IT Outsourcing in Brazil

IT outsourcing in Brazil has become a major driver of the country’s growing digital economy. With a well-established IT sector, a skilled workforce, and competitive operational costs, Brazil is becoming one of the top outsourcing destinations for companies. The country’s strategic location, cultural compatibility with Western markets, and increasing investment in technology infrastructure make it an attractive option for businesses seeking high-quality outsourcing solutions. As Brazil continues to expand its digital capabilities, it is solidifying its position as a leading IT outsourcing hub in Latin America.

Brazil as an Economy

Brazil is the largest economy in South America and ranks ninth in the world by nominal GDP. This vibrant country plays a crucial role in a variety of industries, including agriculture, mining, manufacturing, and services. It stands out as a leader in producing minerals such as iron ore, gold, and bauxite, and it shines in industrial sectors like steel, automobiles, and electronics.²

As more people move to urban areas, Brazil’s service sector has grown tremendously, transforming cities like São Paulo into bustling global business hubs. The country’s dynamic and diverse economy continues to attract interest and investment from around the world.¹ This economic expansion has propelled the country’s Information and Communication Technology (ICT) sector, making IT outsourcing in Brazil an increasingly attractive option for international businesses.

	Gross Domestic Product
Annual GDP		USD 2.17 Trillion (2023)
GDP Per Capita		USD 10,295 (2023)
Income Category		Upper-middle Income (2025)
	People
Population		212.6 Million (2025)
Literacy Rate		95% (2022)
EF English Proficiency Index		Low Proficiency (2024)
	IT Sector
IT Services Market Size		USD 23.7 Billion (2025)
IT Outsourcing Market Size		USD 7.2 Billion (2025)
Registered Software Companies		9,000+ (2023)
	Business Environment
Ease of Doing Business		Rank: 124 | Score: 59.1 (2020)
Political Stability Indicator		Percentile Rank: 28.4 (2023)
Corruption Perceptions Index		Score: 36/100 | Rank: 104/180 (2023)

The Brazilian IT and Software Industry

The software industry in Latin America developed slowly due to limited access to traditional software imports. However, recent investments from the U.S. and Europe, along with a growing pool of skilled IT professionals, have helped the region become a rising tech hotspot for software development. By 2021, the Latin American software industry generated over $22 billion, with around 600 independent software vendors (ISVs).

Brazil leads the Latin American IT market, especially in software, generating $11 billion in revenue in 2021. The most profitable areas were enterprise software, customer relationship management (CRM), and enterprise resource planning (ERP). However, the industry is unevenly distributed, with over 60% of the market concentrated in the southeast region. The country saw rapid growth in IT services and software companies, with around 7,600 focused on development and 9,300 on distribution and marketing in 2021. The sector employed 133,000 people, mainly in São Paulo, with an average wage of $863 per month. To meet growing demand, an estimated 150,000 new IT jobs will be needed by 2025, reinforcing the role of IT outsourcing in Brazil.³

Brazil has become a top destination for IT outsourcing due to its strong software development industry, skilled workforce, and technological advancements. The country offers numerous tech hubs, coworking spaces, accelerators, and educational programs, making it attractive to global companies. Brazil’s top universities produce many IT graduates each year, and English proficiency is improving. Its convenient time zone for U.S. businesses and cost-effective solutions make IT outsourcing in Brazil an appealing choice for companies looking to scale their operations.

Top IT and Software Companies in Brazil

We have analyzed publicly available information on software companies in Brazil and sorted a list of the top firms based on employee count in Brazil. Among the listed companies, several provide Business Process Outsourcing (BPO) services in addition to software development. However, when tallying employees of those companies, we primarily considered those involved in IT and engineering roles. While our emphasis was on employee quantity, it’s worth recognizing that certain companies, although esteemed for their quality in the market, may not appear on or rank highly in the list due to their smaller employee size.

Brazilian Association of Software Companies (ABES)

The Brazilian Association of Software Companies (ABES) promotes a more digitally advanced and inclusive Brazil. Believing that information technology is key to expanding knowledge and creating new opportunities, ABES works to build a fair and accessible tech landscape. Since its founding in 1986, it has supported its members while establishing itself as a national and global authority in the technology sector.

ABES plays a vital role in Brazil’s digital growth, driving entrepreneurship, innovation, and policy development to strengthen the industry. It represents around 2,000 companies, making up 85% of Brazil’s software and IT services revenue. The association contributes to the economy by creating over 232,000 jobs and generating $20 billion in annual revenue (2022). Beyond traditional software companies, ABES now includes startups, digital platforms, incubators, accelerators, and investment funds, fostering innovation and tech development across various industries like EduTech, HealthTech, LawTech, FinTech, and AgroTech.

Reputed Institutions in Brazil, Renowned for Top IT Graduates

As of 2024, Brazil has 211 universities. These include both public and private universities, with over 2,600 higher education institutions recognized by the Ministry of Education (MEC). The higher education system in Brazil is expansive and distributed, encompassing 41,953 undergraduate courses available throughout the country. In 2022, Brazil had over 9.4 million enrollments in higher education. We reviewed the top universities and higher education institutions in Brazil to identify those producing the most IT graduates and software engineers. After a thorough analysis, we’ve selected the top 10 based on the number of alumni in IT and engineering roles. We have collected the related information and data from the institutions’ websites and LinkedIn pages.

With its growing IT market, skilled workforce, and cost-effective outsourcing solutions, Brazil is an ideal destination for IT outsourcing. Companies looking to expand their software development capabilities can benefit from Brazil’s strong tech ecosystem and innovation-driven market.

If you’re looking to outsource in Brazil and tap into its thriving IT sector, let us help you connect with the best companies through Enosis Outsourcing. Contact us today to learn more and explore the opportunities Brazil has to offer!

References

[1] Brazil country profile ↩

[2] The economy of Brazil ↩

[3] Software industry in Brazil-statistics & facts ↩