Ukraine is predicted to fall in exports of IT services,
The domestic IT sector ranks second in the overall structure of Ukrainian exports.
Ukrainian exports of IT services in 2024 will decrease to 6% and could amount to $6.4 billion. Thus, for the second year in a row, the technology industry will not show growth compared to last year. This is stated in the IT Research Ukraine 2024 study conducted by the Lviv IT cluster.
“Even under an optimistic scenario at the end of 2024, the decrease in volumes will be at least 4% compared to 2023. And under a pessimistic scenario, this figure will reach 6%. That is, in the end we should expect $6.3-6.45 billion,” it says research.
At the same time, despite the challenges of a full-scale war, the technology industry remains one of the key ones in the Ukrainian economy and provides…