About IT Outsourcing Market in Belarus
Belarus is often considered as the final frontier of Europe. The privatization that has taken place in the country in recent times has led to a wave of investment. The Belarusian government has implemented initiatives and enhanced the country’s investment competitiveness and taxation conditions. The government has introduced a number of measures such as tax and custom benefits in tech parks, which offer good investment opportunities for foreign investors. In addition, efforts regarding simplifying regulations and reduction in administrative barriers attract increasing number of foreign companies. The country is strategically located in Europe and its advantageous economic and geographical location, developed transportation, logistics, and manufacturing base makes it a favorable location for IT outsourcing.
TechNavio's analysts forecast the IT Outsourcing market in Belarus will grow at a CAGR of 17.78 percent over the period 2013-2018.
Covered in this Report
The IT Outsourcing market in Belarus discusses the attractiveness of the market in the country. The report contains of all the important information regarding the economic system and the aspects related to doing business in the country. It includes the various economic forces that affect the IT Outsourcing industry such as currency and tax laws. The report also compares Belarus with other popular IT outsourcing destinations.
TechNavio's report, the IT Outsourcing Market in Belarus 2014-2018, has been prepared based on an in-depth market analysis with inputs from industry experts. It covers the IT Outsourcing market in Belarus landscape and its growth prospects in the coming years. The report also includes a discussion of the key vendors operating in this market.
Key Vendors
• EPAM Systems
• IBA Group
• Intetics Co.
• Itransition
Other Prominent Vendors
• Byelex Multimedia Products BV
• Compit Developer Systems Ltd.
• Gersis Software LLC
• INIS-SOFT, Research and Production LLC
• JV ERPBEL
• Marco LLC
• Navagate Inc.
• Profiserv Ltd.
• SoftClub Ltd.
Key Market Driver
• Strategic Location of the Country.
• For a full, detailed list, view our report.
Key Market Challenge
• Political Unrest in the Country.
• For a full, detailed list, view our report.
Key Market Trend
• Increasing Outsourcing from Western European Countries.
• For a full, detailed list, view our report.
Key Questions Answered in this Report
• What will the market size be in 2018 and what will the growth rate be?
• What are the key market trends?
• What is driving this market?
• What are the challenges to market growth?
• Who are the key vendors in this market space?
• What are the market opportunities and threats faced by the key vendors?
• What are the strengths and weaknesses of the key vendors?
You can request one free hour of our analyst’s time when you purchase this market report. Details are provided within the report.
01. Executive Summary
02. List of Abbreviations
03. Scope of the Report
03.1 Market Overview
03.2 Product Offerings
04. Market Research Methodology
04.1 Market Research Process
04.2 Research Methodology
05. Introduction
06. Country Profile - Belarus
06.1 Geography
06.2 People and Language
06.3 Economic Indicators
06.4 Communication Facilities in Belarus
07. Doing Business in Belarus
07.1 Key Indicators
07.2 Tax and Custom Benefits
08. Market Landscape
08.1 Market Overview
08.1.1 Infrastructure outsourcing:
08.1.1.1 Application Outsourcing:
08.2 State of IT Market in Belarus
08.2.1 Technology Parks
08.3 Market Size and Forecast
09. Exchange Rates Impact on IT Outsourcing in Belarus
10. Pros and Cons of Belarus Outsourcing Industry
11. Comparative Study of Popular Outsourcing Destinations
12. PEST Analysis
12.1 Five Forces Analysis
13. Pillars of IT Outsourcing Industry in Belarus
13.1 Education System of Belarus
13.2 Talent Pool of the Country
13.3 Government Initiatives taken by the Belarus Government
13.3.1 IT country Project
13.4 Low Cost of Services
14. Buying Criteria
15. Market Growth Drivers
16. Drivers and their Impact
17. Market Challenges
18. Impact of Drivers and Challenges
19. Market Trends
20. Trends and their Impact
21. Vendor Landscape
21.1 Market Share Analysis 2013
21.2 Other Prominent Vendors
22. Key Vendor Analysis
22.1 EPAM Systems
22.1.1 Business Overview
22.1.2 Business Solutions
22.1.3 Key Information
22.1.4 SWOT Analysis
22.2 IBA Group
22.2.1 Business Overview
22.2.2 Business Solutions
22.2.3 Key Information
22.2.4 SWOT Analysis
22.3 Itransition
22.3.1 Business Overview
22.3.2 Business Solutions
22.3.3 Key Information
22.3.4 SWOT Analysis
22.4 Intetics Co.
22.4.1 Business Overview
22.4.2 Business Solutions
22.4.3 Key Information
22.4.4 SWOT Analysis
23. Other Reports in this Series
List of Exhibits
Exhibit 1: Market Research Methodology
Exhibit 2: Workforce Distribution by Key Industry Segments 2013
Exhibit 3: Key Economic Indicators
Exhibit 4: GDP of Belarus at Current Prices in US$ billion
Exhibit 5: Key Communication Indicators of Belarus
Exhibit 6: Doing Business Indicators
Exhibit 7: Doing Business Ranking Indicators
Exhibit 8: Doing Business DTF Indicators
Exhibit 9: Time and Cost Associated for Starting a Business in Belarus
Exhibit 10: Outsourcing Industry Overview
Exhibit 11: Outsourcing Industry: Belarus
Exhibit 12: Technology Parks in Belarus
Exhibit 13: IT Outsourcing market in Belarus 2013-2018 (US$ million)
Exhibit 14: Exchange Rate Comparison of Different Countries with respect to US$
Exhibit 15: Comparative Study of Top 5 Outsourcing Destinations
Exhibit 16: Belarus: Number of Students per 10,000 People
Exhibit 17: Number of Students per 10,000 People of Different Countries in 2013
Exhibit 18: Number of IT Professionals in Different Countries, 2013
Exhibit 19: Government Initiatives
Exhibit 20: Hourly rate of IT Professionals in Different Countries (US$), 2013
Exhibit 21: Strategic Business Location of Belarus
Exhibit 22: Business Solutions: EPAM Systems Inc.
Exhibit 23: Business Solutions: IBA Group
Exhibit 24: Itansition - Segmentation by Domains
Exhibit 25: Itansition - Segmentation by Services
Exhibit 26: Business Solutions: Intetics Co.
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