Brazil Is World’s 6th Biggest in IT, But 73% of Its Software Comes from Abroad

Brazzil Magazine covers

A survey by the Brazilian software association (Abas) reports that Brazil’s information technology (IT) market, which includes programming, equipment, telecommunications systems and data management, was worth US$ 11 billion in 2004.

That puts Brazil in 6th place worldwide, behind the United States (US$ 396 billion), Japan (US$ 103 billion), United Kingdom (US$ 59 billion), China (US$ 27 billion) and Spain (US$ 15 billion).

As for future growth, it is estimated that Brazil will expand its information technology at 8.3% annually between now and 2009. That is only less than Russia, where growth should reach an average 17.8%, India (17.6%) and China (13.3%).

The Brazilian IT market represents 1.1% of the world market, and 40.9% of the Latin American market. Abas also reports that 73% of the computer programs used in Brazil are made abroad.

The Abas survey says that in 2004 there were 6,000 IT businesses with 1,800 of them developing software and the remaining 4,200 involved in distribution and resale.

Thirty five percent of the businesses were considered small – less than 10 employees; 59% had between 10 and 99 employees. Only 5% were medium businesses (11 to 500 employees) and 1% were big: over 500 employees.

ABr

Tags:

You May Also Like

Brazzil Magazine covers

Brazil & Neighbors May Be Rich, But They Are Economic Lightweights

Latin America has  some of the world’s largest countries, in terms of land area, ...

Brazzil Magazine covers

The Story of Higher Education in Brazil: Too Many Openings, Too Few Good Schools

Instead of the consumption of classes, education is a process of knowledge accumulation. But ...

Brazzil Magazine covers

Latest Brazilian Corruption Scandal Involves Several Army Officers

It’s getting harder and harder to keep abreast of all the big scandals going ...

Brazzil Magazine covers

Brazilian Populism: Good for Politicians, Bad for the Poor

Populism reflects the rhetorical style of political leaders who claim to govern directly for ...

Brazzil Magazine covers

Brazil and Arabs Join Same Team to Fight Hunger and Poverty

Ministries of Social Development in Arab and South American countries are going to create ...

Brazzil Magazine covers

Brazil’s Lula Holds G20 Summit to Revive Moribund WTO Talks

The G20 group of developing nations will attempt to help revive the World Trade ...