IT market in Russia 2014. Development forecasts for 2014-2019. is a market research report available at US $2520 for a Single User PDF License from RnR Market Research Reports Library.
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Russian IT Market will reach 60.6 billion USD in 2015. The business segment is still mostly dominated by public sector conglomerates. IT spending of the vertical industries will decline 4% in 2014 but recover by 4% in 2015. Income demographics will show strong growth for the middle class and average salary by 2018. This will positively impact all IT consumers spending. Strategic planning executives must adjust their IT investments if the economic and political constant market changes.
Total sales of IT products and services in Russia were worth RUB 711.6bn (€16.8bn) in 2013. Last year we observed a qualitative change in market development. Short term projects dominated the corporate sector, and cost optimisation remained among the key business objectives. Russian business customers reduced purchases of new hardware and software licences and increased their spending on IT support and outsourcing solutions.
The Russian IT market consists of hardware, software and IT services. According to statistics portal, Statica, the annual expenditure in Russia in 2015, is expected to be 21.4 billion USD. This amount is equivalent to the other BRIC (Brazil, Russia, India, China) countries, except for China, which spends much more than Russia.
This innovative publication describes the impact of influential trends upon market development, and examines the future potential of each major segment. It reviews investment opportunities and presents breakdown of IT spending by vertical sectors and industries.
Complete report available @ http://www.rnrmarketresearch.com/it-market-in-russia-2014-development-forecasts-for-2014-2019-market-report.html .
According to recent news, Apple has been expanding its commitment to the Russian market in recent years, opening its first official online Russian store in November 2014. Apple's mobile voice-activated assistant Siri will be fully fluent in Russian as part of Apple's March release of its newest smartphone software, industry website 9 to 5 Mac reported. Apple doubled shipments of iPhones to Russia in 2014 and reached 3.25 million units and raking in $2.14 billion in sales. Samsung is Apple's primary competitor in the global smartphone market. It still ships 6 million phones to Russia.
IT market forecasts for 2014-2019 is especially helpful when conducting a comparative analysis between the Russian IT market and neighboring IT markets in Central and Eastern Europe. Russian Computer market is driven mainly by new investments from the government into SEZ. There is a huge import in IT equipment. Increase in demand is expected in government and corporate sector due to favorable conditions.
The report also contains lists of companies that furnish hardware, software and IT services for Russian customers, with the breakdown as follows: 20 of the top software developers and vendors; 20 leading hardware manufacturers and distributors, 30 top outsourcing and IT services delivery companies and 100 of the most widely recognized IT companies active on the Russian market.
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This document includes a wealth of useful statistical data and KPI that describes the market and key segments accurately in terms of value, size, current level of IT expenditure, top selling IT hardware products, software innovations and service offerings. It follows through with extensive analysis and reveals growth forecasts for each segment of the market that indicate which segments will surpass the others in terms of value.
Companies that are currently active in the IT market in Russia, such as distributors and manufacturers of hardware, software solutions development specialists and telecommunications services providers will benefit from reviewing this document, as will a variety of academic, research and business consultancy professionals. It is also extremely useful to companies that invest heavily in IT products and services in order to successfully conduct their own business operations.
IT market in Russia 2014, development forecasts for 2014-2019 is especially helpful when conducting a comparative analysis between the Russian IT market and neighboring markets in Central and Eastern Europe. The report was created with businesspeople in mind and is also a handy source of useful information when estimating the growth potential of the market and its various segments, preparing budgets for IT expenditure and forecasting demand for various types of business process software and hardware.
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