PUBLISHER: MarketLine | PRODUCT CODE: 1070848
PUBLISHER: MarketLine | PRODUCT CODE: 1070848
The BRIC Software industry profile provides top-line qualitative and quantitative summary information including: market 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 market.
Brazil, Russian Federation, India and China (BRIC) are the emerging and fast growing countries within the software industry and had a total market value of $82.4 billion in 2021. Brazil was the fastest growing country with a CAGR of 6.3% over the 2017-21 period.
Within the software industry, China is the leading country among the BRIC nations with market revenues of $54.8 billion in 2021. This was followed by India, Brazil and Russia with a value of $13.4, $7.9, and $6.3 billion, respectively.
China is expected to lead the software industry in the BRIC nations with a value of $79.7 billion in 2026, followed by India, Brazil, Russia with expected values of $19.4, $12.0 and $9.1 billion, respectively.