DIGITAL TIGER 2024 — Overview of Ukraine’s IT Market
The “Digital Tiger 2024” study, conducted by the IT Ukraine Association in collaboration with Top Lead, offers a clear insight into the current state of Ukraine’s IT industry. This annual report demonstrates the significance of the IT sector to the country’s economy and how Ukrainian companies collaborate with partners globally.
The research covers:
| Contribution to the economy | The IT sector plays a significant role in Ukraine’s economy. The materials show the percentage of GDP generated by IT and the share of exports from this industry. This highlights the importance of technology as a driver of economic growth. |
| Export geography and key partners | Ukrainian IT companies actively operate in international markets. The main export destinations are the USA, the United Kingdom, Germany, Israel, Switzerland, and Poland. This includes an analysis of the geography of IT exports and identifies countries importing Ukrainian services. |
| Company performance | The study provides data on the revenues of IT companies, their tax contributions, and examines examples of the largest market players. These data help understand how companies perform financially and which businesses are leaders. |
| Investment climate | The research materials cover the importance of investments in the industry. They also examine mergers and acquisitions, indicating the confidence of both Ukrainian and foreign investors in the technology sector. |
| Startups and innovations | One of the interesting aspects is the development of the startup ecosystem. The materials discuss the growing number of new IT companies, fostering a healthy environment for innovation, new jobs, and further industry development. |
| Specialists and the labor market | A separate section of the report is dedicated to IT specialists. It examines the social and professional aspects of their work, analyzes salary trends, including data on executive salaries in 2024. This helps assess the state of the labor market and prospects for professional growth. |
Why is this research significant?
In simple terms, “Digital Tiger 2024” confirms that Ukraine’s IT market is on the rise. The report highlights that both large companies and startups contribute to creating a dynamic and competitive technological environment, which benefits both the country and its international partners.
If you’re interested in investing, working in IT, or simply want to learn more about technology, this study is an excellent source of information.
For more detailed information, review the full “Digital Tiger 2024” report, prepared by IT Ukraine Association and Top Lead.
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