# Brazil software industry growth projections

> Live situation record from CLSTR: https://clstr.news/situations/brazil-software-industry-growth-projections
> Updated: 2026-08-17T14:23:15.000Z. Sources: 8. Developments: 2.

A study by Observatório Softex titled ‘TICs 2026’ indicates that Brazil's software industry has the potential to double its revenue by 2030. The report highlights that the global Information and Communication Technology (ICT) market is expected to reach US$ 4.66 trillion by 2026, with an annual growth rate of 9.25%.

Within this sector, the software industry is projected to reach US$ 1.43 trillion, a 14.7% expansion driven by generative artificial intelligence, cloud computing, and Software as a Service (SaaS) models. IT services remain the largest segment by volume, forecasted to reach US$ 1.86 trillion.

The study also notes a high level of global digital economy concentration. The United States accounts for 41% of the global ICT market, while China and the European Union each hold 11%. Rayanny Nunes, coordinator at Softex, noted that this concentration creates significant barriers for developing nations like Brazil to compete and innovate internationally.

## Claims

- The Brazilian biscuit market generated R$ 18 billion in the first half of 2026. (corroborated by 2 sources)
- Revenue increased by 3.5% in the first half of 2026 compared to the same period in 2025. (corroborated by 2 sources)
- Filled biscuits represent 24.4% of sales. (corroborated by 2 sources)
- Coated biscuits saw a 20% increase in revenue, totaling R$ 872 million. (single source)
- Packaged sizes of up to 150 grams accounted for 41.95% of sales in the first half of 2026. (single source)
- The sector is projected to grow by approximately 3% in 2026. (single source)

## Timeline

### 2026-08-17: Brazil software industry revenue could double by 2030

A Softex study suggests Brazil could double its software industry revenue by 2030, amid a global ICT market projected to reach US$ 4.66 trillion by 2026.

2 sources. https://clstr.news/cluster/brazil-software-industry-revenue-could-double-by-2030

### 2026-08-16: Brazil biscuit market reaches R$ 18 billion in first half of 2026

Brazil's biscuit market grew 3.5% to R$ 18 billion in H1 2026, driven by premium products and covered biscuits.

6 sources. https://clstr.news/cluster/brazil-biscuit-market-reaches-r-18-billion-in-first-half-of-2026

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Cite as: Brazil software industry growth projections. CLSTR, https://clstr.news/situations/brazil-software-industry-growth-projections