Brazil Internet of Things (IoT) Market Size, Forecast 2025

Brazil Internet of Things (IoT) Market Size, Share, Trends and Forecast by Component, Application, Vertical, and Region, 2025-2033

Report Format: PDF+Excel | Report ID: SR112025A28864

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Brazil Internet of Things (IoT) Market Overview:

The Brazil Internet of Things (IoT) market size reached USD 18.41 Billion in 2024. Looking forward, IMARC Group expects the market to reach USD 99.34 Billion by 2033, exhibiting a growth rate (CAGR) of 17.80% during 2025-2033. The Brazil Internet of Things (IoT) market share is expanding, driven by the growing need for smart solutions in industries like agriculture, manufacturing, and urban infrastructure, along with the increasing number of government initiatives and investments in digital transformation, which is encouraging IoT adoption to enhance connectivity and operational efficiency across various sectors.

Report Attribute	Key Statistics
Base Year	2024
Forecast Years	2025-2033
Historical Years	2019-2024
Market Size in 2024	USD 18.41 Billion
Market Forecast in 2033	USD 99.34 Billion
Market Growth Rate (2025-2033)	17.80%

Brazil Internet of Things (IoT) Market Trends:

Growing Deployment of 5G Networks

The increasing deployment of 5G networks is impelling the Brazil Internet of Things (IoT) market growth. This aids in providing faster and more reliable connectivity with low latency. This also allows faster and more consistent connectivity with low latency. The next-generation network can facilitate real-time communication between IoT devices, thus supporting applications that rely on broadband data transfer, including self-driving vehicles, smart cities, and industrial automation. Through 5G, IoT systems support high bandwidth capabilities, enabling the efficient handling of massive datasets and improving operational performance in healthcare, agriculture, and transport. With the advent of larger bandwidths, more connected devices can be integrated seamlessly, enabling mass IoT proliferation. As 5G rolls out across Brazil, endless innovations and growth opportunities for IoT applications and services are emerging. For example, in August 2024, Nokia and TIM announced a partnership, aiming to expand 5G Coverage in Brazil by 2025, among other things. In this case, Nokia planned to upgrade TIM's current network with 5G equipment from its AirScale portfolio to give more Brazilians safe and fast connectivity. This agreement was designed to tap into Nokia's intelligent MantaRay Networks Management system and offer a variety of different services like digital deployment and technical support.

Rising Smart City Development

Smart cities in Brazil are utilizing new technology to improve urban management, which is offering a favorable Brazil Internet of Things (IoT) market outlook. IoT sensors and devices are utilized for managing traffic and enhancing traffic flow via real-time surveillance and smart traffic lights. Regarding energy efficiency, smart grids and lighting systems lower electricity consumption by adapting to usage trends. Connected surveillance systems, emergency response tools, and predictive analytics enhance public safety by enabling authorities to respond swiftly to potential threats. These applications help develop sustainable, effective, and safer urban areas, backing Brazil's expanding smart city projects. For example, in June 2024, the FIWARE Foundation collaborated with CIGA to promote smart city advancements in Brazil. Their aim was to utilize open standards and technology to promote sustainable development. This collaboration linked CIGA and the cities it represented to the worldwide network of FIWARE Innovation Hub, encouraging knowledge exchange and cooperation. Due to this partnership, FIWARE was deployed in more than 350 cities globally, and there were intentions to create new iHubs in Brazil.

Brazil Internet of Things (IoT) Market Segmentation:

IMARC Group provides an analysis of the key trends in each segment of the market, along with forecasts at the region level for 2025-2033. Our report has categorized the market based on component, application, and vertical.

Component Insights:

Hardware
Software
Services
Connectivity

The report has provided a detailed breakup and analysis of the market based on the components. This includes hardware, software, services, and connectivity.

Application Insights:

Smart Home
Smart Wearables
Smart Cities
Smart Grid
IoT Industrial Internet
IoT Connected Healthcare
Others

A detailed breakup and analysis of the market based on the applications have also been provided in the report. This includes smart home, smart wearables, smart cities, smart grid, IoT industrial internet, IoT connected healthcare, and others.

Vertical Insights:

Healthcare
Energy
Public and Services
Transportation
Retail
Individuals
Others

The report has provided a detailed breakup and analysis of the market based on the verticals. This includes healthcare, energy, public and services, transportation, retail, individuals, and others.

Regional Insights:

Southeast
South
Northeast
North
Central-West

The report has also provided a comprehensive analysis of all the major regional markets, which include Southeast, South, Northeast, North, and Central-West.

Competitive Landscape:

The market research report has also provided a comprehensive analysis of the competitive landscape. Competitive analysis such as market structure, key player positioning, top winning strategies, competitive dashboard, and company evaluation quadrant has been covered in the report. Also, detailed profiles of all major companies have been provided.

Brazil Internet of Things (IoT) Market News:

In June 2024, 1NCE and Claro announced a partnership to offer IoT services in Brazil. They aimed to provide software tools and global connectivity to Brazilian customers at a competitive rate. This agreement intended to simplify IoT deployment for companies of all sizes, with active SIM cards and chips delivered for immediate use. It also offered support for multiple radio standards and multilingual user services, seeking to facilitate seamless IoT adoption in Brazil.
In August 2024, Eseye teamed up with NLT Telecom to improve IoT connectivity in Brazil. Eseye will use NLT's telecom infrastructure, including the NLT/Vivo cellular network, to expand its operations in Brazil. This partnership will provide customers with better connectivity and performance, as well as cost savings and improved security. NLT Telecom, as the main Brazilian operator exclusively for the IoT market, aims to offer hyperconnectivity based on a multi-technology network throughout the national territory.

Brazil Internet of Things (IoT) Market Report Coverage:

Report Features	Details
Base Year of the Analysis	2024
Historical Period	2019-2024
Forecast Period	2025-2033
Units	Billion USD
Scope of the Report	Exploration of Historical Trends and Market Outlook, Industry Catalysts and Challenges, Segment-Wise Historical and Future Market Assessment: Component Application Vertical Region
Components Covered	Hardware, Software, Services, Connectivity
Applications Covered	Smart Home, Smart Wearables, Smart Cities, Smart Grid, IoT Industrial Internet, IoT Connected Healthcare, Others
Verticals Covered	Healthcare, Energy, Public and Services, Transportation, Retail, Individuals, Others
Regions Covered	Southeast, South, Northeast, North, Central-West
Customization Scope	10% Free Customization
Post-Sale Analyst Support	10-12 Weeks
Delivery Format	PDF and Excel through Email (We can also provide the editable version of the report in PPT/Word format on special request)

Key Questions Answered in This Report:

How has the Brazil Internet of Things (IoT) market performed so far and how will it perform in the coming years?
What is the breakup of the Brazil Internet of Things (IoT) market on the basis of component?
What is the breakup of the Brazil Internet of Things (IoT) market on the basis of application?
What is the breakup of the Brazil Internet of Things (IoT) market on the basis of vertical?
What are the various stages in the value chain of the Brazil Internet of Things (IoT) market?
What are the key driving factors and challenges in the Brazil Internet of Things (IoT) market?
What is the structure of the Brazil Internet of Things (IoT) market and who are the key players?
What is the degree of competition in the Brazil Internet of Things (IoT) market?

Key Benefits for Stakeholders:

IMARC’s industry report offers a comprehensive quantitative analysis of various market segments, historical and current market trends, market forecasts, and dynamics of the Brazil Internet of Things (IoT) market from 2019-2033.
The research report provides the latest information on the market drivers, challenges, and opportunities in the Brazil Internet of Things (IoT) market.
Porter's five forces analysis assist stakeholders in assessing the impact of new entrants, competitive rivalry, supplier power, buyer power, and the threat of substitution. It helps stakeholders to analyze the level of competition within the Brazil Internet of Things (IoT) industry and its attractiveness.
Competitive landscape allows stakeholders to understand their competitive environment and provides an insight into the current positions of key players in the market.

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