This study analyzes the impact of the economic crisis and the changing political landscape on the Russian ICT market in the third quarter of 2015.
Among other things, this report covers the developments in the economy and their impact on the Russian ICT market. It also covers the Russian government's developing policies aimed at substituting foreign ICT products and services and new regulations driving the local hosting market.
Questions this document answers:
- What is the likely quantitative impact on ICT demand in Russia for 2015 and 2016?
- What is IDC's current view on the impact by industry segment?
- What have been the key changes to the operating environment in Russia?
"Historically, the annual trend in ICT spending in Russia has mirrored the trend in oil prices. Sadly, 2015 was no exception and we observe a record decline in market size. Our central scenario for 2016 is that we are likely to see a further contraction in market size, with a recovery beginning in 2017." — Vice President Robert Farish, IDC Russia/CIS