Market: Breakup by Type (in %), 2020
Figure 69: Mexico: Artificial Intelligence Market: Breakup by Offering (in %), 2020
Figure 70: Mexico: Artificial Intelligence Market: Breakup by Technology (in %), 2020
Figure 71: Mexico: Artificial Intelligence Market: Breakup by System (in %), 2020
Figure 72: Mexico: Artificial Intelligence Market: Breakup by End-Use Industry (in %), 2020
Figure 73: Mexico: Artificial Intelligence Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 74: Argentina: Artificial Intelligence Market: Sales Value (in Million US$), 2015 & 2020
Figure 75: Argentina: Artificial Intelligence Market: Breakup by Type (in %), 2020
Figure 76: Argentina: Artificial Intelligence Market: Breakup by Offering (in %), 2020
Figure 77: Argentina: Artificial Intelligence Market: Breakup by Technology (in %), 2020
Figure 78: Argentina: Artificial Intelligence Market: Breakup by System (in %), 2020
Figure 79: Argentina: Artificial Intelligence Market: Breakup by End-Use Industry (in %), 2020
Figure 80: Argentina: Artificial Intelligence Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 81: Colombia: Artificial Intelligence Market: Sales Value (in Million US$), 2015 & 2020
Figure 82: Colombia: Artificial Intelligence Market: Breakup by Type (in %), 2020
Figure 83: Colombia: Artificial Intelligence Market: Breakup by Offering (in %), 2020
Figure 84: Colombia: Artificial Intelligence Market: Breakup by Technology (in %), 2020
Figure 85: Colombia: Artificial Intelligence Market: Breakup by System Configuration (in %), 2020
Figure 86: Colombia: Artificial Intelligence Market: Breakup by End-Use Industry (in %), 2020
Figure 87: Colombia: Artificial Intelligence Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 88: Chile: Artificial Intelligence Market: Sales Value (in Million US$), 2015 & 2020
Figure 89: Chile: Artificial Intelligence Market: Breakup by Type (in %), 2020
Figure 90: Chile: Artificial Intelligence Market: Breakup by Offering (in %), 2020
Figure 91: Chile: Artificial Intelligence Market: Breakup by Technology (in %), 2020
Figure 92: Chile: Artificial Intelligence Market: Breakup by System (in %), 2020
Figure 93: Chile: Artificial Intelligence Market: Breakup by End-Use Industry (in %), 2020
Figure 94: Chile: Artificial Intelligence Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 95: Peru: Artificial Intelligence Market: Sales Value (in Million US$), 2015 & 2020
Figure 96: Peru: Artificial Intelligence Market: Breakup by Type (in %), 2020
Figure 97: Peru: Artificial Intelligence Market: Breakup by Offering (in %), 2020
Figure 98: Peru: Artificial Intelligence Market: Breakup by Technology (in %), 2020
Figure 99: Peru: Artificial Intelligence Market: Breakup by System (in %), 2020
Figure 100: Peru: Artificial Intelligence Market: Breakup by End-Use Industry (in %), 2020
Figure 101: Peru: Artificial Intelligence Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 102: Others: Artificial Intelligence Market: Sales Value (in Million US$), 2015 & 2020
Figure 103: Others: Artificial Intelligence Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 104: Latin America: Artificial Intelligence Industry: SWOT Analysis
Figure 105: Latin America: Artificial Intelligence Industry: Value Chain Analysis
Figure 106: Latin America: Artificial Intelligence Industry: Porter’s Five Forces Analysis
List of Tables
Table 1: Latin America: Artificial Intelligence Market: Key Industry Highlights, 2020 and 2026
Table 2: Latin America: Artificial Intelligence Market Forecast: Breakup by Type (in Million US$), 2021-2026
Table 3: Latin America: Artificial Intelligence Market Forecast: Breakup by Offering (in Million US$), 2021-2026
Table 4: Latin America: Artificial Intelligence Market Forecast: Breakup by Technology (in Million US$), 2021-2026
Table 5: Latin America: Artificial Intelligence Market Forecast: Breakup by System (in Million US$), 2021-2026
Table 6: Latin America: Artificial Intelligence Market Forecast: Breakup by End-Use Industry (in Million US$), 2021-2026
Table 7: Latin America: Artificial Intelligence Market Forecast: Breakup by Country (in Million US$), 2021-2026
Table 8: Latin America: Artificial Intelligence Market: Competitive Structure
Table 9: Latin America: Artificial Intelligence Market: Key Players