Experts have predicted that the infrastructure software market will grow by 15% annually. In 2023, this market grew by 31% to reach 101 billion rubles; One of the key factors that determined the market dynamics was the increase in the supply of Russian developments.
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The infrastructure software market grew by 31% in 2023 and amounted to 101 billion rubles. This is clear from the results of a study by the consulting firm Strategy Partners.
Total revenues of Russian suppliers increased year-on-year by 78% to 53 billion rubles. The share of Russian suppliers in the domestic market for the first time exceeded 50% and rose to 52%, while in 2021 it stood at 8%.
The infrastructure software market maintains growth potential and has not reached the level of 2020-2021. Experts predict market growth of 15% annually until 2030. The business growth rate in this segment will reach 25% year-on-year and the share of Russian suppliers in the domestic market will increase to 90%.
Author:
Kirill Bilyk
Source: RB
I am a professional journalist and content creator with extensive experience writing for news websites. I currently work as an author at Gadget Onus, where I specialize in covering hot news topics. My written pieces have been published on some of the biggest media outlets around the world, including The Guardian and BBC News.
