0
General

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.

Thank you for visiting Telecompaper

Sign up below to get access to the rest of this article and all the telecom news you need.

  • Register free and gain access to even more articles from Telecompaper. Register here
  • Subscribe and get unlimited access to Telecompaper’s full coverage, with a customised choice of news, commentary, research and alerts.

Subscriptions

Already registered?



Categories: General
Countries: Brazil
::: add a comment
This article is part of dossier

5G

,

IoT


Add comment

Please login or register to leave a comment.

We welcome comments that add value to the discussion. We attempt to block comments that use offensive language or appear to be spam, and our editors frequently review the comments to ensure they are appropriate. If you see a comment that you believe is inappropriate to the discussion, you can bring it to our attention by using the report abuse links. As the comments are written and submitted by visitors of the Telecompaper website, they in no way represent the opinion of Telecompaper.


Related

Brazil PC market grows 20% in Q1

Published 06 Jul 2021 16:14 CET | Brazil
The Brazilian PC market recorded annual growth of 19.7 percent in the first quarter of 2021, with a total of 1.77 million ...

Brazil mobile phone market grows 3% in Q1

Published 03 Jun 2021 14:09 CET | Brazil
The mobile phone market in Brazil grew 3 percent year-on-year in the first quarter, according to IDC. In the first three months ...

Brazilian IT services market grows 3.5% in 2020 - IDC

Published 23 Apr 2021 15:59 CET | Brazil
The IT services market in Brazil grew by 3.5 percent year-on-year in 2020 to over BRL 42 billion, despite a 4.1 percent decline ...

Brazilian electronics industry criticizes cut in ICT import tariffs

Published 18 Mar 2021 16:28 CET | Brazil
Brazil's Association of Electrical and Electronic Producers (Abinee) has criticized the decision of the Ministry of Economy to ...

Brazil grants tax break for ICT goods produced in Manaus Free Trade Zone

Published 19 Oct 2020 14:56 CET | Brazil
Brazilian President Jair Bolsonaro has signed a decree to grant tax benefits to companies producing goods and services in the ICT ...