Sectorial Brochure IT Sector of Armenia/ BA - Page 2

INNOVATIVE TECHNOLOGIES INDUSTRY IN ARMENIA KEY FACTS IT and high-tech industry leader in the region 64.8% of the ICT sector is exported to USA, Canada and Europe More than 150 new startups emerged in 2017 Domestic market grew 5 times in 2017 compared with 2010 Export increased 6 times in 2017 compared with 2010 1