BMI View: Venezuela's IT market has contracted sharply in US dollar terms as a result of the severity of
the economic crisis - with the new exchange rate regime and spiralling inflation contributing to product
shortages and price rises far in excess of local wage grow ..."
BMI View: The Brazilian IT market contracted sharply in 2015, with further, albeit less substantial, decline
forecast for 2016 due to a combination of political and economic factors. As the economy emerges from
recession and the political situation stabilises we envis ..."
BMI View: The Argentine IT market has considerable potential, but economic challenges have been a drag
on growth in recent years. Challenging economic conditions are again a negative for IT demand in 2016 as
a result of the devaluation of the peso in December 2015, pa ..."
BMI View: Colombia is a market with great potential due to relatively low penetration rates for PCs,
software and solutions. Our core scenario is for an IT spending CAGR of 4.5% over 2016-2020 as the
economy strengthens, with a potential tailwind from the formal concl ..."
BMI View: We expect Peru's IT market to recover from the dip in performance in 2015 and move to a much
stronger growth trajectory by 2017, as economic performance improves. Our Country Risk team expects
strong economic growth, with further upside from substantial so ..."
With an economic shrinkage in 2015, Brazil is facing a massive slowdown with weakening commodity prices and a slumping currency. This is in line with Kable's survey which illustrates that most Brazilian enterprises are decreasing their ICT budg ..."
BMI View: Chilean IT spending growth is forecast to accelerate from 2017 and record a CAGR of 7.8%
over 2016-2020, a marked improvement over performance since 2014 when economic performance
deteriorated as a result of a global commodities slump that hit Chile hard. We ..."
BMI View: Risk remains elevated in Brazil with an ongoing corruption scandal and impeachment
proceedings, while the economic environment is still a negative in 2016. We therefore expect another year
of local currency IT spending contraction, and sharp decline in US do ..."
BMI View: The government is hoping it can reinvigorate the local computer hardware industry through the
creation of Special Economic Zones, but at least in the short- to medium term we expect local industry and
IT market spending will be determined by the severe econo ..."
BMI View: The devaluation of the peso in December 2015 was the latest macroeconomic event to impact
the Argentine IT market, with retail hardware spending rising in anticipation of expected price rises, and
we believe it will result in a contraction in spending in 201 ..."