In 2023, there were over 9,000 companies operating in the software development and production sector in Brazil. However, the highest number of companies was registered in the IT services segment, at nearly 15,000 enterprises.
Software companies in Brazil
In 2023, most of the Brazilian software companies were either classified as micro or small, meaning they employed less than ten people or between ten and 99 people, respectively. The Latin American country counted around 133,000 employees working for software companies for an average monthly wage of roughly 836 U.S. dollars in 2021. Most staff members were based in São Paulo, and forecasts indicate that the industry is growing, and new talent is in demand.
TOTVS
The most famous Brazilian software company is TOTVS, holding 45.9 percent of the Brazilian enterprise resource planning market as of 2020. The company was founded in São Paulo in 1983 and later opened offices also in the United States, Portugal, and other Latin American countries. In 2021, TOTVS generated a net revenue of approximately 540 million U.S. dollars, with around 260 million U.S. dollars coming from its software services.
Number of companies in the software and IT services sector in Brazil from 2020 to 2023, by subsector
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Associação Brasileira das Empresas de Software. (July 31, 2024). Number of companies in the software and IT services sector in Brazil from 2020 to 2023, by subsector [Graph]. In Statista. Retrieved November 01, 2024, from https://www.statista.com/statistics/1288444/brazil-companies-in-the-software-and-it-services-sector/
Associação Brasileira das Empresas de Software. "Number of companies in the software and IT services sector in Brazil from 2020 to 2023, by subsector ." Chart. July 31, 2024. Statista. Accessed November 01, 2024. https://www.statista.com/statistics/1288444/brazil-companies-in-the-software-and-it-services-sector/
Associação Brasileira das Empresas de Software. (2024). Number of companies in the software and IT services sector in Brazil from 2020 to 2023, by subsector . Statista. Statista Inc.. Accessed: November 01, 2024. https://www.statista.com/statistics/1288444/brazil-companies-in-the-software-and-it-services-sector/
Associação Brasileira das Empresas de Software. "Number of Companies in The Software and It Services Sector in Brazil from 2020 to 2023, by Subsector ." Statista, Statista Inc., 31 Jul 2024, https://www.statista.com/statistics/1288444/brazil-companies-in-the-software-and-it-services-sector/
Associação Brasileira das Empresas de Software, Number of companies in the software and IT services sector in Brazil from 2020 to 2023, by subsector Statista, https://www.statista.com/statistics/1288444/brazil-companies-in-the-software-and-it-services-sector/ (last visited November 01, 2024)
Number of companies in the software and IT services sector in Brazil from 2020 to 2023, by subsector [Graph], Associação Brasileira das Empresas de Software, July 31, 2024. [Online]. Available: https://www.statista.com/statistics/1288444/brazil-companies-in-the-software-and-it-services-sector/
