Brazil Software and IT Sector Report 2021-2022

Brazil was the tenth largest IT market in the world in 2019, with sales of hardware, software and IT services totalling USD 43.2bn and accounting for 1.8% of the global market. In the Latin American region, it was by far the largest market, representing 40.7% of the region’s total IT sales, with Mexico coming far behind with 20.5% of the region’s market. As Brazil continued to recover from the challenging recession of 2015-2016, the IT market expanded 10.5% y/y in 2019 in real terms, according to the Brazilian Association of Software Companies (ABES). In 2020, with the COVID-19 pandemic prompting wide adoption of remote working and distance learning, hardware sales value shot up by 30.9% y/y as households, businesses and government entities acquired or upgraded IT equipment to ensure process continuation while offices and schools were closed. ​

This report provides a complete and detailed analysis of the software and IT sector for Brazil. EMIS Insights presents in-depth business intelligence in a standard format across countries and regions, providing a balanced mix between analysis and data.

 What this report allows you to do:

• Understand the key elements at play in the software and IT sector in Brazil
• Access forecasts for growth in the sector
• View key data on demand and services availability for the sector in Brazil
• Crystallise the forces both driving and restraining this sector in Brazil
• Build a complete perspective on sector trade, investment and employment
• Understand the competitive landscape and who the major players are
• View M&A activity and major deals
• Gain an understanding of the regulatory environment for the sector in Brazil
• Build a clear picture of trends and issues for sub-sectors (e.g. software, IT services, IoT).

See below for a complete table of report contents: