In 2021, the value of the information and communications technology (ICT) market in Brazil amounted to around 115.4 billion U.S. dollars, up from 97.5 billion dollars in the previous year. This represents an annual increase of 18.3 percent. Meanwhile, the growth in IT spending in Brazil was projected to decrease in 2021.
Value of the information and communications technology (ICT) market in Brazil in 2020 and 2021
(in billion U.S. dollars)
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Market value in billion U.S. dollars
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*The Statista estimate is based on values in 2021 and the compound annual growth rate from 2020 to 2021 of 18.3%, which were provided by the source. An exponential development of the market was assumed.
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Statista. (April 5, 2022). Value of the information and communications technology (ICT) market in Brazil in 2020 and 2021 (in billion U.S. dollars) [Graph]. In Statista. Retrieved July 22, 2024, from https://www.statista.com/statistics/1240815/value-ict-market-brazil/
Statista. "Value of the information and communications technology (ICT) market in Brazil in 2020 and 2021 (in billion U.S. dollars)." Chart. April 5, 2022. Statista. Accessed July 22, 2024. https://www.statista.com/statistics/1240815/value-ict-market-brazil/
Statista. (2022). Value of the information and communications technology (ICT) market in Brazil in 2020 and 2021 (in billion U.S. dollars). Statista. Statista Inc.. Accessed: July 22, 2024. https://www.statista.com/statistics/1240815/value-ict-market-brazil/
Statista. "Value of The Information and Communications Technology (Ict) Market in Brazil in 2020 and 2021 (in Billion U.S. Dollars)." Statista, Statista Inc., 5 Apr 2022, https://www.statista.com/statistics/1240815/value-ict-market-brazil/
Statista, Value of the information and communications technology (ICT) market in Brazil in 2020 and 2021 (in billion U.S. dollars) Statista, https://www.statista.com/statistics/1240815/value-ict-market-brazil/ (last visited July 22, 2024)
Value of the information and communications technology (ICT) market in Brazil in 2020 and 2021 (in billion U.S. dollars) [Graph], Statista, April 5, 2022. [Online]. Available: https://www.statista.com/statistics/1240815/value-ict-market-brazil/
