Russian IT Market to Grow 15%-20% in 2006 - Communications Ministry
The Russian IT and telecommunications market will grow 15%-20% in 2006, Oleg Byakhov, director of the ministry's strategy department, said at an IT roundtable on Tuesday.
Nov 28, 2006
Russia's IT market exceeded one trillion rubles in 2005, he said.
The Russian high-tech sector grew 24.5% in 2005, which is much higher than the average world figure. Russia has overtaken in this sector such countries as Germany (3.4%), Britain (5.1%), France (6%), China (11.6%) and India (22.9%), Byakhov said.
The traditional voice communication sector has been growing at a good rate since 2000, he said. "This segment is becoming saturated and investment resources need to be moved," he said.
However, the Russian modern infocommunications sector is underdeveloped, Byakhov said. This includes broadband Internet and date transfers.
The Russian high-tech sector grew 24.5% in 2005, which is much higher than the average world figure. Russia has overtaken in this sector such countries as Germany (3.4%), Britain (5.1%), France (6%), China (11.6%) and India (22.9%), Byakhov said.
The traditional voice communication sector has been growing at a good rate since 2000, he said. "This segment is becoming saturated and investment resources need to be moved," he said.
However, the Russian modern infocommunications sector is underdeveloped, Byakhov said. This includes broadband Internet and date transfers.