Find stats on top websites
Industry Landscape
The web hosting and cloud computing industry is experiencing significant growth, driven by increasing digitalization, remote work, and e-commerce. Cloud services, especially IaaS and PaaS, are expanding rapidly, offering scalable and flexible solutions. Competition is high, with providers focusing on specialized services, performance, security, and customer support to differentiate.
Total Assets Under Management (AUM)
Cloud Infrastructure Services Market Size in Russia
~Approximately 1.5 billion USD (2023 estimate)
(20-25% CAGR)
Growth driven by demand for IaaS and PaaS. Increased adoption by SMBs and enterprises. Focus on data localization and security within the region.
Total Addressable Market
2.5 billion USD
Market Growth Stage
Pace of Market Growth
Emerging Technologies
Edge Computing
Processing data closer to the source of generation, reducing latency and bandwidth usage, which is crucial for real-time applications and IoT.
Serverless Computing (Function-as-a-Service)
Allows developers to build and run applications without managing servers, optimizing resource utilization and cost for event-driven architectures.
AI/ML Operations (MLOps)
The operationalization of machine learning models within cloud infrastructure, enabling scalable and efficient deployment of AI-powered services.
Impactful Policy Frameworks
Federal Law 'On Personal Data' (No. 152-FZ, 2006, as amended)
Requires personal data of Russian citizens to be stored and processed within Russia, with recent amendments strengthening enforcement and expanding data localization requirements.
REG.RU must ensure all personal data handling complies with strict localization and processing rules, potentially requiring investment in local data centers.
Digital Economy of the Russian Federation National Program (2017 onwards)
A broad governmental initiative aiming to boost digitalization across various sectors, including promoting cloud technologies and developing domestic IT infrastructure.
REG.RU benefits from government support for digital transformation but also faces pressure to align with national digital infrastructure goals and compete with state-backed initiatives.
Law 'On the Protection of Information and Information Technologies' (No. 149-FZ, 2006, as amended)
Governs information security, including requirements for critical information infrastructure and the use of certified hardware/software for certain data categories.
REG.RU needs to adhere to stringent information security standards and potentially use certified Russian solutions for critical infrastructure and sensitive data, increasing compliance costs.
Transform Your Ideas into Action in Minutes with WaxWing
Sign up now and unleash the power of AI for your business growth
