According to “Research and Markets” forecasts Ukrainian Internet communications market will reach 52,4 billion UAH in 5 years. Due to the company’s researches the market will grow year to year approximately on 4,3% which is to bring overall income of more than 100 billion UAH  to data services during 5 years.

Forecasts of the company “Research and Markets”, which analyzed situation on the Ukrainian market of Internet communications, proved to be quite reassuring.  Thus till the end of this year the market should reach 42,5 billion UAH. This means 8% growth in comparison with the previous year. However, do not rejoice too early as the projected growth rate will fall slightly. During the 2012-2017 period the market will grow at an encouraging rate, which on average will be over 4% growth per year and the market will reach yearly turnover of 52,4 billion UAH.

The researchers note that generally market development is being provided by a broadband Internet, while mobile Internet market is also gradually increasing though not so rapidly.104 billion UAH Ukrainian data services will bring in a five-year plan for 2012-2017 period. We can only hope that if the experts were wrong, it is only in the direction of even higher growth rates.

Based on  E-COMMERCE.COM.UA report