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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.
Base Year
Historical Year
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% |
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 Market Report and Forecast 2025-2034 offers a detailed analysis of the market based on the following segments:
Market Breakup by Storage Type
Market Breakup by Storage System
Market Breakup by Storage Architecture
Market Breakup by Application
Market Breakup by Region
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% |
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% |
Key players are offering file and object-based storage due to their high degree of accessibility, reliability, and cost-effectiveness.
*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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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.
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.
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:
|
Breakup by Storage Type |
|
Breakup by Storage System |
|
Breakup by Storage Architecture |
|
Breakup by Application |
|
Breakup by Region |
|
Market Dynamics |
|
Competitive Landscape |
|
Companies Covered |
|
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Australia
63 Fiona Drive, Tamworth, NSW
+61-448-061-727
India
C130 Sector 2 Noida, Uttar Pradesh 201301
+91-723-689-1189
Philippines
40th Floor, PBCom Tower, 6795 Ayala Avenue Cor V.A Rufino St. Makati City, 1226.
+63-287-899-028, +63-967-048-3306
United Kingdom
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+44-753-713-2163
Vietnam
193/26/4 St.no.6, Ward Binh Hung Hoa, Binh Tan District, Ho Chi Minh City
+84-865-399-124
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