Recent studies indicate that the global market for information technology (hardware, software and related services) was 1.43 trillion US$ in 2009, with 880 million US$ related to software and services (ABES, 2010). Also in 2009, the Brazilian market for Information Technology (IT) products has maintained the same position that it occupied in 2004, namely, it ranks sixth in the world. Specifically, in the segment of software and related services, the Brazilian market climbed from the 15th to the 12th position, registering the highest growth among the largest markets in the sector (150.8%). In both cases, the growth of the Brazilian market was more than three and a half times the global average.
Moreno Jr., Valter and Pinheiro, José Ricardo Monteiro, "Influence of Technical and Management Capacities on the Performance of Brazilian Software Development Firms" (2010). GlobDev 2010. 16.