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IT Services in Russia

Publisher MarketLine
Published Oct 23, 2025
Length 33 Pages
SKU # MTLN20768291

Description

IT Services in Russia

Summary

IT Services in Russia industry profile provides top-line qualitative and quantitative summary information including: market size (value 2019-24, and forecast to 2029). The profile also contains descriptions of the leading players including key financial metrics and analysis of competitive pressures within the market.

Key Highlights
  • IT services market involves the design, development, implementation, management, and support of information technology systems and applications for organizations. Market values include revenues generated from (a) signed deals that remain under contract and (b) new contracts signed within that calendar year.
  • The Russian IT services industry recorded revenues of $11.9 billion in 2024, representing a compound annual growth rate (CAGR) of 6.9% between 2019 and 2024.
  • The infrastructure services segment accounted for the industry's largest proportion in 2024, with total revenues of $7.4 billion, equivalent to 62.3% of the industry's overall value.
  • The expansion of Russia’s IT services industry during 2019-24 was driven by strong government-led digital transformation efforts and rapid digitalization across sectors. For instance, in 2024, the Russian government allocated RUB2.5 billion ($26.9 million) from its reserve fund to the Ministry of Digital Development, Communications, and Mass Media to subsidize preferential loans for IT firms engaged in digital transformation projects.
Scope
  • 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
Reasons to Buy
  • What was the size of the Russia it services market by value in 2024?
  • What will be the size of the Russia it services market in 2029?
  • 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?

Table of Contents

33 Pages
1 Executive Summary
1.1. Market value
1.2. Market value forecast
1.3. Category segmentation
1.4. Geography segmentation
1.5. Market rivalry
1.6. Competitive landscape
2 Market Overview
2.1. Market definition
2.2. Market analysis
3 Market Data
3.1. Market value
4 Market Segmentation
4.1. Category segmentation
4.2. Geography segmentation
5 Market Outlook
5.1. Market value forecast
6 Five Forces Analysis
6.1. Summary
6.2. Buyer power
6.3. Supplier power
6.4. New entrants
6.5. Threat of substitutes
6.6. Degree of rivalry
7 Competitive Landscape
7.1. Who are the leading players?
7.2. What are the strategies of the leading players?
7.3. What are the strengths of the leading players?
7.4. What have been the recent industry developments?
8 Company Profiles
8.1. Laboratory of New Information Technologies
8.2. IBS Group Holding Limited
9 Macroeconomic Indicators
9.1. Country data
10 Appendix
10.1. Methodology
10.2. Industry associations
10.3. Related MarketLine research
10.4. About MarketLine
List of Tables
Table 1: Russia IT services industry value: $ million, 2019-24
Table 2: Russia IT services industry category segmentation: % share, by value, 2019-24
Table 3: Russia IT services industry category segmentation: $ million, 2019-24
Table 4: Russia IT services industry geography segmentation: $ million, 2024
Table 5: Russia IT services industry value forecast: $ million, 2024-29
Table 6: Laboratory of New Information Technologies: Key Facts
Table 7: Laboratory of New Information Technologies: Key Employees
Table 8: IBS Group Holding Limited: Key Facts
Table 9: IBS Group Holding Limited: Key Employees
Table 10: Russia Size of Population (Million), 2020-24
Table 11: Russia Real GDP (Constant 2010 Prices, $ Billion), 2020-24
Table 12: Russia GDP (Current Prices, $ Billion), 2020-24
Table 13: Russia Inflation, 2020-24
Table 14: Russia Consumer Price Index (Absolute), 2020-24
Table 15: Russia Exchange Rate, 2019-24
List of Figures
Figure 1: Russia IT services industry value: $ million, 2019-24
Figure 2: Russia IT services industry category segmentation: $ million, 2019-24
Figure 3: Russia IT services industry geography segmentation: % share, by value, 2024
Figure 4: Russia IT services industry value forecast: $ million, 2024-29
Figure 5: Forces driving competition in the IT services industry in Russia, 2024
Figure 6: Drivers of buyer power in the IT services industry in Russia, 2024
Figure 7: Drivers of supplier power in the IT services industry in Russia, 2024
Figure 8: Factors influencing the likelihood of new entrants in the IT services industry in Russia, 2024
Figure 9: Factors influencing the threat of substitutes in the IT services industry in Russia, 2024
Figure 10: Drivers of degree of rivalry in the IT services industry in Russia, 2024

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