Brazil Spatial Computing Market Size & Outlook, 2023-2030
Brazil spatial computing market, 2018-2030 (US$M)
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Brazil spatial computing market highlights
- The Brazil spatial computing market generated a revenue of USD 2,453.8 million in 2023 and is expected to reach USD 9,685.8 million by 2030.
- The Brazil market is expected to grow at a CAGR of 21.7% from 2024 to 2030.
- In terms of segment, hardware was the largest revenue generating component in 2023.
- Services is the most lucrative component segment registering the fastest growth during the forecast period.
Spatial computing market data book summary
| Market revenue in 2023 | USD 2,453.8 million |
| Market revenue in 2030 | USD 9,685.8 million |
| Growth rate | 21.7% (CAGR from 2023 to 2030) |
| Largest segment | Hardware |
| Fastest growing segment | Services |
| Historical data | 2018 - 2022 |
| Base year | 2023 |
| Forecast period | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Hardware, Software, Services |
| Key market players worldwide | Apple Inc, Alphabet Inc Class A, Lenovo Group Ltd, HTC Corp DR, Microsoft Corp, NVIDIA Corp, PTC, Qualcomm Inc, Oculus VisionTech Inc, Seiko Epson Corp, Sony Group Corp ADR, Unity Software Inc Ordinary Shares, Vuzix Corp, Avegant, Blippar, DAQRI, Magic Leap, 3D Cloud, Zappar |
Other key industry trends
- In terms of revenue, Brazil accounted for 1.9% of the global spatial computing market in 2023.
- Country-wise, U.S. is expected to lead the global market in terms of revenue in 2030.
- In Latin America, Brazil spatial computing 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 6,327.8 million by 2030.
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Spatial Computing Market Scope
Spatial Computing Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|
Brazil spatial computing 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 spatial computing market will help companies and investors design strategic landscapes.
Hardware was the largest segment with a revenue share of 66.49% in 2023. Horizon Databook has segmented the Brazil spatial computing market based on hardware, software, services covering the revenue growth of each sub-segment from 2018 to 2030.
Brazil accounted for a significant growth can be attributed to the increased adoption of high-end technologies across various industries, such as healthcare, manufacturing, education, retail, etc., as a part of digital transformation initiatives.
For instance, in February 2023, FTD Educacao, an educational solutions provider in Brazil, launched the FTD Metaverse platform with an aim is to provide interactive experiences in the country’s educational sector.
It uses a digital avatar to help users navigate through an interactive digital map and learn about some of the company’s areas of activity. Such initiatives will open ample growth opportunities for the market over the foreseeable future.
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Our clientele includes a mix of spatial computing market companies, investment firms, advisory firms & academic institutions.
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Horizon Databook provides a detailed overview of country-level data and insights on the Brazil spatial computing market , including forecasts for subscribers. This country databook contains high-level insights into Brazil spatial computing market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Brazil spatial computing market size, by component, 2018-2030 (US$M)
Brazil Spatial Computing Market Outlook Share, 2023 & 2030 (US$M)
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