Research and Markets (http://www.researchandmarkets.com/research/5c47e0b0/it_market_in_brazi) has announced the addition of the "IT Market in Brazil 2011-2015" report to their offering.

TechNavio's analysts forecast the Information Technology market in Brazil to grow at a CAGR of 9 percent over the period 2011-2015. One of the key factors contributing to this market growth is government support for IT initiatives. The IT market in Brazil has also been witnessing a rise in mergers and acquisitions. However, talent shortage could pose a challenge to the growth of this market.

Key vendors dominating this market space include IBM Corp., Hewlett-Packard Co., Xerox Corp., and Accenture.

Commenting on the report, an analyst from TechNavio's IT Services team said, The recognition of the significant benefits of IT virtualization is gaining momentum in various organizations across Brazil. There is an increasing demand for server virtualization in the country. Although the economic slowdown of 2008-2009 reduced the IT investment to some extent, organizations continued to adopt a virtualized environment. Virtualization helps organizations to develop an economical cost structure by reducing physical hardware costs and lowering the energy costs for infrastructure. It is one of the most common ways for organizations to adopt the green IT initiatives.

According to the report, at present the PC market in Brazil is witnessing an upsurge in the sales of laptops and desktops. The major players in the market such as Positivo Informatica, HP and Dell share a positive sentiment with regard to the overall computer sales and they expect the market to grow at a high rate in the coming years. The local vendor Positivo Informatica has been aggressive in the PC market in 2011. Such an upsurge in computer sales will drive the overall IT market in Brazil.

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