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Latin America Business News

Latin American Technology Market Expected to Grow Another 10% this Year

Latin American technology executives continue to express confidence in their market as they bask in the 10 percent growth last year.  The Latin American technology market topped $275 billion last year and is expected to grown another 10 percent in 2011.

Continuous investment in software is just one of the reasons why this market segment is so strong in the region.  The market segment is also enjoying growth thanks to investment in new technologies and innovations by technology companies. 

The Latin American wireless market is facing maturing and is looking at introducing proven technologies like 3G and 4G throughout the region.