Russia Information Technology Report Q4 2015

Date: September 30, 2015
Pages: 87
US$ 1,295.00
Report type: Strategic Report
Delivery: Download
ID: R8B05319620EN

Download PDF Leaflet

Includes 3 FREE quarterly updates

BMI View: The short term outlook for the Russian IT market is negative, with a local currency contraction expected due to the weaker economic outlook, sanctions and sharp rouble depreciation (which is expected to result in a 40.5% contraction in US dollar terms in 2015). Sanctions impact vendors asymmetrically, for instance US vendors are most likely to suffer due to reputational damage, with IT products and solutions increasingly seen through the lens of national security by both the US and Russian government. As a result we expect Chinese server and storage vendors to capitalise on increased demand in Russia, which could also have implications for software vendors over the medium term. Looking over the forecast period, we expect growth to return in local currency terms from 2016, but a more significant acceleration from 2017 as the economic environment becomes more supportive, offering some growth potential in the latter years of our forecast. There is, however, downside risk to this scenario due to US-Russian relations, while political factors also present risks to vendors, for instance data localization requirements and the government's increased strategic value on achieving technological independence.

Headline Expenditure Projections

Computer Hardware Sales: RUB507.6bn in 2014 to RUB471.3bn in 2015, -7.2% in local currency terms. In addition to the impact of depreciation on affordability in 2015, demand was brought forward to 2014 ahead of anticipated price increases, adding to the drag on spending.
BMI Industry View
Operational Risk
Industry Forecast
  Table: IT Industry - Historical Data And Forecasts (Russia 2012-2019)
Macroeconomic Forecasts
Economic Analysis
  Table: RUSSIA - Private Consumption Forecasts
  Table: RUSSIA - Government Consumption Forecasts
  Table: RUSSIA - Fixed Capital Formation Forecasts
  Table: RUSSIA - Net Exports Forecasts
Industry Risk Reward Ratings
Industry Risk Reward Index
  Table: Europe IT Risk/Reward Index, Q4 2015
Market Overview
Cloud Computing
  Table: Russia Cloud Vendor Developments, 2014-2015
Industry Trends And Developments
Regulatory Development
  Table: IT Authorities
Competitive Landscape
International Companies
  Table: Lenovo
  Table: Foxconn
  Table: Huawei Technologies
Local Companies
  Table: Kaspersky Lab
  Table: Mailru
Regional Overview
Demographic Forecast
Demographic Outlook
  Table: Population Headline Indicators (Russia 1990-2025)
  Table: Key Population Ratios (Russia 1990-2025)
  Table: Urban/Rural Population & Life Expectancy (Russia 1990-2025)
  Table: Population By Age Group (Russia 1990-2025)
  Table: Population By Age Group % (Russia 1990-2025)
Industry Forecast Methodology
Risk/Reward Index Methodology
  Table: IT Risk/Reward Index Indicators
  Table: Weighting Of Components
Skip to top

Ask Your Question

Russia Information Technology Report Q4 2015
Company name*:
Contact person*:
Request invoice
Your enquiry:
Please click on a Check Box below to confirm you are not a robot: