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Internet Sector - Brazil (OKTO FINANCE)
Online-business in Brazil has been growing considerably over the last 5 years. In 2011 Brazil accountant for over 80 million internet users.
By: OKTO FINANCE
Brazil has a universe of over 200 million mobile phones (represents over 1 mobile phone per inhabitant), mobility will increasingly be on the phone, laptops and tablets. The growth in sales of smartphones with data plans more affordable progressively offered by operators will popularize mobile INTERNET.
The Brazilian market for Internet (and its segments - E-Commerce, Advertising, Content and Infrastructure)
Brazil has also seen a demand over the last few years for Entertainment, mainly due to the improvent in the quality of life, generated by a stable and growing economy. This has had a spositive impact on on-line businesses offering entertainment alternatives especially for young Brazilians. On-line sales and promotion of large cultural events - such as music, theatre and sports have boosted a number of business to sell tickets for these events online.