Frost Radar™: Infrastructure and Platforms as a Service in Latin America, 2024

Frost Radar™: Infrastructure and Platforms as a Service in Latin America, 2024

A Benchmarking System to Spark Companies to Action - Innovation That Fuels New Deal Flow and Growth Pipelines

The infrastructure-as-a-service (IaaS) and platform-as-a-service (PaaS) market is experiencing rapid growth in Latin America. As in the rest of the world, cloud infrastructure and platforms form the foundation for digital economies. Over the past decade, they have driven technological modernization, from the migration of applications and data to the cloud to the recent rise of artificial intelligence and machine learning.

After a slower start, Latin America has become a hub of sustained growth for global IaaS and PaaS providers. These providers increasingly invest resources in the region, fueling growth rates that now surpass those of the rest of the world.

Frost & Sullivan analyzes numerous companies in an industry. Those selected for further analysis based on their leadership or other distinctions are benchmarked across 10 Growth and Innovation criteria to reveal their position on the Frost Radar™. The publication presents competitive profiles of each company on the Frost Radar™ considering their strengths and the opportunities that best fit those strengths.