IT Services in Russia
Summary
IT Services in Russia industry profile provides top-line qualitative and quantitative summary information including: market share, market size (value and volume 2018-23, and forecast to 2028). The profile also contains descriptions of the leading players including key financial metrics and analysis of competitive pressures within the market.
Key Highlights
- The IT services market involves the design, development, implementation, management, and support of information technology systems and applications for organizations. Market values include revenues generated from (a) signed deals that remain under contract and (b) new contracts signed within that calendar year.
- The Russian IT services industry registered revenues of $13.1 billion in 2023, representing a compound annual growth rate (CAGR) of 7.5% between 2018 and 2023.
- The infrastructure services segment accounted for the industry's largest proportion in 2023, with total revenues of $8.1 billion, equivalent to 62.3% of the industry's overall value.
- The Russian IT services industry growth is driven by growing digitalization and technological adoption by businesses.
- Save time carrying out entry-level research by identifying the size, growth, major segments, and leading players in the it services market in Russia
- Use the Five Forces analysis to determine the competitive intensity and therefore attractiveness of the it services market in Russia
- Leading company profiles reveal details of key it services market players’ global operations and financial performance
- Add weight to presentations and pitches by understanding the future growth prospects of the Russia it services market with five year forecasts by both value and volume
- What was the size of the Russia it services market by value in 2023?
- What will be the size of the Russia it services market in 2028?
- What factors are affecting the strength of competition in the Russia it services market?
- How has the market performed over the last five years?
- Who are the top competitors in Russia's it services market?
- 1 Executive Summary
- 1.1. Market value
- 1.2. Market value forecast
- 1.3. Category segmentation
- 1.4. Geography segmentation
- 1.5. Market rivalry
- 1.6. Competitive landscape
- 2 Market Overview
- 2.1. Market definition
- 2.2. Market analysis
- 3 Market Data
- 3.1. Market value
- 4 Market Segmentation
- 4.1. Category segmentation
- 4.2. Geography segmentation
- 5 Market Outlook
- 5.1. Market value forecast
- 6 Five Forces Analysis
- 6.1. Summary
- 6.2. Buyer power
- 6.3. Supplier power
- 6.4. New entrants
- 6.5. Threat of substitutes
- 6.6. Degree of rivalry
- 7 Competitive Landscape
- 7.1. Who are the leading players?
- 7.2. What is the impact of the Russia-Ukraine war on the Russian IT services industry?
- 7.3. What have been the recent industry developments?
- 8 Company Profiles
- 8.1. Kyndryl Inc
- 8.2. Laboratory of New Information Technologies
- 9 Macroeconomic Indicators
- 9.1. Country data
- 10 Appendix
- 10.1. Methodology
- 10.2. Industry associations
- 10.3. Related MarketLine research
- 10.4. About MarketLine
- List of Tables
- Table 1: Russia IT services industry value: $ billion, 2018-23
- Table 2: Russia IT services industry category segmentation: % share, by value, 2018-2023
- Table 3: Russia IT services industry category segmentation: $ billion, 2018-2023
- Table 4: Russia IT services industry geography segmentation: $ billion, 2023
- Table 5: Russia IT services industry value forecast: $ billion, 2023-28
- Table 6: Kyndryl Inc: key facts
- Table 7: Kyndryl Inc: Key Employees
- Table 8: Laboratory of New Information Technologies: key facts
- Table 9: Laboratory of New Information Technologies: Key Employees
- Table 10: Russia size of population (million), 2019-23
- Table 11: Russia gdp (constant 2005 prices, $ billion), 2019-23
- Table 12: Russia gdp (current prices, $ billion), 2019-23
- Table 13: Russia inflation, 2019-23
- Table 14: Russia consumer price index (absolute), 2019-23
- Table 15: Russia exchange rate, 2019-23
- List of Figures
- Figure 1: Russia IT services industry value: $ billion, 2018-23
- Figure 2: Russia IT services industry category segmentation: $ billion, 2018-2023
- Figure 3: Russia IT services industry geography segmentation: % share, by value, 2023
- Figure 4: Russia IT services industry value forecast: $ billion, 2023-28
- Figure 5: Forces driving competition in the IT services industry in Russia, 2023
- Figure 6: Drivers of buyer power in the IT services industry in Russia, 2023
- Figure 7: Drivers of supplier power in the IT services industry in Russia, 2023
- Figure 8: Factors influencing the likelihood of new entrants in the IT services industry in Russia, 2023
- Figure 9: Factors influencing the threat of substitutes in the IT services industry in Russia, 2023
- Figure 10: Drivers of degree of rivalry in the IT services industry in Russia, 2023
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