ArmInfo. According to the results of 2019, the revenue of the field of information and telecommunication technologies (ICT) reached 310 billion drams (about $ 645.2 million), exceeding the indicator of the previous year by 11.8%. This is evidenced by the data of the Statistical Committee of RA.
According to the source, the services sector dominates in the indicated total volume, which accounts for 81.7% or 253.3 billion drams (annual growth of 10.2%), of which the majority is represented by the telecommunications segment - 132.5 billion drams (y-o-y decline of 2.9%), and 114.4 billion drams is IT with y-o-y growth of 30%.
Revenues in the field of ICT in the commercial sector in y-o-y terms increased by 25.6% to 53.4 billion drams. And the smallest part fell to the production segment - only 3.3 billion drams, with a y-o-y decline of 38.8%.
