MainInsights & AnalyticsRussian IT services market and performance indicators of leading suppliers 2019

Russian IT services market and performance indicators of leading suppliers 2019

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According to IDC, at the end of 2019, the value of the Russian IT services market amounted to $5.57 billion, which is 8.0% more than in 2018.

  • LANIT group of companies remains the market leader; it is followed by CROC, ITG, Technoserv and Jet Infosystems. The revenue of these five companies accounts for more than a quarter of the total IT services market in Russia.
  • At the beginning of this year the COVID-19 pandemic significantly affected the Russian market. The crisis has caused many companies to accelerate digital transformation and adapt to the changing business landscape.
  • The emerging upward trend in the telecom industry and the education sector is associated with the launch of new solutions for organizing remote work and education.
  • Banking, retail, industrial and energy companies are also active clients of IT service providers.
  • The largest and most solvent customers are public sector organizations.
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Added:09.17.2020
Latest update:
12.16.2020

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