We conducted an in-depth analysis of Armenia's information technology (IT) sector to create a detailed industry profile. The study aimed to assess the current state and recent developments in the IT industry, focusing on key areas like market dynamics, key players, workforce, education, and policy.
For Market Dynamics, we analyzed market size, growth trends over the past five years, and provided future projections. The Key Players analysis identified major IT companies, their service focus, technologies, and talent strategies. The Workforce review included the size of the IT labor pool, salary trends, and recruitment channels. In Education, we mapped institutions, graduate numbers, and industry-academia links. The Policy review examined tax conditions, legal frameworks for international companies, and government initiatives supporting the IT sector. This analysis provided insights into the strengths, challenges, and growth opportunities within Armenia’s IT industry.