In 2023, Brazil's ICT Gross Value Added stood at approximately 56.05 billion euros. For the forecasted period from 2024 to 2028, the sector shows a steady growth pattern with a compound annual growth rate (CAGR) of about 3.3%. Annually, the value is expected to increase incrementally by 3.54% in 2024, 3.54% in 2025, 3.42% in 2026, 3.25% in 2027, and 3.12% in 2028. This consistent upward trend indicates a robust trajectory for Brazil's ICT sector.

Future trends to watch for:

Potential impact of new technology adoption such as AI and 5G on the ICT sector growth.
Government policies that could influence the business environment and investment in ICT.
Economic factors including currency fluctuations and inflation affecting the overall economic stability.