Colombia's Sophisticated Tech And Software Industry Has Created A Good Environment For Investors To Operate In
In 2019 Colombia positioned itself as the fourth largest IT market in Latin America, after Brazil, Mexico, and Chile. The software and IT services market in the country exceeded USD 8.2 billion in 2019. (IDC – estimated figures).
The policies of the Colombian government have created a good environment for tech and software companies to operate in.
Tech giants such as Facebook, Google and Hubspot already have their LatAm Headquarters in Colombia as the government has laid the groundwork to become a leading prospect for foreign investment in the region.