LAMEA Cloud Enterprise Application Software Market Size, Share & Trends Analysis Report By Organization Size, By Deployment Mode, By End User, By Solution, By Country and Growth Forecast, 2024 - 2031

The Latin America, Middle East and Africa Cloud Enterprise Application Software Market is expected to witness market growth of 12.7% CAGR during the forecast period (2024-2031).

The Brazil market dominated the LAMEA Cloud Enterprise Application Software Market by country in 2023, and is expected to continue to be a dominant market till 2031; thereby, achieving a market value of $6.97 billion by 2031. The Argentina market is registering a CAGR of 13.3% during 2024-2031. Additionally, the UAE market would witness a CAGR of 11.4% during 2024-2031.



Organizations are being compelled to incorporate secure cloud solutions as a critical component of their IT strategies due to the increasing frequency and complexity of cybersecurity threats. As cyberattacks such as data breaches, ransomware, and phishing campaigns become more sophisticated, businesses face increased risks to their sensitive data and operations. Cloud platforms offer advanced security frameworks, including encryption, identity and access management, real-time threat detection, and automated response mechanisms, which provide a higher level of protection than many traditional on-premises systems.

Additionally, secure cloud solutions help organizations comply with strict regulatory standards and ensure data privacy, making them an essential choice in today’s threat landscape. By leveraging managed cloud services with robust security capabilities, businesses can better safeguard their digital assets and maintain operational resilience.

In South Africa, the expansion of the IT services and outsourcing industry has led to the generation of significant volumes of data, increasing the demand for secure and scalable cloud enterprise applications. As businesses in the IT and ITeS sectors expand and digitize their operations, the need for enterprise applications that support business continuity, disaster recovery, and regulatory compliance has intensified. Compliance with South Africa’s Protection of Personal Information Act (POPIA) drives organizations to adopt cloud enterprise software with built-in data protection, real-time monitoring, and automated threat detection capabilities. These solutions help businesses detect and respond to potential system failures, cyberattacks, and data breaches in real-time, minimizing downtime and safeguarding critical information. As organizations across the LAMEA region continue their digital transformation journeys, cloud enterprise application software will be pivotal in ensuring secure, reliable, and compliant cloud environments.

List of Key Companies Profiled

• Epicor Software Corporation
• Hewlett Packard Enterprise Company
• IBM Corporation
• Microsoft Corporation
• Oracle Corporation
• Accenture PLC
• SAP SE
• Salesforce, Inc.
• Zoho Corporation Pvt. Ltd.
• Amazon Web Services, Inc. (Amazon.com, Inc.)

Market Report Segmentation

By Organization Size

• Large Enterprises
• Small & Medium Enterprises

By Deployment Mode

• Public Cloud
• Hybrid Cloud
• Private Cloud

By End User

• Manufacturing & Services
• BFSI
• Healthcare
• Retail
• Government
• Oil & Gas
• Telecom & Others

By Solution

• Customer Relationship Management
• Enterprise Resource Planning
• Supply Chain Management
• Business Intelligence
• Content Management System
• Enterprise Asset Management
• Business Process Management
• Web conferencing
• Other Solution

By Country

• Brazil
• Argentina
• UAE
• Saudi Arabia
• South Africa
• Nigeria
• Rest of LAMEA