Friday, March 21, 2025

Brazilian ICT investments total US$ 90 billion in 2024

Brazilian investments in the Information and Communication Technology (ICT) market reached a total of US$ 90 billion in 2024, representing a 14% increase compared to the previous year, according to data from consultancy IDC for the Brazilian Association of Software Companies (ABES).

The study also estimated that the Brazilian ICT sector will grow by 7.2% this year, with a slight increase in the telecommunications sector, at 2.9%.

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