Brazil Information Technology Report Q3 2016 - New Study Released


New Computer Technology market report from Business Monitor International: "Brazil Information Technology Report Q3 2016"



[ClickPress, Wed Jun 22 2016] Risk remains elevated in Brazil with an ongoing corruption scandal and impeachment proceedings, while the economic environment is still a negative in 2016. We therefore expect another year of local currency IT spending contraction, and sharp decline in US dollar terms due to currency weakness, but performance will not be as bad as in 2015. Looking further ahead, we expect a gradual recovery from 2017 as sentiment improves and purchasing power recovers, which should unlock deferred spending from 2015 and 2016, but we caution that downside risks feature heavily in our outlook even over the medium term. Our core scenario is for IT spending is forecast to increase at a CAGR of 8.6% over 2016-2020.

Full Report Details at
- http://www.fastmr.com/prod/1188082_brazil_information_technology.aspx?afid=301

Latest Updates & Industry Developments

Computer Hardware Sales: BRL37.0bn in 2016 to BRL49.5bn in 2020. A sharp deterioration in Brazilian purchasing power resulted in a collapse in demand for IT hardware, which means there is pent-up demand that will boost growth rates once economic conditions improve.
Software Sales: BRL20.0bn in 2016 to BRL27.6bn in 2020. The extent of the crisis means software investments were deferred or scaled back, but SaaS is a bright spot, and potential cost savings will prove attractive.
IT Services Sales: BRL29.5bn in 2016 to BRL42.8bn in 2020. IT services forecast to continue outperforming over the medium term based on enterprise demand for cloud services and Internet of Things solutions.

The Brazil Information Technology Report features BMI Research's market assessment and independent forecasts covering personal computers and software; semi-conductors, memory chips, integrated circuits and general components; the internet and IT solutions. It analyses analyses regulatory changes (licensing, customs and intellectual property protection) and competitive landscapes comparing IT companies by products, sales, market share, investments, projects and expansion strategies.

BMI's Brazil Information Technology Report provides industry professionals and strategists, corporate analysts, IT associations, government departments and regulatory bodies with independent forecasts and competitive intelligence on the IT industry in Brazil.

Key Benefits
Benchmark BMI's independent IT Industry forecasts for Brazil to test other views - a key input for successful budgetary and strategic business planning in the Brazilian IT market.
Target business opportunities and risks in Brazil's IT sector through our reviews of latest industry trends, regulatory changes, and major deals, projects and investments in Brazil.
Assess the activities, strategy and market position of your competitors, partners and clients via our Company Profiles (inc. KPIs and latest activity).

Coverage

BMI Industry View

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