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Wednesday, 3 July 2013

Brazil Information Technology Report Q3 2013:Information Technology & Telecommunication Market Research Reports

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Information Technology & Telecommunication Market Research Reports
Brazil Information Technology Report Q3 2013
Jul 3rd 2013, 00:00, by jitu

BMI View: The weaker consumer outlook in Brazil resulted in a minor downward revision to our forecast in the Q3 2013 update; however, this should not obscure the strong underlying growth story for the IT market over the medium term. We now forecast Brazil IT market spending will reach BRL53.5bn in 2013, an increase of 9.6% from BRL48.8bn in 2012. Growth is being sustained by several trends, including a booming first-time buyer and upgrade/replacement market for PCs, strong demand for tablets (including procurements for education), enterprise and government modernisation and demand for cost savings to be delivered via cloud computing. …

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