Uruguay has experienced significant growth in its SaaS industry by 2026, with around 150 SaaS companies generating approximately USD 85 million in annual revenue. The adoption of low-code platforms has surged, with 35% market penetration and over 250,000 users embracing these tools for faster digital transformation. The robust growth reflects Uruguay's strategic focus on digital innovation and SME digitalization, positioning it as a regional tech hub.
The expanding digital economy now accounts for 42% of Uruguay's GDP, driven by increased SaaS and low-code platform adoption. This growth facilitates improved business agility and cost efficiency, especially among small and medium enterprises. Continued investments in digital infrastructure and talent development are expected to sustain this upward trend, making Uruguay a promising market for SaaS and low-code platform providers in Latin America.