"Russia Information Technology Report Q3 2014" is now available at Fast Market Research

Investment in the Russian data centre and cloud computing market has been strong in the first half of 2014, backed by a well-developed telecoms sector, skilled IT professionals, large internet population and opportunities for outsourcing. This is indicative of our strong medium-term outlook for Russia's IT market, as we see growth potential in devices and enterprise solutions. State intervention is helping to promote IT development but excessive regulation of the internet could also result in the industry losing its lustre. Similarly, joining the WTO and the Information Technology Agreement (ITA) should help the industry, but Russia lags behind in terms of IPR enforcement and online piracy has been, and remains, a significant problem in Russia. Our short-term outlook is weaker following our macroeconomic and IT forecast downgrades in the Q214 update. Pressure on retail hardware sales as a result of competition from low-cost tablets, meaning value growth will fail to keep pace with unit growth over the medium term.

Full Report Details at
- http://www.fastmr.com/prod/852078_russia_information_technology_report_q3_2014.aspx?afid=304

Headline Expenditure Projections

Computer Hardware Sales: RUB361.4bn in 2013 to RUB418.5bn in 2014, +5.3% in local currency terms. Hardware is forecast to be the underperforming market segment in 2014, as the shift in consumption to lower cost tablets means growth in market value will fail to keep pace with unit growth.

Software Sales: RUB139.5bn in 2013 to RUB149.7bn in 2014, +7.3% in local currency terms. Modernisation initiatives of Russian enterprises are driving spending increases as they become more integrated in global markets and supply chains.

IT Services Sales: RUB201.0bn in 2013 to RUB219.0bn in 2014, +8.9% in local currency terms. Cloud computing demand is increasing rapidly as awareness levels and infrastructure quality improves.

Key Trends And Developments

We have a positive outlook for the Russian data centre market over the next few years, as the country's large internet population and data demand creates...

The Russia Information Technology Report features Business Monitor International (BMI)'s market assessment and independent forecasts covering personal computers and software; semi-conductors, memory chips, integrated circuits and general components; the internet and IT solutions. It analyses analyses regulatory changes (licensing, customs and intellectual property protection) and competitive landscapes comparing IT companies by products, sales, market share, investments, projects and expansion strategies.

BMI's Russia Information Technology Report provides industry professionals and strategists, corporate analysts, IT associations, government departments and regulatory bodies with independent forecasts and competitive intelligence on the IT industry in Russia.

Key Benefits

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