Industry Statistics and Rankings
How does this industry perform in Russia compared to Europe?
Country Benchmarking
Industry Data Russia
Ranking are out of 37 European countries for which IBISWorld provides country-level factsheets.
Revenue
#12 In EuropeBusiness
#3 In EuropeEmployees
#3 In EuropeWages
#17 In EuropeThe Software Development in Russia ranks 12nd in Europe with regards to its 2024 revenue (€7.5bn). Revenue received by operators in Russia has been low in volatility over the past five-year period, with the average annual change in revenue (14.6 %) most comparable to...
Enterprises
Number of businesses in 2024
Revenue per Enterprise
Value (€ Million) in 2024
Top Questions Answered in this Report
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What is the market size of the Software Development industry in Russia in 2024?
The market size of the Software Development industry in Russia is €7.5bn in 2024.
How many businesses are there in the Software Development in Russia industry in 2024?
There are 50,802 businesses in the Software Development industry in Russia, which has grown at a CAGR of 5.8 % between 2019 and 2024.
Has the Software Development industry in Russia grown or declined over the past 5 years?
The market size of the Software Development industry in Russia has been declining at a CAGR of 14.6 % between 2019 and 2024.
What is the forecast growth of the Software Development industry in Russia over the next 5 years?
Over the next five years, the Software Development industry in Russia is expected to grow.
What does the Software Development in Russia include?
Systems software and Application software are part of the Software Development industry.
How competitive is the Software Development industry in Russia?
The level of competition is moderate and steady in the Software Development industry in Russia.
Related Industries
This industry is covered in 37 countries
Domestic industries
Competitors
Complementors
- Computer & Peripheral Equipment Manufacturing in Russia
- Computer, Peripheral Equipment & Software Wholesaling in Russia
- Computer Consultants in Russia
Table of Contents
About this industry
Industry definition
Industry participants develop and adapt software, which includes writing, modifying and supporting computer code, databases and webpages. Developers also customise software so that it is functional within clients’ information system environment and offer select after-sale services.
What's included in this industry?
Systems softwareApplication softwareSupport servicesIndustry Code
6201 - Computer programming activities in Russia
Performance
Revenue Highlights
Trends
- Revenue
- 2024 Revenue Growth
- Revenue Volatility
Employment Highlights
Trends
- Employees
- Employees per Business
- Revenue per Employee
Business Highlights
Trends
- Businesses
- Employees per Business
- Revenue per Business
Current Performance
Charts
- Revenue in the Software Development in Russia
- Employees in the Software Development in Russia
- Business in the Software Development in Russia
- Profit in the Software Development in Russia
Current Performance
Analysis
How does this country's performance compare to Europe?
Life Cycle
Charts
- Industry Life Cycle Matrix
Products and Markets
Highlights
Trends
- Largest Market
- Product Innovation
International Trade
Heat maps
- Industry Concentration of Imports by Country
- Industry Concentration of Exports by Country
Competitive Forces
Highlights
Trends
- Concentration
- Competition
- Barriers to Entry
- Substitutes
- Buyer Power
- Supplier Power
ANALYSIS
What is the competitive landscape in Europe?
External Environment
Highlights
Trends
- Regulation & Policy
- Assistance
Key Takeaways
Opportunities remain for small companies. Small software development businesses will flood the market in the coming years to take advantage of market niches, raising competitive pressures.
External Drivers
Analysis
What demographic and macroeconomic factors impact the Software Development in Russia industry?
Financial Benchmarks
Highlights
Trends
- Profit Margin
- Average Wage
- Largest Cost
Key Takeaways
Labour costs are high. Software development companies require specialised staff to conduct highly skilled and labour-intensive coding and testing tasks. The majority of workers have advanced qualifications so take-home big salaries.
Cost Structure
Charts
- Share of Economy vs. Investment Matrix
-
Industry Cost Structure Benchmarks:
- Marketing
- Depreciation
- Profit
- Purchases
- Wages
- Rent
- Utilities
- Other
Analysis
What trends impact cost in the Software Development in Russia industry?
Key Ratios
Data tables
- IVA/Revenue (2014-2029)
- Imports/Demand (2014-2029)
- Exports/Revenue (2014-2029)
- Revenue per Employee (2014-2029)
- Wages/Revenue (2014-2029)
- Employees per Establishment (2014-2029)
- Average Wage (2014-2029)
Country Benchmarks
European Leaders & Laggards
Data Tables
Top and boottom five countries listed for each:
- Revenue Growth (2024)
- Business Growth (2024)
- Job Growth (2024)
European Country Performance
Data Tables
Rankings available for 37 countries. Statistics ranked include:
- IVA/Revenue (2024)
- Imports/Demand (2024)
- Exports/Revenue (2024)
- Revenue per Employee (2024)
- Wages/Revenue (2024)
- Employees per Establishment (2024)
- Average Wage (2024)
Structural Comparison
Data Tables
Trends in 37 countries benchmarked against trends in Europe
- Concentration
- Competition
- Barriers to Entry
- Buyer Power
- Supplier Power
- Volatility
- Capital Intensity
- Innovation
- Life Cycle
Key Statistics
Industry Data
Data Tables
Including values and annual change:
- Revenue (2014-2029)
- IVA (2014-2029)
- Establishments (2014-2029)
- Enterprises (2014-2029)
- Employment (2014-2029)
- Exports (2014-2029)
- Imports (2014-2029)
- Wages (2014-2029)
Methodology
Where does IBISWorld source its data?
IBISWorld is a world-leading provider of business information, with reports on 5,000+ industries in Australia, New Zealand, North America, Europe and China. Our expert industry analysts start with official, verified and publicly available sources of data to build an accurate picture of each industry.
Each industry report incorporates data and research from government databases, industry-specific sources, industry contacts, and IBISWorld's proprietary database of statistics and analysis to provide balanced, independent and accurate insights.
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