South America Tax and Accounting Software market By Software type

Brazil accounted for the largest market share in 2018 in the south america tax and accounting software market, and is expected to reach usd 798.90 million in 2025 from usd 449.80 million in 2018. however, colombia is the fastest growing market, which is expected to grow at a cagr of 9.25% during the forecast period 2019 - 2025. on premise segment accounted for the larger market share in 2018, this market is expected to reach usd 496.40 million in 2025 from usd 355.90 million in 2018. this market is projected to grow at a cagr of 4.89% during the forecast period from 2019 - 2025. however, cloud segment is the fastest growing market, which is expected to grow at a cagr of 11.82% during the forecast period 2019 - 2025. small and medium enterprise segment accounted for the larger market share in 2018, this market is expected to reach usd 610.60 million in 2025 from usd 384.60 million in 2018. this market is projected to grow at a cagr of 6.85% during the forecast period from 2019 - 2025. however, small and medium enterprise segment is the fastest growing market, which is expected to grow at a cagr of 6.85% during the forecast period 2019 - 2025. manufacturing segment accounted for the largest market share in 2018, this market is expected to reach usd 426.70 million in 2025 from usd 231.40 million in 2018. this market is projected to grow at a cagr of 9.22% during the forecast period from 2019 - 2025. accounting software segment accounted for the larger market share in 2018, this market is expected to reach usd 635.30 million in 2025 from usd 406.00 million in 2018. this market is projected to grow at a cagr of 6.63% during the forecast period from 2019 - 2025. however, tax software segment is the fastest growing market, which is expected to grow at a cagr of 6.97% during the forecast period 2019 - 2025.