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The Consumer Electronics industry provides mass-consumption electronic equipment with a relatively low degree of customisation that is marketed on a global scale. In an increasingly connected world, this industry’s main task is to meet the ever more sophisticated demands of digital consumers for electronic devices for both entertainment and professional use. As a highly R&D- and capital-intensive industry, it is also one of the main drivers of technological advances, digital inclusion and economic growth.
The Consumer Electronics industry comprises the manufacturing of electronic devices intended for everyday use by end consumers. They are most commonly used for entertainment (TV sets, video players, video games, audio equipment, etc.), communications (telephones, mobile phones, etc.) and home-office activities (desktop computers, laptops, storage devices, printers, small electrical appliances, batteries, etc.).
Brazil's information technology (IT) market remained in 10th place globally in 2024, reaching a market value of USD 58.6bn, according to the Brazilian Association of Software Companies (ABES). The number of businesses focused on software development ...
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Mexico's electronics manufacturing is one of the leading sectors globally, with an industry that continues growing rapidly and becoming increasingly important to the global supply chain. By 2024, Mexico ranked as the eighth-largest producer of ...
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Brazil's IT market slipped to 12th place globally in 2022, totalling USD 45.9bn, according to the Brazilian Association of Software Companies (ABES). In 2023 and 2024, sector growth is expected to be driven by higher demand for cloud and Information ...
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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, ...
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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 ...
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Brazil is a relevant player in the global IT market, accounting for 2.1% of the sales of hardware, software and IT services worldwide in 2018. The country holds the ninth position globally, while ranking first regionally with a 42.8% share ...
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Brazil is among the leaders in the global IT market. In 2017, its sales accounted for 1.9% of the worldwide total, ranking ninth in the world and first in Latin America. Within the region, its leadership is undisputed, as it is responsible for 39.1% ...
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