Forecasts for the Russian IT market in 2009 - April 2009

In 2008 the Russian IT market showed a relatively modest growth of 9.3%. The economic crisis in Russia, followed by sharp fall in capex in the second half of last year put a halt to quickly expanding IT sales. In 2009, the market could decline by approximately 14%. Recovery of IT demand will depend on the improvement of the overall economic climate, which for Russia has been forecast for 2010. But even in spite of the crisis, the IT market in Russia remains the biggest in the region of Central and Eastern Europe.

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PMR Publications provides market intelligence for business professionals interested in Central and Eastern European countries as well as other emerging markets. Publications by PMR analyse the business climate in the region. The offer includes both free and paid subscription newsletters, online news & analysis services and in-depth reports on Central and Eastern Europe. PMR Publications is a division of PMR, a British-American company providing market research (through PMR Research), consultancy (through PMR Consulting) and business publications (through PMR Publications).