Description

The Russian ICT industry has achieved high double-digit growth rates from 2001 to 2005 at the back of robust economic growth, greater political stability, an expanding consumer base, and increasing foreign investments. With a contribution of 3.8 percent of GDP in 2006, it is a strong generator of economic growth and employment in Russia and increasingly an attractive investment destination for global investors.This research service focuses on the current economic framework of Russia and its impact on the country’s ICT industry. In addition, detailed analysis has been done on the performance of the various segments of the Russian ICT industry from 2001 to 2006 as well as forecasts for emerging growth opportunities for the period 2007-2010.