Last year witnessed the continuation of the steady growth of the Russian gaming market, which reached $1.3 billion in turnover, up 16% from 2011, according to a report released last week by Mail.Ru Group, a leading Russian Internet group. The growth of the gaming market is driven mostly by the online segment, the research points …
Report: Gaming market in Russia reached $1.3 billion in 2012 Read More
The microelectronics industry in Russia has been receiving quite a lot of attention recently with growing realization that intensive industry development is crucial to achieve import substitution and eventually compete in the international market. At the conference that took place recently in Zelenograd as part of SEMICON Russia 2013, which is devoted to the development …
Microelectronics in Russia: Market participants expect positive growth trends Read More
There were slightly over one million LTE subscribers in Russia as of April 2013, Artyom Kuznetsov, a spokesman for Sweden’s Ericsson, told the Russian news agency RIA Novosti last week. Earlier this year, the consultancy firm J’son & Partners estimated the number of LTE subscribers in Russia to have been “around 500,000 to 750,000” at …
Kaspersky Lab, a Russian IT security solution developer operating internationally, has released a report showing that 59.6% of the websites visited by Russian children are social networking sites, which is the highest percentage in the world. According to the data obtained from Kaspersky Lab’s “Parental Control” module, the second place in this rating goes to e-commerce websites, …
Russian children attracted by social networking, online shopping and pornography Read More
The Russian market for online airline ticket sales has grown to a whopping $3 billion, according to the general manager of online travel agency Biletix.ru, Alexander Sizintsev. This distribution channel currently accounts for 15 to 20% of all the plane tickets sold in the country, RIA Novosti reported last week. About 40% of the plane …
Online plane ticket sales in Russia have reached $3 billion per year Read More
According to the Mail.ru Group, Russian-speaking Internet users across the CIS (excluding Ukraine) spent a whopping 40.8 billion roubles ($1.3 billion) on online games. The amount factors in purchasing game time/subscription to games and acquiring artifacts, levels, etc. The figure has propelled the market to a position ahead of the film industry, which had total box …
Last week, RVC, the national fund of funds dedicated to innovation, and PWC presented a report about the Russian VC market in 2012. While in 2011 the total amount of deals reached approximately $400 million, the market more than doubled in 2012, reaching $910.6 million. The figure includes only those deals which have been made …
Russia’s venture market doubled in 2012, but angel investing still lacked maturity Read More
Earlier this month, Yandex released a report which compiled data from various sources on Internet trends across the country. The report’s insights on Internet access in the regions are particularly interesting. The Internet audience continues to grow across the country, notes Yandex, but the rate of growth is slowing: from autumn 2011 through autumn 2012, …
Facebook has augmented its base of mobile game developers by a hearty 17 times over the past six months, and the social network spends “more time with app developers in Russia than in any other country,” said Julien Codorniou, the head of partnerships at Facebook EMEA (Emerging Markets in Europe and Asia). In an exchange …
Facebook’s Codorniou: Russia’s mobile game advance “is virtually a tsunami” Read More
Illustrating the trend of moving online in the Russian advertising market, search engine giant Yandex saw its advertising revenues equal those of First Channel (“Pervyi Telekanal”), the country’s leading TV channel, for the first time last year. According to First Channel’s annual financial results released earlier this week, the TV channel generated 28.2 billion rubles …
Yandex equals Russia’s first TV channel in advertising revenues Read More
According to the Moscow-based consultancy J’son & Partners, the mobile game market in Russia will grow from $392 million in 2012 to an estimated $707 million in 2016. The number of mobile game players is also expected to increase from 38.6 million at the end of 2012 to 65.1 million in 2016. This is almost …
Value added and multimedia services continue to develop in Russia. Telecom carriers seek for opportunities to offer bundles, including pay TV and mobile internet, which allow for both increase ARPU and reduce churn. Among other important segments of the mobile VAS and multimedia market last year were SMS payments and ringback tones, which will be …
Mobile internet and VAS to expand in Russia in 2013-2014 Read More
