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Russian IT Software and Services Market: Industry<br />
Analysis and Forecast 2014 – 2020<br />
The Russian IT software and services market has been forced into a makeover post the financial<br />
turmoil of 2008. The sector has undergone restructuring and is now much more organized. The IT<br />
software and services market has contributed extensively to the development of the Russian IT<br />
industry since the economic crisis.<br />
For almost a decade, the utilization of IT software and services in Russia has been a commanding<br />
trend and has resulted in a strong positive impact on the market. As a consequence, the Russian<br />
IT market exhibited a paradigm shift in the form of inflow of technology. Business enterprises and<br />
government agencies are increasingly adapting technologies generally used in domestic and<br />
personal settings.<br />
The Russian IT software and services market is witnessing continuous growth owing to demand<br />
from several industry sectors such as manufacturing, media and entertainment, communication,<br />
hospitality, banking and financial, and others. As such, the Russian IT software and services<br />
market will demonstrate a CAGR of 7.2% between 2014 and 2020 to be worth US$8628.2million<br />
by 2020.<br />
Online Trade to Drive Russian IT Software and Services Market<br />
The growing support offered by the Russian government to e-commerce, e-banking, and other<br />
online operations is boosting demand from the IT software and services market in Russia.<br />
Additionally, the influx of newer technologies for cloud computing, enterprise mobility, big data, and<br />
predictive analysis will further fuel growth of the IT market in Russia. Moreover, the new<br />
technologies, if introduced, will entail demand for IT software and services from social networking<br />
services and online marketing solutions.<br />
Despite the positive growth indicators, the Russian IT software and services market witnessed a<br />
downward curve in 2014. However, analysts at the International Data Corporation predict that any<br />
major economic crisis in the foreseeable future will offer lucrative opportunities for a majority of the<br />
IT software and services providers in the market. In such a scenario, the IT corporations that can<br />
adapt to changing market conditions, optimize processes, and attract other IT enterprises will lead<br />
the Russian IT software and services market.<br />
Browse the full Russian IT Software and Services Market report<br />
at http://www.mrrse.com/russian-it-software-and-services-market<br />
RUSSOFT Instrumental in Directing Russian IT Software and Services Market<br />
In Russia, ‘RUSSOFT’ is a nationwide association consisting of the best software developing<br />
corporations in the country. The association’s directives and policies have been instrumental for<br />
companies to expand horizons and have helped the Russian IT software and services market
massively. Additionally, RUSSOFT members receive opportunities for participation in overseas<br />
projects and also establish relationships with foreign counterparts that are mutually beneficial.<br />
Large Multinational IT Corporations to Further Boost Russian IT Software and Services<br />
Market<br />
Many large IT corporations across the world are exploring opportunities to venture into the Russian<br />
IT market, which is expected to create a highly promising scenario for the latter. To keep the move<br />
unidirectional, a large investment bank in Russia, the BCS Financial Group, outsourced client<br />
requirement and customer interaction services to IBM. The venture between IBM and the Russian<br />
bank will help strengthen IBM’s presence in the Russian IT Software and services market.<br />
Table of Content<br />
1. An Overview of Economy<br />
1.1. Russian Economy Overview<br />
1.2. Russian Economy PESTEL Analysis<br />
2. An Overview of IT Market in Russia<br />
2.1. Russian IT Market Drivers & Restraints<br />
2.2. Y-o-Y Growth Comparison: Russia V.s. Global IT Software & Services Market, 2013 – 2020 (%)<br />
3. Russian IT Market Value Forecast ($ Mn) and Y-o-Y Growth (%), 2013 – 2020<br />
3.1. Russian IT Market Analysis by Type<br />
3.2. Russian Software & Services Market Analysis by Type<br />
Send An Enquiry : http://www.mrrse.com/enquiry/126<br />
4. An Overview of IT Market in Russia by Verticals<br />
4.1. Russia V.s. Global IT Market CAGR, by Type, 2014 - 2020 (%)<br />
4.2. IT Spending to GVA, by Verticals, (%)<br />
4.3. Overall Trends Analysis by Verticals<br />
4.4. Potential Clients by Verticals<br />
5. Major IT Topics in Russia<br />
5.1. Major IT Technologies Implementation Scenario in Russia<br />
5.2. Future Roadmap<br />
5.3. Russian IT Market Relative Market Attractiveness in Russian IT Market, by Verticals, 2013<br />
5.4. Verticals Maturity Level Analysis Over different Time period<br />
6. Key Market Outlooks<br />
7. Competitive Landscape<br />
7.1. Key IT Software Providers in Russia<br />
7.2. Key IT Services Providers in Russia
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