Brazil - ICT - Informations and Communications Technologies
Date of Publication
1-1-2023 12:00 AM
Security Theme
Cybersecurity
Keywords
Internet of things, Personal Data Protection Authority, Cybersecurity
Description
The Brazilian Information Technologies (IT) market grew 9.8 percent in 2018, reaching $47 billion. It surpassed previous forecasts of 4.1 percent growth for the period and will continue to grow in 2019 according to a study prepared by IDC in partnership with the Brazilian Software Association (ABES). Additionally, the device market is expected to represent 38 percent of all IT investments in Brazil (about $24.5 billion), due to sales of higher value devices. The growth expectation for IT investments in Brazil for 2019 is 10.5 percent, still driven by the sale of devices, while the global average growth is estimated at 4.9 percent.
Brazil - ICT - Informations and Communications Technologies
The Brazilian Information Technologies (IT) market grew 9.8 percent in 2018, reaching $47 billion. It surpassed previous forecasts of 4.1 percent growth for the period and will continue to grow in 2019 according to a study prepared by IDC in partnership with the Brazilian Software Association (ABES). Additionally, the device market is expected to represent 38 percent of all IT investments in Brazil (about $24.5 billion), due to sales of higher value devices. The growth expectation for IT investments in Brazil for 2019 is 10.5 percent, still driven by the sale of devices, while the global average growth is estimated at 4.9 percent.
