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Report Overview

The Brazil data storage market is projected to grow at a CAGR of 28.40% between 2025 and 2034, aided by the growing use of AI and technological advancements in edge computing.

2024

Base Year

2018-2024

Historical Year

2025-2034

Forecast Year

  • Electrical equipment accounted for 11.78% of overall Brazilian imports in 2023, amounting to $29.76 billion.

  • Nearly 63% of all Brazilian businesses are utilising AI technology, which is bolstering the market development.

  • To identify upcoming market trends and study consumer behaviour, 7/10 Brazilian companies are using AI tools, leading to the market expansion.

Brazil Data Storage Market Report Summary Description Value
Base Year USD Million 2024
Historical Period USD Million 2018-2024
Forecast Period USD Million 2025-2034
Market Size 2024 USD Million XX
Market Size 2034 USD Million XX
CAGR 2018-2024 Percentage XX%
CAGR 2025-2034 Percentage 28.40%
CAGR 2025-2034 - Market by Region Minas Gerais 32.4%
CAGR 2025-2034 - Market by Region Bahia 29.3%
CAGR 2025-2034 - Market by Storage Type Enterprise Storage 31.2%
CAGR 2025-2034 - Market by Application IT and Telecommunication 32.4%
Market Share by Region Rio de Janeiro 12.5%

Brazil Data Storage Market Growth

According to the Brazilian Network Research Centre, the adoption of cloud-based email surged to 39% in 2019, with nearly 63% of large-size and 54% of all medium-sized firms using off-premises emails. Over 45% of all business executives in Brazil expect investments in cloud computing and artificial intelligence to expedite the usage of cloud-based storage for enterprises. With the increase in cloud processing capacity by 7% in 2019, the use of cloud-based enterprise software rose to 27% in 2019. Cloud-based storage also surged by nearly 13% in 2019, highlighting the significant demand for data storage solutions in the market.

Technological advancements in the design of optical discs are expected to drive the sales of petabit discs, which can store nearly 1.6 million gigabits of data. These discs can be used extensively in data centres for creating accessible archives of data. These discs require complex and expensive femtosecond layers for the activation and deactivation of recording layers, which boosts their performance.

Brazil accounts for nearly 40% of all data centre investments in Latin America. This is expected to drive the demand for block storage architecture, that provides enhanced flexibility of data storage without compromising on the delivery of performance.

Brazil Data Storage Industry Segmentation

Brazil Data Storage Market Report and Forecast 2025-2034 offers a detailed analysis of the market based on the following segments:

Market Breakup by Storage Type

  • Enterprise Storage
    • Flash Storage
    • Cloud Based Storage
    • Hard Disk Drive (HDD)
    • Software Defined Storage
    • Hyper-Converged Infrastructure
    • Others 
  • Consumer Storage
    • Optical Disk
    • Memory Card
    • USB Flash Drives
    • Solid State Devices
    • Hard Disk Drive (HDD)
    • Others

Market Breakup by Storage System

  • Network Attached Storage
  • Direct Attached Storage
  • Storage Area Network

Market Breakup by Storage Architecture

  • File and Object-Based Storage
  • Block Storage

Market Breakup by Application

  • IT and Telecommunication
  • BFSI
  • Education
  • Media and Entertainment
  • Government
  • Others

Market Breakup by Region

  • São Paulo
  • Minas Gerais
  • Rio de Janeiro
  • Bahia
  • Rio Grande do Sul

CAGR 2025-2034 - Market by Storage Type
Enterprise Storage 31.2%
Consumer Storage XX%
CAGR 2025-2034 - Market by Application
IT and Telecommunication 32.4%
Media and Entertainment 27.0%
Government 25.6%
BFSI XX%
Education XX%
Others XX%
CAGR 2025-2034 - Market by Region
Minas Gerais 32.4%
Bahia 29.3%
São Paulo 25.6%
Rio de Janeiro XX%
Rio Grande do Sul XX%
Others XX%

Brazil Data Storage Market Share

Based on region, the market is segmented into São Paulo, Minas Gerais, Rio de Janeiro, Bahia, and Rio Grande do Sul. Over the forecast period of 2025-2034, Minas Gerais is expected to grow at a CAGR of 32.4% due to the substantial growth in the volume of data generation.

Market Share by Region
Rio de Janeiro 12.5%
São Paulo XX%
Minas Gerais XX%
Bahia XX%
Rio Grande do Sul XX%
Others XX%

Leading Companies in the Brazil Data Storage Market

Key players are offering file and object-based storage due to their high degree of accessibility, reliability, and cost-effectiveness.

  • Hewlett Packard Enterprise Development LP
  • Dell Inc.
  • International Business Machines Corporation
  • Pure Storage, Inc.
  • Dropbox, Inc.
  • Seagate Technology Holdings PLC
  • Lenovo Group Ltd.
  • Google LLC
  • Amazon Web Services, Inc.
  • Hitachi, Ltd.
  • Others

*While we strive to always give you current and accurate information, the numbers depicted on the website are indicative and may differ from the actual numbers in the main report. At Expert Market Research, we aim to bring you the latest insights and trends in the market. Using our analyses and forecasts, stakeholders can understand the market dynamics, navigate challenges, and capitalize on opportunities to make data-driven strategic decisions.*

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Key Questions Answered in the Report

The market is projected to grow at a CAGR of 28.40% between 2025 and 2034.

The different storage systems in the market include network attached storage, direct attached storage, and storage area network.

The different types of storage architecture in the market are file and object-based storage and block storage.

The different regions covered in the market report are São Paulo, Minas Gerais, Rio de Janeiro, Bahia, and Rio Grande do Sul.

The different applications of data storage include IT and telecommunication, BFSI, education, media and entertainment, and government, among others.

The key market players are Hewlett Packard Enterprise Development LP, Dell Inc., International Business Machines Corporation, Pure Storage, Inc., Dropbox, Inc., Seagate Technology Holdings PLC, Lenovo Group Ltd., Google LLC, Amazon Web Services, Inc., and Hitachi, Ltd., among others.

Report Summary

Explore our key highlights of the report and gain a concise overview of key findings, trends, and actionable insights that will empower your strategic decisions.

Key Highlights of the Report

Please note that the figures mentioned in the description serve as estimates and may vary from the actual figures presented in the final report.

REPORT FEATURES DETAILS
Base Year 2024
Historical Period 2018-2024
Forecast Period 2025-2034
Scope of the Report

Historical and Forecast Trends, Industry Drivers and Constraints, Historical and Forecast Market Analysis by Segment:

  • Storage Type
  • Storage System
  • Storage Architecture
  • Application
  • Region
Breakup by Storage Type
  • Enterprise Storage
  • Consumer Storage
Breakup by Storage System
  • Network Attached Storage
  • Direct Attached Storage
  • Storage Area Network
Breakup by Storage Architecture
  • File and Object-Based Storage
  • Block Storage
Breakup by Application
  • IT and Telecommunication
  • BFSI
  • Education
  • Media and Entertainment
  • Government
  • Others
Breakup by Region
  • São Paulo
  • Minas Gerais
  • Rio de Janeiro
  • Bahia
  • Rio Grande do Sul
Market Dynamics
  • SWOT Analysis
  • Porter's Five Forces Analysis
  • Key Indicators for Demand
  • Key Indicators for Price
Competitive Landscape
  • Market Structure
  • Company Profiles
    • Company Overview
    • Product Portfolio
    • Demographic Reach and Achievements
    • Certifications
Companies Covered
  • Hewlett Packard Enterprise Development LP
  • Dell Inc.
  • International Business Machines Corporation
  • Pure Storage, Inc.
  • Dropbox, Inc.
  • Seagate Technology Holdings PLC
  • Lenovo Group Ltd.
  • Google LLC
  • Amazon Web Services, Inc.
  • Hitachi, Ltd.
  • Others

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