System Infrastructure Software - Brazil

Brazil

Revenue in the System Infrastructure Software market is projected to reach €1.82bn in 2024.
Revenue is expected to show an annual growth rate (CAGR 2024-2028) of 2.26%, resulting in a market volume of €1.99bn by 2028.
In global comparison, most revenue will be generated in the United States (€68,450.00m in 2024).

Key regions: Japan, United States, United Kingdom, Australia, France

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Moneda

Analyst Opinion

The demand for System Infrastructure Software in Brazil has been on the rise in recent years, driven by various factors such as the increasing adoption of cloud computing, big data analytics, and the growing need for cybersecurity.

Customer preferences: Brazilian companies are increasingly looking for software solutions that can help them manage their IT infrastructure more efficiently, reduce costs, and improve their overall business performance. They are also looking for software that is easy to deploy, scalable, and can be customized to meet their specific needs. Furthermore, there is a growing demand for cloud-based infrastructure software solutions, which offer more flexibility and cost-effectiveness than traditional on-premise solutions.

Trends in the market: One of the major trends in the Brazilian System Infrastructure Software market is the growing adoption of cloud computing. According to a recent study, the cloud computing market in Brazil is expected to grow at a CAGR of 25% between 2020 and 2025. This growth is being driven by the increasing demand for cloud-based infrastructure software solutions, which offer more flexibility, scalability, and cost-effectiveness than traditional on-premise solutions. Another trend is the increasing focus on cybersecurity, as companies are becoming more aware of the risks associated with cyber threats and are investing in software solutions that can help them protect their IT infrastructure.

Local special circumstances: Brazil is the largest economy in Latin America and has a large and growing IT industry. The country has a large pool of skilled IT professionals, which has helped to drive innovation and growth in the System Infrastructure Software market. However, the market is also highly competitive, with both local and international players vying for market share. This has led to a focus on innovation and differentiation, with companies looking for ways to stand out in a crowded market.

Underlying macroeconomic factors: Brazil has been facing economic challenges in recent years, including high inflation, political instability, and a weak currency. However, the country has also been making strides in improving its business environment, with reforms aimed at reducing bureaucracy and increasing transparency. These reforms have helped to attract foreign investment and create a more favorable environment for businesses. Additionally, the government has been investing in infrastructure projects, such as the expansion of broadband internet access, which has helped to drive growth in the IT industry.

Methodology

Data coverage:

The data encompasses B2B, B2G, and B2C enterprises. Figures are based on the allocation to the country where the money was spent at manufacturer price level (excluding VAT).

Modeling approach / Market size:

The segment size is determined through a top-down approach. We use financial statements such as annual reports, quarterly earnings, and expert opinions to analyze the markets. To estimate the segment size for each country individually, we use relevant key market indicators and data from country-specific industry associations such as GDP, level of digitization, GDP sector composition, and observed level of software piracy.

Forecasts:

We use a variety of forecasting techniques, for instance, advanced statistical methods, depending on the behavior of the relevant segment. The main drivers are the GDP and the level of digitization.

Additional notes:

The data is modeled using current exchange rates. The market is updated twice a year in case market dynamics change. The impact of the COVID-19 pandemic is considered at a country-specific level.