PRAGUE/MOSCOW, March 27, 2015 – IDC launched Russia ICT Market Outlook , a new quarterly service tracking the supply and consumption of IСT products and services in the country in the context of recent dramatic economic and political events. Since the 1990s, suppliers to Russia have had to deal with several periods of instability. However, market declines have always reversed quickly, and it became rather easy to take a stoic view of Russia’s volatility. The situation changed in 2014: The Russian economy, and subsequent IT demand, are now in what looks like a lengthy period of contraction. According to the latest IDC data, the overall IT market in Russia declined 16% in 2014 and an even more dramatic decline is forecast for 2015. (TZ)
Full document available here.
About IDC – IDC leads the ICT innovation discussion through events, research, and consulting. For nearly five decades it has been giving ICT and business professionals data and insight for making strategic and practical decisions. IDC is a subsidiary of IDG, the world’s leading technology media, research, and events company. Learn more atwww.idc.com.