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Booming Industry: The Russian software services market is expected to reach $3.88 billion by 2028, growing at a steady 1.45% CAGR. This growth is fueled by increasing digitalization efforts across various sectors.
Government Procurement: The Russian government plays a significant role in the software services market, with procurement spending reaching $1.56 billion in 2023. This is projected to grow to $2.25 billion by 2028, highlighting the government's commitment to technological advancement.
Procured Products and Services: The government primarily procures software for enterprise resource planning (ERP), customer relationship management (CRM), business intelligence (BI), supply chain management (SCM), and content management (CM). Additionally, services like IT consulting, system integration, and software development are in high demand.
Top Procurement Authorities: The Ministry of Digital Development, Communications, and Mass Media and the Ministry of Industry and Trade are the key authorities responsible for software services procurement in Russia.
Leading Players: Major players like Yandex, IBS Group, Softline, CROC, and Sberbank-Technology consistently win government contracts for software services. Their expertise and experience in catering to government needs make them the preferred choices.
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