Market Insights Technology Cybersecurity Security Services

Managed Services - Brazil

Brazil

The Managed Services market in Brazil is expected to see a substantial growth in revenue, with projected figures reaching €0.43bn in 2025.
This growth is further expected to continue, with an annual growth rate of 3.32% (CAGR 2025-2029), resulting in a market volume of €0.49bn by 2029.
In terms of average Spend per Employee, the Managed Services market in Brazil is projected to reach €3.87 in 2025.
This indicates the significant investment companies are willing to make in managed services to enhance their operational efficiency and productivity.
In a global comparison, it is worth noting that United States is expected to generate the highest revenue in the Managed Services market, with estimated figures of €9,661.0m in 2025.
However, it's important to highlight the potential growth opportunities in Brazil's market, which can provide a competitive landscape for companies in the industry.
In Brazil, the demand for managed services is rapidly growing, as businesses seek to outsource their IT infrastructure management to specialized service providers.

Key regions: India, Germany, Canada, Europe, Belgium

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Comparación de regiones

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Methodology

Data coverage:

Data encompasses B2C, B2B and B2G enterprises. Figures are based on security spending excluding VAT and the number of cyberattacks.

Modeling approach / Market size:

Market sizes are determined by a combined top-down and bottom-up approach, based on a specific rationale for each market segment. As a basis for evaluating markets, we use annual financial statements of the market-leading companies and industry associations, national statistical offices, and specific countries’ security organizations (e.g., German Cyber Security Council, Canadian Centre for Cyber Security). Furthermore, we use relevant key market indicators and data from country-specific associations, such as GDP and internet penetration. This data helps us to estimate the market size for each country individually.

Forecasts:

In our forecasts, we apply diverse forecasting techniques. The selection of forecasting techniques is based on the behavior of the particular market. Possible techniques are, for example, exponential trend smoothing and the autoregressive integrated moving average (ARIMA) forecasting algorithm. The main drivers are GDP, internet users, level of digitization, and consumer attitude towards data and IT security.

Additional notes:

Data is modeled using current exchange rates. The market is updated twice per year in case market dynamics change. The impact of the COVID-19 pandemic is considered at a country-specific level.