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Mega Trends in Russia 

  • April 2016
  • -
  • Frost & Sullivan
  • -
  • 120 pages

Summary

Table of Contents

Mega Trends in Russia : Russia's Growth Story Post the Ruble-Oil Crisis

20 years after the fall of the Soviet Union, Russia remains burdened with economic, social, and political crises. The recent ruble-oil crisis further weakened the economy. By examining the key Mega Trends in Russia, along with other factors that will impact and shape the country’s economy, this presentation discusses how the economic, political, and social environment of the country will change in the coming years. Further, the study provides insights on future demographic trends, growing levels of foreign investment, infrastructure development, growing digital trends, and mobile connectivity, from Russia's perspective.

Key Findings

By 2025, every Russian will possess connected devices. Russia will have the highest Internet penetration among the CIS and the BRICS nations.

Russia’s Internet Economy (as measured by total ICT spending) will reach $ billion in 2025 and account for % of the country’s GDP.

Over the next decade, Russia will see the transformation from SMS banking to mobile banking. The mobile banking segment will reach $ billion in 2025 and account for % of the mobile payment turnover.

By 2020, Russia will launch civilian satellites. Its space industry has the potential to reach $ billion by 2020

Online retail in Russia will reach $ billion in 2025 and account for % of the total retail sales.

Gen Y in Russia constitutes one-fourth of the total population. It comprises the working-age group of to -year olds and will account for about % of the total population by 2025.

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