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IT Services in Russia

  • June 2016
  • -
  • MarketLine
  • -
  • 38 pages

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Summary
IT Services in Russia industry profile provides top-line qualitative and quantitative summary information including: market size (value 2011-15, and forecast to 2020). The profile also contains descriptions of the leading players including key financial metrics and analysis of competitive pressures within the market. Essential resource for top-line data and analysis covering the Russia it services market. Includes market size and segmentation data, textual and graphical analysis of market growth trends, leading companies and macroeconomic information.


Synopsis
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

Macroeconomic indicators provide insight into general trends within the Russia economy


Reasons To Buy
What was the size of the Russia it services market by value in 2015?

What will be the size of the Russia it services market in 2020?

What factors are affecting the strength of competition in the Russia it services market?

How has the market performed over the last five years?

What are the main segments that make up Russia's it services market?

Key Highlights
- The IT services industry is valued as the combination of the business process outsourcing (BPO) services market, the application services market, and the infrastructure services market. The BPO services market is valued as the revenues accrued from the provision of client relationship management BPO, finance and accounting BPO, human resource outsourcing, knowledge process outsourcing, procurement BPO, and vertical-specific BPO services. The application services market is valued as the revenues accrued from the provision of application development, integration, management, and testing services. The infrastructure services market is valued as the revenues accrued from the provision of the following service lines: application hosting and data center, colocation, desktop management, security and privacy, and storage. All currency conversions are at constant 2015 annual average exchange rates.

- The Russian IT services industry had total revenues of $3.8bn in 2015, representing a compound annual growth rate (CAGR) of 7.4% between 2011 and 2015.

- The application services segment was the industry's most lucrative in 2015, with total revenues of $1.6bn, equivalent to 42.1% of the industry's overall value.

- Cloud computing systems are expected to achieve dynamic growth over the next few years as buyers expand the use of data centers and advanced analytics in order to manage the vast amounts of data being produced in the connected world. The positive impact of this transition on the IT services market could be balanced by a decline in outsourcing and processing services as many more tasks become automated through the use of artificial intelligence-based algorithms.

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