Information Communications Media Technology Market News

Russian IT software and services market is estimated to grow at a healthy CAGR of 7.2% till 2020 according to new research report

The market is expected to register a strong growth of 7.2% in its CAGR during the projected period to reach US$ 8,628.2 million by 2020. Both the IT software and services segments made considerable contribution to the overall growth of Russian IT market in the European region.

The Russia IT software and services market is advancing steadily since related sectors depend on it completely. Looking into this huge opportunity, a new study has been added to the vast online repository of Market Research Reports Search Engine (MRRSE), with the title ‘’IT Software and Services Market: Russian Industry Analysis and Opportunity Assessment 2014 – 2020‘’.

The report evaluates viable factors such as market growth forecast till the year 2020 and the Russian software market, along with focus on the Russian economy to give precise business guidelines to all new investors.


According to this report, the market is projected to record a solid progression of 7.2% in its CAGR throughout the anticipated period and the revenue will reach the value of US$ 8,628.2 Million in 2020.

The study begins with a careful overview of the economy, along with the Russian economy data and the Russian economy PESTEL analysis. Later, the report evaluates the IT market in Russia alongside the Russian IT market drivers and restraints.

In this section, the report talks about y-o-y or year on year growth comparisons, whereas the Russian market is compared with the global IT software and services market for the time period between 2013 and 2020. Similarly, the Russian IT market value forecast and y-o-y growth values are evaluated for the period between 2013 and 2020.

Further, the report also offers the analysis of the Russian IT market in terms of the type as well as the Russian software and services market analysis considering the type. in-depth overview of IT market in Russia considering the verticals as well as the comparison of the market CAGR in Russia with the global data in terms of the type, between the years 2014 and 2020, are also available.

The IT spending, overall trends analysis, and potential clients considering the verticals, as well as the major IT topics in Russia, are also carefully introspected carefully.

Additionally, the study contains the serious guidelines through the method of evaluating Key IT trends, together with the development and technology acceptance in Russia as well as throughout all the verticals. Similarly, the market value and forecast considering the IT software and services, as well as the verticals are all well-evaluated for the benefit of the reader.

Relative market attractiveness data in terms of verticals and situation of IT software together with the service providers considering the industry presence and product portfolio are also furnished in the study.

Browse Full Report with

Another important facet of this report is the introspection of key companies that are mentioned in the competitive landscape analysis which are Microsoft Corporation, Oracle Corporation, SAP SE, IBM Corporation, IBS Group, Hewlett-Packard Company, LANIT Group, Compulink Group, Asteros and I-Teco in. Such rich knowledge of the Russian IT software and service provider landscape and honest recommendations to market players help in creating profitable business modules.


News From

Category: Market Research Publishers and RetailersCompany about: What Makes MRRSE ? MRRSE stands for Market Research Reports Search Engine, the largest online catalog of latest market research reports based on industries, companies, and countries. MRRSE sources thousands of industry reports, market statistics, and company profiles from trusted entities and makes them available at a click. Besides well-known private publishers, the reports featured on MRRSE typically come from national statistics agencies, investment agencies, leading media houses, trade unio ...
This email address is being protected from spambots. You need JavaScript enabled to view it.