Brazil Software and IT Sector Report 2023-2024

Brazil's IT market slipped to 12th place globally in 2022, totalling USD 45.2bn, according to estimates by US-based tech consultancy IDC. However, a promising outlook for 2023 is projected, with expected growth of 5.4% y/y, driven by connectivity, cloud security, and device sales. The hardware segment dominated with 55% of the market value. Despite its dependence on imports and government policies, the Brazilian IT sector is witnessing new players entering the market, increasing competition. Regulatory measures, although not on par with other countries, have been implemented to uphold human rights and consumer protection.

This report provides a complete and detailed analysis of the "Software publishers" 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 publishers" sector in Brazil
• Crystallise the forces both driving and restraining this sector in Brazil
• Ascertain Brazil’s position in the global sector
• 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, output and consumption for specific sub-sectors