How big is the Russia ICT Market?

The Russia ICT Market size is expected to reach USD 38.95 billion in 2024 and grow at a CAGR of 8.54% to reach USD 58.59 billion by 2029. Read More

What is the current Russia ICT Market size?

In 2024, the Russia ICT Market size is expected to reach USD 38.95 billion. Read More

Who are the key players in Russia ICT Market?

Kaspersky Lab, Tencent Holdings Ltd., Huawei Technologies Co., Orange S.A. and Tele2 Russia International Cellular B V are the major companies operating in the Russia ICT Market. Read More

What years does this Russia ICT Market cover, and what was the market size in 2023?

In 2023, the Russia ICT Market size was estimated at USD 35.62 billion. The report covers the Russia ICT Market historical market size for years: 2019, 2020, 2021, 2022 and 2023. The report also forecasts the Russia ICT Market size for years: 2024, 2025, 2026, 2027, 2028 and 2029. Read More

Russia ICT Market Share

Statistics for the 2023 & 2024 Russia ICT market share, created by Mordor Intelligence™ Industry Reports. Russia ICT share report includes a market forecast to 2029 and historical overview. Get a sample of this industry share analysis as a free report PDF download.

Market Share of Russia ICT Industry

The Russian ICT market is semi-consolidated as it has several key players constantly making efforts to introduce advancements. A few prominent companies are entering into collaborations and expanding their footprints in developing regions to consolidate their positions in the market.

December 2023: Exved unveiled a new electronic system based on USDT specifically tailored for cross-border payments, leveraging the Tether (USDT) stablecoin. This move aimed to offer Russian importers and exporters a streamlined and cost-efficient avenue for global transactions.