South America Artwork Management Software Market Forecast to 2028 - COVID-19 Impact and Regional Analysis By Deployment (On-Premise and Cloud) and Application (Life-Sciences, Retail, Manufacturing, and others)

Cloud to be the Fastest Growing Segment in South America Artwork Management Software Market during the forecast period

According to this research study titled “South America Artwork Management Software Market to 2028 - COVID-19 Impact and Regional Analysis and Forecast by Deployment and Application,” the market is expected to reach US$ 32.81 million by 2028 from US$ 22.12 million in 2021. The market is estimated to grow at a CAGR of 5.1% from 2021 to 2028. The report provides trends prevailing in the South America artwork management software market along with the drivers and restraints pertaining to the market growth. Appearance of new and sophisticated technologies, adaptation of cloud-based artwork management platform, and flourishing FMCG industry worldwide are the major factor driving the growth of the artwork management software market. However, typical artwork management challenges hinder the growth of artwork management software market.

Brazil has the largest number of cases with COVID-19, followed by Argentina, Peru, Chile, Ecuador, and amongst others. The COVID-19 pandemic has led to the closure of all economic activities across the region, in order to combat the spread of the virus. The government of South America has taken an array of actions to protect their citizens and contain COVID-19’s spread. The COVID-19 outbreak has majorly caused Brazil’s artwork management tool market disruption in 2020. Countries such as Brazil, Chile, Peru, Colombia experiences higher volume of manufacturing facilities for food & beverage, and pharmaceutical industries which is projected to create a positive impact in the growth of artwork management tool.

South America artwork management software market is segmented based on deployment and application. The South America artwork management software market based on deployment is segmented into on-premise and cloud. On-premise segment accounted for the highest share in the market in 2020 and cloud is expected to be fastest growing during forecast period. Based on application, is segmented into life sciences, retail, manufacturing, and others. The life sciences segment accounted for the highest share in 2020 and retail segment is expected to be the fastest growing during forecast period

enLabel Global Services; Karomi Inc.; Loftware, Inc.; Freyr.; Esko-Graphics BV.; Twona.; Kallik; and Lascom are among some of the leading companies in the South America artwork management software market. The market players focus on new product innovations and developments in order to achieve sustainable growth and to distinguish themselves among competitors present in the highly competitive artwork Management Software Market. For instance, Loftware and NiceLabel Combine, Extend Global Leadership in Enterprise Labeling and Artwork Management. This merger provides consumers and partners with a wider range of solutions, as well as improved labelling capabilities and the advantages of increased cloud-based investment.

The report segments the South America Artwork Management Software Market as follows:

South America Artwork Management Software Market - By Deployment

• On-premise
• Cloud

South America Artwork Management Software Market - By Application

• Life Sciences
• Retail
• Manufacture
• Others

South America Artwork Management Software Market - By Country

• Brazil
• Argentina
• Rest of South America