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Ukraine’s IT sector amid global turbulence: economic challenges, adaptation strategies, and development prospects

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Observational analysis reveals Ukraine’s IT sector’s resilience amid global challenges, suggesting potential for growth.

The IT sector in Ukraine remains resilient, generating substantial foreign currency revenues despite ongoing challenges.
Key issues impacting the sector include reduced international demand and contraction of venture capital investment.
Adaptation strategies implemented include remote work and transition from service-based to product-oriented models.
Potential for integration into global digital value chains highlights the sector's long-term growth prospects.

Kutsyk et al. (2025) studied this question.

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