Brazilian tech companies created most of their value within their borders. In 2020, startups with a local geographic strategy accounted for nearly three quarters of the market value of technology-based startups born in Brazil. Meanwhile, only six percent of the market value of these companies were generated by businesss focusing on a global market.
Distribution of the market value of startups in the tech industry born in Brazil as of 2020, by geographic strategy
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Inter-American Development Bank. (March 25, 2021). Distribution of the market value of startups in the tech industry born in Brazil as of 2020, by geographic strategy [Graph]. In Statista. Retrieved May 21, 2024, from https://www.statista.com/statistics/1227476/brazil-market-value-startups-tech-industry-geographic-strategy/
Inter-American Development Bank. "Distribution of the market value of startups in the tech industry born in Brazil as of 2020, by geographic strategy ." Chart. March 25, 2021. Statista. Accessed May 21, 2024. https://www.statista.com/statistics/1227476/brazil-market-value-startups-tech-industry-geographic-strategy/
Inter-American Development Bank. (2021). Distribution of the market value of startups in the tech industry born in Brazil as of 2020, by geographic strategy . Statista. Statista Inc.. Accessed: May 21, 2024. https://www.statista.com/statistics/1227476/brazil-market-value-startups-tech-industry-geographic-strategy/
Inter-American Development Bank. "Distribution of The Market Value of Startups in The Tech Industry Born in Brazil as of 2020, by Geographic Strategy ." Statista, Statista Inc., 25 Mar 2021, https://www.statista.com/statistics/1227476/brazil-market-value-startups-tech-industry-geographic-strategy/
Inter-American Development Bank, Distribution of the market value of startups in the tech industry born in Brazil as of 2020, by geographic strategy Statista, https://www.statista.com/statistics/1227476/brazil-market-value-startups-tech-industry-geographic-strategy/ (last visited May 21, 2024)
Distribution of the market value of startups in the tech industry born in Brazil as of 2020, by geographic strategy [Graph], Inter-American Development Bank, March 25, 2021. [Online]. Available: https://www.statista.com/statistics/1227476/brazil-market-value-startups-tech-industry-geographic-strategy/