refresh

Mergers & Acquisitions

Learn More

Private Capital Raises

Learn More

Market Assessments & Valuations

Learn More

Business Services & Technology

Learn More

Industrial Services & Technology

Learn More

Healthcare and Life Sciences

Learn More

Consumer Services & Technology

Learn More

Emerging Markets

Learn More

Insurance Services & Technology

Learn More

Blog

Learn More

Quarterly Reports

Learn More

Sectorwatches

Learn More

Whitepapers

Learn More

Newsletters

Learn More
Deal Talk with 7MA

Your resource for invaluable insight into investment banking and the M&A space.

Learn More
Deal Us In

Conversation with women leaders and rising stars in the private equity and finance space.

Learn More

Download PDF

June 2021

IT Services – LATAM

Digital transformation accelerated during the COVID-19 pandemic as a necessity for the continuation of business operation and value creation. According to the latest forecast by Gartner, worldwide IT spending is projected to total $4.1T in 2021, an increase of 8.4% from 2020. Additionally, the IT Outsourcing market is expected to reach $486.16B by 2024, with a CAGR of 5%. Given the market demand, 7MA has actively advised various near-shore LATAM clients that support digital transformation and modernization. These clients have risen to the digital challenge by creating and implementing tailored solutions via onsite and near-shore agile development teams. The following is an overview of the LATAM IT Services Market and highlights ongoing trends.

Login

Don't have a login? Create an account