According to a recent research by Renaissance Capital, one of the largest financial and investment corporations in Russia, the IT services industry (IT consulting, software development, etc.) will be the fastest growing sector of the Russian IT market. Analysts expect the demand for IT services to grow by around 25 % in 2008 and 2009 compared to 20% growth in IT products demand for the same period. In general the growth rate if the global IT market have a bit slowed down and amount to 6.7% in 2007.
Russia is the second most rapidly growing IT markets in the world after India. Analysts from Troika Dialog suppose its annual growth rate will keep at 18.3% till 2010, whereas India will be ahead by minor 0.8%. These predictions were released at the November conference “Investment potential of Russian IT Companies” Conference organized by Vedomosti newspaper. IDC experts are also optimistic and say that Russian IT market will reach $27.6 billion by 2010.
Source: Vedomosti
Russia is the second most rapidly growing IT markets in the world after India. Analysts from Troika Dialog suppose its annual growth rate will keep at 18.3% till 2010, whereas India will be ahead by minor 0.8%. These predictions were released at the November conference “Investment potential of Russian IT Companies” Conference organized by Vedomosti newspaper. IDC experts are also optimistic and say that Russian IT market will reach $27.6 billion by 2010.
Source: Vedomosti
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