Research and Markets: Brazil Information Technology Report Q3 2011 - Out Now

DUBLIN--(BUSINESS WIRE)--Research and Markets (http://www.researchandmarkets.com/research/a9d318/brazil_information) has announced the addition of the "Brazil Information Technology Report Q3 2011" report to their offering.

Brazilian IT spending is expected to record double-digit growth in 2011, despite a drop-off in government procurements in Q111. Government and retail demand drove most of the growth in 2010, as Brazil's economy powered back, but strong price competition meant that PC revenues growth lagged shipments. Demand for IT products and services is projected to increase at a compound annual growth rate (CAGR) of 13% over the forecast period, making Brazil one of the best-performing global IT markets. A National Broadband Plan, and modernisation ahead of Brazil's hosting of the 2014 FIFA World Cup and 2016 Summer Olympics, should drive demand for IT products and services.

In 2011, consumer PC sales are expected to continue to remain a major IT market driver, thanks to economic growth and low unemployment fuelling consumer confidence. Brazil is thought to be one of the most promising regional markets for cloud computing, with growing demand in sectors such as retail, finance and healthcare.

Industry Developments

In December 2010, Brazilian states and municipalities began to receive funds awarded under President da Silva's 'computer for every student' programme, Prouca. Computers are made available to participating regions at subsidised prices of between BRL344 and BRL377, including delivery and installation. Vendors reported an upturn in government IT spending in 2010, boosted by computer procurements by the ministry of education and schools.

The Brazilian electrical and electronics industry association Abinee has called for tax breaks to bring down the price of domestically produced tablets. Abinee has forecast that the price of tablets could fall to under BRL1,000 (US$598) in 2011. The MEC had also previously suggested the inclusion of tablets in digital inclusion programmes.

In October 2010, the government announced a new investment strategy to drive modernisation, with IT set to benefit. The government has earmarked US$344bn for the four-year plan to modernise its infrastructure, and IT vendors are hoping to secure additional business as a result of the increased government spending. The plan is expected to drive substantial investment in IT.

Read more inside Brazil Information Technology Report Q3 2011

Companies Mentioned:

• Positivo Informatica
• Dell (Barazil)
• Microsoft

For more information visit http://www.researchandmarkets.com/research/a9d318/brazil_information