In recent years, the IT sector in Georgia has grown significantly, establishing itself as one of the fastest-developing industries. It not only occupies a larger share of the economy but is also diversifying and expanding in various directions. This report presents an analysis of the IT sector in three key areas. First, it examines the sector’s growth dynamics and main indicators. Next, it explores the factors driving its development. Finally, the concluding section analyzes the characteristics of IT professionals in Georgia. The report is based on official statistics (Geostat and Statista), author’s calculations and interviews with sector representatives. The indicators related to IT employment profiles have been derived from Geostat’s survey database, “Information and Communication Technologies Usage in Households”.
Although the primary goal of this study is a focused analysis of the IT sector, due to existing statistical limitations, in some cases, the report includes aggregated data covering various ICT fields (with relevant clarifications provided on corresponding pages). One of the reasons for sector growth is the entry of international companies and workforce, primarily linked to the geopolitical environment. According to market representatives, this not only increases competition for local players but also creates new opportunities.
Digital Ecosystem Digest is a quarterly electronic research report issued by the BTU Center for Entrepreneurship. The report reviews current technological and innovative trends in various sectors of the digital economy of Georgia and covers topics such as: AI, startups in digital business, e-commerce markets, digital platforms (B2B, B2C , C2C), fintech, etc. The purpose of the report is both to consolidate existing information and to generate new practical knowledge about the digital economy. Each research report will be co-authored by different researchers. The current edition is authored by BTU academic affiliate staff Tsotne Zhghenti.