The Russian IT market will more than double by 2030
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The volume of the Russian IT market (including software, development and technical support services, as well as equipment) will grow from 3 trillion rubles. in 2023 up to 7 trillion rubles. by 2030. At the same time, the equipment market will reach 4.2 trillion rubles, and 2.8 trillion rubles. will fall on the segment of IT-services and software (software). The share of domestic developers in various segments will increase from 50% in 2023 to 90%. This conclusion was reached by analysts from Strategy Partners, whose research was reviewed by Vedomosti.
According to estimates by Strategy Partners, over the past four years, the Russian IT market has been growing on average more than 2 times faster than the world market – by 12% per year versus 5% in dollar terms. The software and IT services sector developed faster than other segments: its average annual growth rate in 2019–2022. amounted to 19.4%.
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