How big is the Brazil Telecom Market?

The Brazil Telecom Market size is expected to reach USD 32.13 billion in 2024 and grow at a CAGR of 6.17% to reach USD 43.34 billion by 2029. Read More

What is the current Brazil Telecom Market size?

In 2024, the Brazil Telecom Market size is expected to reach USD 32.13 billion. Read More

Who are the key players in Brazil Telecom Market?

AT&T, Verizon, Telefonica, TIM Brasil and Comcast are the major companies operating in the Brazil Telecom Market. Read More

What years does this Brazil Telecom Market cover, and what was the market size in 2023?

In 2023, the Brazil Telecom Market size was estimated at USD 30.26 billion. The report covers the Brazil Telecom Market historical market size for years: 2019, 2020, 2021, 2022 and 2023. The report also forecasts the Brazil Telecom Market size for years: 2024, 2025, 2026, 2027, 2028 and 2029. Read More

What are the key drivers of growth in the Brazil Telecom Sector?

Key factors driving the Telecom Sector Market in Brazil are a) Increased mobile penetration b) Demand for high-speed internet services d) Government initiatives to enhance connectivity Read More

Brazil Telecom Market Share

Statistics for the 2023 & 2024 Brazil Telecom market share, created by Mordor Intelligence™ Industry Reports. Brazil Telecom share report includes a market forecast to 2029 and historical overview. Get a sample of this industry share analysis as a free report PDF download.

Market Share of Brazil Telecom Industry

The Brazilian telecom market is moderately fragmented in nature owing to the ongoing partnerships and recent advancements in the market. Some major players in the market studied include AT&T, Verizon, Telefonica, TIM Brasil, and Comcast.

March 2022: TIM Brasil and Huawei signed an MoU to develop a 5G City in Brazil. This project aims to develop a smart city through 5G networks, with the first test completed by December 2023.
October 2022: Claro announced its plan to extend 4G and 5G-ready mobile services. SES signed a multi-year capacity renewal with Claro through Embratel to support connectivity in at least eight cities across Brazil with the O3b mPOWER network.