Market Research Report
BRIC Countries (Brazil, Russia, India, China) IT Services - Market Summary, Competitive Analysis and Forecast, 2017-2026
|BRIC Countries (Brazil, Russia, India, China) IT Services - Market Summary, Competitive Analysis and Forecast, 2017-2026|
Published: March 17, 2022
Content info: 140 Pages
Delivery time: 1-2 business days
The BRIC IT Services industry profile provides top-line qualitative and quantitative summary information including: industry size (value 2017-21, and forecast to 2026). The profile also contains descriptions of the leading players including key financial metrics and analysis of competitive pressures within the industry.
Brazil, Russian Federation, India and China (BRIC) are the emerging and fast growing countries within the it services industry and had a total market value of $175.4 billion in 2021. Brazil was the fastest growing country with a CAGR of 10.2% over the 2017-21 period.
Within the it services industry, China is the leading country among the BRIC nations with market revenues of $114.6 billion in 2021. This was followed by India, Brazil and Russia with a value of $30.1, $18.2, and $12.4 billion, respectively.
China is expected to lead the it services industry in the BRIC nations with a value of $174.0 billion in 2026, followed by India, Brazil, Russia with expected values of $45.4, $28.5 and $18.6 billion, respectively.