Latin America Digital Transformation Market To Broaden Up At Rapid Pace During 2023-2028 Attributable To Government Initiatives For Digitalisation Of Various Industrial Sectors

El informe del estudio de mercado de Informes de Expertos titulado, ‘Mercado Latinoamericano de Transformación Digital, Informe y Pronóstico 2023-2028′, ofrece una visión estructurada del mercado, examinando sus diversos segmentos y variables clave como tecnología, tipo de despliegue, tamaño de la organización, industria y las regiones. La investigación recoge un sólido pronóstico de la presencia de factores clave de éxito y limitaciones, sigue a los proveedores bien establecidos y las últimas tendencias de la industria que impactan en el objetivo de crecimiento del mercado global. También evalúa la dinámica del mercado y la relación entre la demanda de los consumidores y el precio del producto, junto con la auditoría de los modelos FODA y de las cinco fuerzas de Porter.

The market study report by Informes de Expertos titled, ‘Latin America Digital Transformation Market 2023-2028’ , gives structured insights into the market, examining its diverse segments and key variables such as technology, type of deployment, size of organisation, industry, and key regions. The research gathers robust forecasting of the presence of key success factors and constraints, tracks well-established vendors, and the latest trends in the industry that impact the growth goal of the overall market. It also assesses the market dynamics, and the relationship between consumer demand and product price, coupled with the audit of SWOT and Porter’s Five Forces models.

Get a Free Sample Report with Table of Contents – https://www.informesdeexpertos.com/informes/mercado-latinoamericano-de-transformacion-digital/solicitar-una-muestra

Los aspectos más destacados del informe incluyen:

Visión general del mercado (2018-2028)

• CAGR para el período de pronóstico (2023-2028): 9,50%

El mercado de transformación digital de América Latina está creciendo y reflejando oportunidades de expansión de ingresos con los requisitos de las unidades de negocio para transformarse digitalmente. Además, los esfuerzos de los actores clave para avanzar en los procesos de negocio en diversos sectores industriales como BFSI, TI y telecomunicaciones, fabricación, educación, gobierno están cambiando las perspectivas del mercado.

En adición, la transformación digital está siendo promovido por la importante necesidad de tecnologías de Big Data en los sectores empresarial y gubernamental, de IA y ML en aplicaciones de entrega de alimentos y transporte, y de firmas digitales en la banca para KYC. Debido al teletrabajo forzoso tras la pandemia, las zonas de América Latina están reconstruyendo la estructura del lugar de trabajo y convirtiéndose en unidades corporativas digitalmente transformadas. Por lo tanto, todos estos factores y tendencias están mostrando los patrones de crecimiento de la industria objetivo en América Latina.

Read Full Report with Table of Contents – https://www.informesdeexpertos.com/informes/mercado-latinoamericano-de-transformacion-digital

Industry Definition and Major Segments

A workplace is considered to have been digitally transformed when the tasks performed by the business divisions of an organisation are changed and improved in accordance with the demands of digital technology. The process of integrating technologies and changing workplace practises, operational procedures, organisational culture, and customer service delivery methods in accordance with automated optimization is known as digital transformation.

The main digital transformation technologies are:

• Cloud Computing
• Artificial Intelligence
• Big Data and Analytics
• Mobility/Social Media
• Cybersecurity
• Internet of Things

By type of deployment, the market is segmented into:

• On-Premises
• Cloud

Based on the size of the organization, the market is divided into:

• Small and Medium Enterprises (SMEs)
• Large Enterprises

Based on the industry, the market is classified into:

• Banking, Financial Services and Insurance
• IT and Telecommunications
• Manufacturing
• Education
• Retail
• Media and Entertainment
• Government

Key regions covered include:

• Brazil
• Argentina
• Mexico
• Others

Market Trends

The digital transformation market in Latin America was valued at nearly $12.50 billion in 2021 due to changes in trends like telecommuting which are showing a change in the demand pattern of organizations in the corporate, educational, banking, financial services, and insurance sectors. Even, the registration of new company websites in 2020 increased by up to 800% in Colombia and Mexico and by 360% in Brazil and Chile, which also served as indicators of the growth of the Latin American market for digital transformation.

Due to key players’ continuous attempts to brand their social presence on online platforms, start-up’s, and other companies, the market forecast for digital transformation in the Americas is being shaped. Additionally, the major factors including digitalization, a highly competitive environment, government initiatives for financing start-ups, the prominence of e-commerce platforms, and technological advancements in the target region are transforming the market at a strong pace.

Key Market Players

The major players in the market are:

• Microsoft
• Dell Inc.
• Adobe
• Accenture
• Genpact
• Others

The insights in the market research report provide growth possibilities, socio-political environment factors affecting the market, launches of products, new entrants dominating the market, and the presence of key companies driving the industry.

About Us

Informes de Expertos, the Spanish variant of Expert Market Research, is a platform that offers market research and consultancy services to a broad clientele base across Spanish speaking countries. With our primary focus on the Latin America and Spain markets, our research experts provide relevant and actionable insights into the markets and track major trends, economic developments, and global trade data.

Determined to bring client satisfaction, we make sure that our tailored approach meets the client’s unique market intelligence requirements. Our syndicated and customized research reports cover a wide spectrum of industries ranging from pharmaceuticals and food and beverage to packaging, logistics, and transportation.

Media Contact

Company Name: Informes De Expertos
Contact Person: Irene Garcia, Corporate Sales Specialist – U.S.A.
Email: sales@informesdeexpertos.com
Toll Free Number: +1 (818) 319-4060
Address: 30 North Gould Street, Sheridan, WY 82801, USA
Website: https://www.informesdeexpertos.com/

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Latin America Digital Maps Market To Flourish In The Projected Period Of 2023-2028 With The Thriving Travel Culture Coupled With The Rapid Technological Advances

El informe del estudio de mercado de Informes de Expertos titulado, ‘Mercado Latinoamericano de Mapas Digitales, Informe y Pronóstico 2023-2028′, ofrece una visión estructurada del mercado, examinando sus diversos segmentos y variables clave como tipo, funcionalidad, aplicaciones, uso final y las regiones. La investigación recoge un sólido pronóstico de la presencia de factores clave de éxito y limitaciones, sigue a los proveedores bien establecidos y las últimas tendencias de la industria que impactan en el objetivo de crecimiento del mercado global. También evalúa la dinámica del mercado y la relación entre la demanda de los consumidores y el precio del producto, junto con la auditoría de los modelos FODA y de las cinco fuerzas de Porter.

The market study report by Informes de Expertos titled, ‘Latin America Digital Maps Market 2023-2028’ , gives structured insights into the market, examining its diverse segments and key variables such as type, functionality, applications, end use, and key regions. The research gathers robust forecasting of the presence of key success factors and constraints, tracks well-established vendors, and the latest trends in the industry that impact the growth goal of the overall market. It also assesses the market dynamics, and the relationship between consumer demand and product price, coupled with the audit of SWOT and Porter’s Five Forces models.

Get a Free Sample Report with Table of Contents – https://www.informesdeexpertos.com/informes/mercado-latinoamericano-de-mapas-digitales/solicitar-una-muestra

Los aspectos más destacados del informe incluyen:

Visión general del mercado (2018-2028)

• CAGR para el período de pronóstico (2023-2028): 8,6%

La industria latinoamericana de mapas digitales está evolucionando y experimentando cambios constantes atribuibles a la rápida evolución de la tecnología, los medios de comunicación y el sector de TI y los patrones de demanda de los clientes. Además, la participación consolidada del gobierno y las principales empresas de la región para promover las tecnologías avanzadas y las actualizaciones de productos están aumentando las oportunidades para los posibles participantes.

Con el continuo gasto en redes y las próximas asignaciones de espectro, el mercado de mapas digitales se ha arraigado en América Latina y está impulsando la cuota con la amplia aceptación de ML, inteligencia artificial (IA) y tecnologías de análisis de mapas. Todas estas modalidades de demanda están calibrando el crecimiento potencial del mercado de mapas digitales junto con una mayor generación de ingresos a través de nuevos mecanismos de negocio y la intensidad de la agenda digital.

Read Full Report with Table of Contents – https://www.informesdeexpertos.com/informes/mercado-latinoamericano-de-mapas-digitales

Industry Definition and Major Segments

The geographical depiction of a terrain, city, road, country, etc. in the form of a diagram that is virtually structured on a computer is referred to as a “digital map.” Maps are created by gathering precise data from a certain area and are used for both indoor and outdoor purposes, including satellite positioning and GPS navigation.

The sector can be broadly classified based on type:

• Software Solutions
• Maps
• Services

The industry can be divided based on functionality as:

• Computerised
• Scientific
• GPS Navigation

The industry is segmented based on applications into:

• Indoor Applications
• Outdoor Applications

By end use, the market is classified into:

• Government and Public Services
• Automation
• Electronic Commerce and Retail
• Others

Key regions covered include:

• Brazil
• Argentina
• Mexico
• Others

Market Trends

According to IDE analysts, the Latin American market for digital maps is estimated to evolve at an exponential rate during the forecast period 2023-2028. Further, the market held an estimated revenue share worth around $1.3 billion in 2021. This change in market outlook was attributable to the adoption of more advanced technologies and of how quickly cities are urbanising and becoming more digital. Because of this, the group of users of mobile computing devices and their variables necessitates new modalities, such as 3D spatial data about local eateries, hospitals, etc. estimating the potential size of the global market for digital maps.

Further, the growing economies of Latin American nations and the rising propensities of stiff competition among key players to better their product launches and R&D innovations are transitioning the digital society and the demands of consumers for digital technologies such as digital maps. Therefore, corresponding to all these above-mentioned factors, the rise in travel and exploration trend is also posing lucrative opportunities for potential entrants in the target market.

Key Market Players

The major players in the market are:

• Google LLC (Alphabet Inc.)
• Apple Inc.
• Environmental Systems Research Institute (ESRI), Inc. TomTom NV
• HERE Global B.V.
• Others

The insights in the market research report provide growth possibilities, socio-political environment factors affecting the market, launches of products, new entrants dominating the market, and the presence of key companies driving the industry.

About Us

Informes de Expertos, the Spanish variant of Expert Market Research, is a platform that offers market research and consultancy services to a broad clientele base across Spanish speaking countries. With our primary focus on the Latin America and Spain markets, our research experts provide relevant and actionable insights into the markets and track major trends, economic developments, and global trade data.

Determined to bring client satisfaction, we make sure that our tailored approach meets the client’s unique market intelligence requirements. Our syndicated and customized research reports cover a wide spectrum of industries ranging from pharmaceuticals and food and beverage to packaging, logistics, and transportation.

Media Contact

Company Name: Informes De Expertos
Contact Person: Irene Garcia, Corporate Sales Specialist – U.S.A.
Email: sales@informesdeexpertos.com
Toll Free Number: +1 (818) 319-4060
Address: 30 North Gould Street, Sheridan, WY 82801, USA
Website: https://www.informesdeexpertos.com/

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Latin America Storage Area Network Market Is Estimated To Propel Significantly During 2023-2028, Due To Increasing Incorporation Of Advanced Technology To Replace The Traditional SAN

El nuevo estudio de Informes de Expertos titulado ‘Mercado de Redes de Área de Almacenamiento en América Latina, Informe y Pronóstico 2023-2028′, presenta una amplia revisión de los factores que reflejan positivamente el panorama del mercado y explora los aspectos en términos de componente, tecnología, tamaño de la organización, uso final, y las regiones clave. El informe también explora las restricciones y los retos del mercado, basándose en los modelos de las cinco fuerzas de Porter, junto con un análisis FODA. Además, se evalúa el mercado en términos de tendencias pasadas y futuras y su influencia posterior en el algoritmo. El estudio incluye una investigación exhaustiva, que abarca indicadores de precios y agentes del mercado, ilustrando las repercusiones en la dinámica y las perspectivas del mercado.

The new report by Informes de Expertos titled, ‘Latin America Storage Area Network Market 2023-2028’ , presents an extensive review of the factors positively reflecting the market landscape and explores the aspects in terms of component, technology, organisation size, end use, and the key regions. The report also explores market restraints and market challenges, based on Porter’s five forces models, together with a SWOT analysis. In addition, the market is assessed in terms of past and future trends and their subsequent influence on the algorithm. The study involves a thorough research, spanning price indicators and market actors, illustrating the impacts on the market dynamics and outlook.

Get a Free Sample Report with Table of Contents – https://www.informesdeexpertos.com/informes/mercado-de-redes-de-area-de-almacenamiento-en-america-latina/solicitar-una-muestra

Los aspectos más destacados del informe son:

Visión General del Mercado (2018-2028)

• CAGR del Periodo de Pronóstico (2023-2028): 8,40%

El crecimiento del mercado de redes de área de almacenamiento (SAN) en América Latina está impulsado por varios factores, como la creciente necesidad de almacenamiento de datos, la creciente adopción de la computación en la nube y el creciente uso de análisis de Big Data en diversas industrias. Además, el creciente uso de la virtualización y la necesidad de soluciones de recuperación de desastres y continuidad del negocio también están impulsando el crecimiento del mercado.

También se espera que la creciente adopción de aplicaciones de uso intensivo de datos, como la videovigilancia, las redes sociales y el comercio electrónico, impulse el crecimiento del mercado de SAN en Latinoamérica. Con la creciente cantidad de datos que se generan y almacenan, las organizaciones buscan formas de almacenar, gestionar y proteger sus datos de manera más eficiente. Las SAN ofrecen una solución de almacenamiento de alto rendimiento que permite a las organizaciones almacenar, gestionar y proteger grandes cantidades de datos. En consecuencia, el mercado obtuvo un valor de 129 millones de USD en 2022.

Read Full Report with Table of Contents – https://www.informesdeexpertos.com/informes/mercado-de-redes-de-area-de-almacenamiento-en-america-latina

Industry Definition and Major Segments

A storage area network (SAN) is a specialized, high-speed network that provides block-level access to data storage. SANs are typically composed of host servers, switches, storage arrays, and storage devices that are connected to each other using a variety of technologies, including Fibre Channel, iSCSI, and FCoE. A storage area network typically uses a dedicated network to connect storage devices to servers, enabling the storage devices to be accessed and managed as if they were directly attached to the servers. This allows organizations to store, manage, and protect large amounts of data more efficiently.

According to components, the market can be further categorised into:

• Software
• Hardware
• Services

Based on technology, the market can be divided into:

• Fibre Channel (FC)
• Fibre Channel over Ethernet (FCoE)
• InfiniBand
• iSCSI protocol

By size of organisation, the industry is classified into:

• Small and Medium Enterprises (SMEs)
• Large Enterprise

The market can be segmented according to end-use:

• BFSI
• Retail and E-Commerce
• IT and Telecommunications
• Energy and Utilities
• Government Offices
• Education
• Aerospace & Defence
• Health
• Manufacturing
• Other

Key regions covered include:

• Brazil
• Argentina
• Mexico
• Others

Market Trends

In recent years, the Storage Area Network (SAN) market in Latin America has seen a shift towards the adoption of hybrid and software-defined storage solutions, which is driving the need for greater flexibility and scalability in data storage and reduces costs. Another trend in the SAN market in Latin America is the increasing adoption of cloud-based storage solutions. This is bolstered by the need for greater accessibility and scalability of data storage, as well as the need to reduce costs.

Additionally, many companies are turning to flash storage to enhance their storage capacity and performance. flash storage is becoming more popular in Latin America due to its higher performance and energy efficiency, which help companies to reduce costs and increase their storage capacity. In the future, the SAN market in Latin America is also expected to see an increase in the adoption of artificial intelligence and machine learning in data storage and management, as well as an increase in the use of edge computing to support the growing Internet of Things (IoT) ecosystem.

Key Market Players

The major players in the market are:

• IBM Corporation
• Oracle Corporation
• Cisco Systems, Inc.
• HP Inc.
• Dell Technologies Inc.
• Others

This report covers their profiles and provides information on expansions, investments and mergers and acquisitions, among other latest industry developments.

About Us

Informes de Expertos, the Spanish variant of Expert Market Research, is a platform that offers market research and consultancy services to a broad clientele base across Spanish speaking countries. With our primary focus on the Latin America and Spain markets, our research experts provide relevant and actionable insights into the markets and track major trends, economic developments, and global trade data.

Determined to bring client satisfaction, we make sure that our tailored approach meets the client’s unique market intelligence requirements. Our syndicated and customized research reports cover a wide spectrum of industries ranging from pharmaceuticals and food and beverage to packaging, logistics, and transportation.

Media Contact

Company Name: Informes De Expertos
Contact Person: Irene Garcia, Corporate Sales Specialist – U.S.A.
Email: sales@informesdeexpertos.com
Toll Free Number: +1 (818) 319-4060
Address: 30 North Gould Street, Sheridan, WY 82801, USA
Website: https://www.informesdeexpertos.com/

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Latin America Micro Lending Market Is Expected To Register Substantial Growth During 2023-2028 With The Influx Of Startups And Need For Instant Small Loans

El nuevo estudio de Informes de Expertos titulado ‘Mercado de Microcréditos en América Latina, Informe y Pronóstico 2023-2028′, ofrece una amplia revisión de los factores que reflejan positivamente el panorama del mercado y explora los factores en términos de proveedor, usuario final, y las regiones clave. El informe también estudia las restricciones y los retos del mercado, basándose en los modelos de las cinco fuerzas de Porter, junto con un análisis FODA. Asimismo, se evalúa el mercado en sobre la base de las tendencias pasadas y futuras y su influencia posterior en el algoritmo. El estudio incluye una investigación exhaustiva, que abarca indicadores de precios y agentes del mercado, ilustrando las repercusiones en la dinámica y las perspectivas del mercado.

The new report by Informes de Expertos titled, ‘Latin America Micro Lending Market 2023-2028’ , provides a broad review of the factors that reflect positively on the market landscape and explores the factors in terms of provider, end user, and key regions. The report also examines market constraints and challenges, based on Porter’s five forces models, along with a SWOT analysis. Furthermore, the market is assessed on the basis of past and future trends and their subsequent influence on the algorithm. The study includes extensive research, covering price indicators and market players, illustrating the impact on market dynamics and prospects.

Get a Free Sample Report with Table of Contents – https://www.informesdeexpertos.com/informes/mercado-de-microcreditos-en-america-latina/solicitar-una-muestra

Los aspectos más destacados del informe son:

Visión General del Mercado (2018-2028)

• CAGR del Periodo de Pronóstico (2023-2028): 3,90%

Entre los principales factores del microcrédito se encuentran el uso de la tecnología para acelerar el proceso de préstamo, el auge del microcrédito como estrategia para erradicar la pobreza y fomentar el progreso económico, y la expansión del microcrédito en las naciones emergentes. También se ha atribuido a los efectos del COVID-19, el aumento de la popularidad de las plataformas digitales y la financiación en línea. Estas plataformas hacen posible que los prestatarios accedan a la financiación durante toda la pandemia al permitirles presentar solicitudes de préstamo, materiales de apoyo y reembolsos en línea. Esto, a su vez, aumentó el tamaño del mercado en 2022 a un valor de USD 32,65 mil millones.

Además, la tecnología ha simplificado a los prestamistas la gestión de sus carteras y a los prestatarios la solicitud y recepción de microcréditos. Como resultado, ahora hay más plataformas de micropréstamos en línea y los costes de los préstamos están bajando, lo que, a su vez, aumenta la competencia entre los prestamistas y, en consecuencia, los prestatarios reciben mejores condiciones ahora, incluidos tipos de interés reducidos y alternativas de reembolso más adaptables. Muchos micro prestamistas dan prioridad a la inclusión financiera para ofrecer financiación a personas que no tienen acceso a los servicios bancarios habituales.

Read Full Report with Table of Contents – https://www.informesdeexpertos.com/informes/mercado-de-microcreditos-en-america-latina

Industry Definition and Major Segments

Microfinance is the provision of financial services, such as loans, savings, and insurance, to individuals and small businesses that lack access to traditional banking services. The goal of microfinance is to provide these underserved populations with the financial tools they need to improve their economic well-being and lift themselves out of poverty. Microfinance can include a wide range of services, from small loans to micro-entrepreneurs to savings and insurance products for individuals.

On the basis of provider, the market can be segmented into:

• Banks
• Microfinance Institutions
• NBFC (Non-Banking Financial Institutions)
• Others

By end-user, the market can be categorised into:

• Small Businesses
• Micro Enterprises
• Sole Proprietors and Self-Employed

Key regions covered include:

• Brazil
• Argentina
• Mexico
• Others

Market Trends

The use of microlending has grown substantially as a tool for reducing poverty and fostering economic growth. As a result, more lenders are paying attention to how their lending practises affect society. Some are even creating brand-new goods and services that are intended to aid low-income borrowers. Many borrowers are now having financial difficulties because of the epidemic, which has had a huge influence on the microlending sector. Due to the rise in loan defaults that resulted from this, several microlenders had to modify their lending guidelines to reflect the shifting market dynamics.

Increased access to financial services, particularly for individuals and small businesses in developing nations, the development of digital platforms and mobile technology, which facilitate connections and transactions between borrowers and lenders, and a rising awareness of and interest in impact investing and socially responsible investing are some of the market factors responsible for microlending. Additionally, it is projected that the government programmes and initiatives that support financial inclusion and small business development can help fuel the growth of the microlending industry during the forecast period.

Key Market Players

The major players in the market are:

• SuperSim
• BizCapital
• Banco Santander S.A.
• Baubap
• Grupo Supervielle SA
• BBVA
• Others

This report covers their profiles and provides information on expansions, investments and mergers and acquisitions, among other latest industry developments.

About Us

Informes de Expertos, the Spanish variant of Expert Market Research, is a platform that offers market research and consultancy services to a broad clientele base across Spanish speaking countries. With our primary focus on the Latin America and Spain markets, our research experts provide relevant and actionable insights into the markets and track major trends, economic developments, and global trade data.

Determined to bring client satisfaction, we make sure that our tailored approach meets the client’s unique market intelligence requirements. Our syndicated and customized research reports cover a wide spectrum of industries ranging from pharmaceuticals and food and beverage to packaging, logistics, and transportation.

Media Contact

Company Name: Informes De Expertos
Contact Person: Irene Garcia, Corporate Sales Specialist – U.S.A.
Email: sales@informesdeexpertos.com
Toll Free Number: +1 (818) 319-4060
Address: 30 North Gould Street, Sheridan, WY 82801, USA
Website: https://www.informesdeexpertos.com/

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Latin America Crop Insurance Market To Gain Traction In The Anticipated Period Of 2023-2028 With The Augmented Government Support And Natural Calamities That Destroy Crops

El informe del estudio de mercado de Informes de Expertos titulado, ‘El Mercado de Seguros de Cultivos en América Latina, Informe y Pronóstico 2023-2028′, ofrece una visión estructurada del mercado, examinando sus diversos segmentos y variables clave como cobertura, canal de distribución y las regiones. La investigación recoge un sólido pronóstico de la presencia de factores clave de éxito y limitaciones, sigue a los proveedores bien establecidos y las últimas tendencias de la industria que impactan en el objetivo de crecimiento del mercado global. También evalúa la dinámica del mercado y la relación entre la demanda de los consumidores y el precio del producto, junto con la auditoría de los modelos FODA y de las cinco fuerzas de Porter.

The market study report by Informes de Expertos titled, ‘Latin America Crop Insurance Market 2023-2028’ , gives structured insights into the market, examining its diverse segments and key variables such as coverage, distribution channel, and key regions. The research gathers robust forecasting of the presence of key success factors and constraints, tracks well-established vendors, and the latest trends in the industry that impact the growth goal of the overall market. It also assesses the market dynamics, and the relationship between consumer demand and product price, coupled with the audit of SWOT and Porter’s Five Forces models.

Get a Free Sample Report with Table of Contents – https://www.informesdeexpertos.com/informes/mercado-de-seguros-de-cultivos-en-america-latina/solicitar-una-muestra

Los aspectos más destacados del informe incluyen:

Visión general del mercado (2018-2028)

• CAGR para el período de pronóstico (2023-2028): 4,70%

Los datos de crecimiento del mercado latinoamericano de seguros de cultivos demuestran la errática y creciente cuota de mercado de los principales competidores de la región. La economía agrícola de los países desarrollados de América Latina está creciendo, y las medidas gubernamentales para el desarrollo sostenible están volviendo a centrar la atención en las corporaciones clave del seguro de cosechas. Además, durante el periodo proyectado, se espera que el mercado suba debido a factores como los cambios climáticos, las pérdidas de producción por plagas, el aumento de las exportaciones y la colaboración de los gobiernos. Por otra parte, el mercado de los seguros de cultivos evoluciona favorablemente gracias a los tenaces esfuerzos de las empresas regionales y a la exigencia de adoptar tecnologías avanzadas en los campos agrícolas.

Además de los factores mencionados, se espera que el mercado objetivo de América Latina ofrezca una plétora de oportunidades a los nuevos participantes en el mercado con la introducción de la IA en el sector de la agrotecnología apoyando los procesos de los seguros de cosechas para mantener un flujo de trabajo sencillo. Junto con las mayores tasas de producción registradas para un crecimiento saludable, estas tendencias y dinámicas de mercado están alterando las perspectivas del mercado de seguros de cosechas en la región de América Latina.

Read Full Report with Table of Contents – https://www.informesdeexpertos.com/informes/mercado-de-seguros-de-cultivos-en-america-latina

Industry Definition and Major Segments

Crop insurance is a risk management tactic that ensures the investment of agricultural plants and crops against unforeseen occurrences like cyclones, tornadoes, floods, and droughts. According to the regional administration’s guidelines, the principal products protected by this insurance are rice, plantains, bananas, beans, fruit trees, vegetables grown in protected habitats, and a variety of other crops.

The main crop insurance coverages are:

• Multiple Peril Crop Insurance (MPCI)
• Crop-Hail Insurance

The market can be broadly classified based on its distribution channels into:

• Banks
• Insurance Companies
• Brokers/Agents
• Others

Key regions covered include:

• Brazil
• Argentina
• Mexico
• Others

Market Trends

The crop insurance market in Latin America reached a value of around USD 3.12 billion in 2022. More even, the objective market is expected to strengthen further in the forecast period of 2023-2028 at a sturdy pace. The estimations and growth predictions of the crop insurance industry are expected from the part of key players and their steadfast collaborative efforts in the target region. Therefore, the impact of climatic changes and crop production loss due to pests are contributing to this increase in market expansion.

Consequently, a larger base of small farmers is being drawn to the market as a result to reduce their strain regarding any loss to their crop due to unforeseen factors. In addition to these reasons, variables like frequent floods, droughts, and earthquakes that damage agricultural fields are anticipated to support the industry in the approaching years. The major companies, including ALASA and the Ministry of Agriculture and Rural Development, are preparing growth development strategies and product innovation plans for the Latin American region’s agricultural sector. As a result, consumers in the target market demand an upgraded support channel to necessitate easy insurance coverage.

Key Market Players

The major players in the market are:

• Alasa Web (Latin American Association of Agricultural Insurance Companies)
• La Segunda Seguros (The Second Limited General Insurance Cooperative)
• MAPFRE
• AgroAsemex, SA
• Ministry of Agriculture and Rural Development
• Others

The insights in the market research report provide growth possibilities, socio-political environment factors affecting the market, launches of products, new entrants dominating the market, and the presence of key companies driving the industry.

About Us

Informes de Expertos, the Spanish variant of Expert Market Research, is a platform that offers market research and consultancy services to a broad clientele base across Spanish speaking countries. With our primary focus on the Latin America and Spain markets, our research experts provide relevant and actionable insights into the markets and track major trends, economic developments, and global trade data.

Determined to bring client satisfaction, we make sure that our tailored approach meets the client’s unique market intelligence requirements. Our syndicated and customized research reports cover a wide spectrum of industries ranging from pharmaceuticals and food and beverage to packaging, logistics, and transportation.

Media Contact

Company Name: Informes De Expertos
Contact Person: Irene Garcia, Corporate Sales Specialist – U.S.A.
Email: sales@informesdeexpertos.com
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Website: https://www.informesdeexpertos.com/

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