Features of the Development of the National IT market as Part of the Global Information Space

Abstract

The publication considers the main features of the formation of the information space of the present day, considers the features of information services and trends in the development of the IT market. The global information technology market is characterized by a high level of competition, which encourages IT companies operating in this market to use all available marketing means in order to withstand the constantly growing competition. In the context of activities in the global information technology market, effective marketing communication activities are of major importance, which is the key to ensuring the competitiveness of an IT company for successful operation in this highly competitive market. It is specified that the IT market is one of the elements of the formation of a modern high-tech market in Ukraine. In a broad sense, IT covers all areas of transfer, storage and perception of information. At this, IT is often associated with computer technology, and this is no coincidence: the advent of computers has brought IT to a new level. Further on, the basis of IT is the technology of processing, storing and perceiving information. The main trends in the development of the IT market have been identified, which include: competence (Ukraine has highly qualified specialists in the field of programming, software testing, data analysis and other related fields); competitiveness (Ukrainian IT companies provide quality services at more reasonable prices compared to developed countries of the West); speed of development (the IT industry in Ukraine is developing rapidly and growing, which makes it possible to be on the way to technological leadership); the presence of a startup ecosystem (Ukraine has an active startup ecosystem that promotes the creation and development of young technology companies); geographical location (Ukraine is in a convenient geographical position for cooperation with Europe and the United States, which makes it easy to enter the world market). It is concluded that one of the key factors for success is to ensure a favorable business climate in Ukraine, which depends on government policy, legislation and infrastructure.