Brazil Smart Cities Market Size & Outlook, 2024-2030

The smart cities market in Brazil is expected to reach a projected revenue of US$ 61.0 million by 2030. A compound annual growth rate of 25.3% is expected of Brazil smart cities market from 2025 to 2030.
Revenue, 2024 (US$M)
$17.2
Forecast, 2030 (US$M)
$61.0
CAGR, 2025 - 2030
25.3%
Report Coverage
Brazil

Brazil smart cities market highlights

  • The Brazil smart cities market generated a revenue of USD 17.2 million in 2024 and is expected to reach USD 61.0 million by 2030.
  • The Brazil market is expected to grow at a CAGR of 25.3% from 2025 to 2030.
  • In terms of segment, smart governance was the largest revenue generating application in 2024.
  • Smart Transportation is the most lucrative application segment registering the fastest growth during the forecast period.

Smart cities market data book summary

Market revenue in 2024USD 17.2 million
Market revenue in 2030USD 61.0 million
Growth rate25.3% (CAGR from 2025 to 2030)
Largest segmentSmart governance
Fastest growing segmentSmart Transportation
Historical data2018 - 2023
Base year2024
Forecast period2025 - 2030
Quantitative unitsRevenue in USD million
Market segmentationSmart Governance, Smart Building, Environmental Solution, Smart Utilities, Smart Transportation, Smart Healthcare, Smart Public Safety, Smart Security, Smart Education
Key market players worldwideABB Ltd, Schneider Electric SE, Cisco Systems Inc, Telefonaktiebolaget L M Ericsson ADR, Honeywell International Inc, International Business Machines Corp, Itron Inc, Kapsch Group, Huawei Technologies, Microsoft Corp, Oracle Corp, Ams-OSRAM AG, SAP SE, Siemens AG, Telensa, Verizon Communications Inc, Vodafone Group PLC

Other key industry trends

  • In terms of revenue, Brazil accounted for 2.0% of the global smart cities market in 2024.
  • Country-wise, China is expected to lead the global market in terms of revenue in 2030.
  • In Latin America, Brazil smart cities market is projected to lead the regional market in terms of revenue in 2030.
  • Mexico is the fastest growing regional market in Latin America and is projected to reach USD 41.7 million by 2030.

No credit card required*

Horizon in a snapshot

  • 30K+ Global Market Reports
  • 120K+ Country Reports
  • 1.2M+ Market Statistics
  • 200K+ Company Profiles
  • Industry insights and more

Smart Cities Market Companies

Name Profile # Employees HQ Website
Telensa View profile 101-250 Pampisford, Cambridgeshire, United Kingdom, Europe http://www.telensa.com/
Kapsch Group View profile 1001-5000 Vienna, Wien, Austria, Europe https://www.kapsch.net/
Itron Inc View profile 5859 2111 North Molter Road, Liberty Lake, WA, United States, 99019 https://www.itron.com
Vodafone Group PLC View profile 85225 Vodafone House, The Connection, Newbury, Berkshire, United Kingdom, RG14 2FN https://www.vodafone.com
Verizon Communications Inc View profile 105400 1095 Avenue of the Americas, New York, NY, United States, 10036 https://www.verizon.com
Huawei Technologies View profile 10001+ Shenzhen, Guangdong, China, Asia http://huawei.com
Telefonaktiebolaget L M Ericsson ADR View profile 99952 Torshamnsgatan 21, Kista, Stockholm, Sweden, SE-164 83 https://www.ericsson.com
Ams-OSRAM AG View profile 22461 Tobelbader Strasse 30, Premstaetten, Austria, 8141 https://www.ams-osram.com
Cisco Systems Inc View profile 84900 170 West Tasman Drive, San Jose, CA, United States, 95134-1706 https://www.cisco.com
SAP SE View profile 107602 Dietmar-Hopp-Allee 16, Walldorf, BW, Germany, 69190 https://www.sap.com
Honeywell International Inc View profile 95000 855 South Mint Street, Charlotte, NC, United States, 28202 https://www.honeywell.com
Siemens AG View profile 321000 Werner-von-Siemens-Strabe 1, Munich, BY, Germany, 80333 https://www.siemens.com
ABB Ltd View profile 108700 Affolternstrasse 44, Zurich, Switzerland, 8050 https://www.abb.com
Microsoft Corp View profile 221000 One Microsoft Way, Redmond, WA, United States, 98052-6399 https://www.microsoft.com
International Business Machines Corp View profile 282200 One New Orchard Road, Armonk, NY, United States, 10504 http://www.ibm.com
Schneider Electric SE View profile 162339 35, rue Joseph Monier - CS 30323, Rueil Malmaison, France, F-92506 https://www.se.com
Oracle Corp View profile 164000 2300 Oracle Way, Austin, TX, United States, 78741 https://www.oracle.com

Brazil smart cities market outlook

The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to smart cities market will help companies and investors design strategic landscapes.


Smart governance was the largest segment with a revenue share of 30.81% in 2024. Horizon Databook has segmented the Brazil smart cities market based on smart governance, smart building, environmental solution, smart utilities, smart transportation, smart healthcare, smart public safety, smart security, smart education covering the revenue growth of each sub-segment from 2018 to 2030.


The Brazilian government is making investments in communication technologies, such as W i-Fi, to promote the smart cities concept. The Wi-Fi technology is expected to offer access to free internet for citizens.

Further, the Brazilian government launched the Smart Microgrid project, which aimed at building smart systems for renewable energy generation, storage, and distribution are the primary factors driving the growth of the smart cities market in the country.

Reasons to subscribe to Brazil smart cities market databook:

  • Access to comprehensive data: Horizon Databook provides over 1 million market statistics and 20,000+ reports, offering extensive coverage across various industries and regions.
  • Informed decision making: Subscribers gain insights into market trends, customer preferences, and competitor strategies, empowering informed business decisions.
  • Cost-Effective solution: It's recognized as the world's most cost-effective market research database, offering high ROI through its vast repository of data and reports.
  • Customizable reports: Tailored reports and analytics allow companies to drill down into specific markets, demographics, or product segments, adapting to unique business needs.
  • Strategic advantage: By staying updated with the latest market intelligence, companies can stay ahead of competitors, anticipate industry shifts, and capitalize on emerging opportunities.

Target buyers of Brazil smart cities market databook

  • Our clientele includes a mix of smart cities market companies, investment firms, advisory firms & academic institutions.
  • 30% of our revenue is generated working with investment firms and helping them identify viable opportunity areas.
  • Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
  • The rest of the revenue is generated working with academic and research not-for-profit institutes. We do our bit of pro-bono by working with these institutions at subsidized rates.

Horizon Databook provides a detailed overview of country-level data and insights on the Brazil smart cities market , including forecasts for subscribers. This country databook contains high-level insights into Brazil smart cities market from 2018 to 2030, including revenue numbers, major trends, and company profiles.

Partial client list

  • logo

Brazil smart cities market size, by application, 2018-2030 (US$M)

Brazil Smart Cities Market Outlook Share, 2024 & 2030 (US$M)

Brazil smart cities market size, by application, 2018-2030 (US$M)

Sign up - it's easy, and free!

Sign up and get instant basic access to databook, upgrade
when ready, or enjoy our free plan indefinitely.

Explore all plans

Included in Horizon account

  • 30K+ Global Market Reports
  • 120K+ Country Reports
  • 1.2M+ Market Statistics
  • 200K+ Company Profiles
  • Industry insights and more
Chat with us
Research Assistance
Online