Brazilian technology sector grew 23% during pandemic - ABES

Thursday 5 August 2021 | 17:06 CET | News
A study conducted by the Brazilian Association of Software Companies (ABES) with data from IDC shows that the country's technology sector grew 22.9 percent in 2020 and invested about BRL 200.3 billion (USD 50.7 billion). The figure includes software, services, hardware markets and the segment's exports. Brazil improved its position in the world IT ranking, moving from tenth in 2019 to ninth in 2020, and maintained its leadership in the Latin American market with a 44 percent share.

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Categories: General
Countries: Brazil
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