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Current State of Tech Market in Ukraine

The tech market in Ukraine has experienced significant growth over the recent years, with the most active dynamics over the past 5 years. In March 2023, the IT export volume increased by 9.7%. This brought $53 million more to the Ukrainian budget compared to February. In addition, these indicators are 15% or $79 million higher compared to March 2022. By 2025, the number of IT individual entrepreneurs is predicted to rise to 347,000.

More than half of DeepTech and AI Industry companies (52%) are engaged in Software & Services, as of Q3 2023. It is followed by Internet Media & Services with the share of about 10%. Nearly one-fifth of companies work in EdTech, HealthTech, Industrial IoT, E-Commerce, GovTech, and Defence.


Exports of the Ukrainian IT industry in 2022; 5.8% growth compared to 2021


 is the overall increase in the value of Ukrainian startups over five years


Volume of VC and PE investments in 2022; 6% growth compared to 2021


amount of taxes and fees paid by the IT business in 2022, which is more than year before


DeepTech and AI Industry in Ukraine 2023

560 Companies
260 Investors
40 Hubs

Key Parameters

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Key Parameters

Infographic Summary

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Industry Market Share in Q3 2023

Industry Funding

Value in the Artificial Intelligence Market


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AI Industry Global Economy Size Preliminary Assessment

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Global AI Industry
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