| Product Code: ETC6161019 | Publication Date: Sep 2024 | Updated Date: Oct 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Dhaval Chaurasia | No. of Pages: 75 | No. of Figures: 35 | No. of Tables: 20 |
1 Executive Summary |
2 Introduction |
2.1 Key Highlights of the Report |
2.2 Report Description |
2.3 Market Scope & Segmentation |
2.4 Research Methodology |
2.5 Assumptions |
3 Armenia IT Outsourcing Market Overview |
3.1 Armenia Country Macro Economic Indicators |
3.2 Armenia IT Outsourcing Market Revenues & Volume, 2021 & 2031F |
3.3 Armenia IT Outsourcing Market - Industry Life Cycle |
3.4 Armenia IT Outsourcing Market - Porter's Five Forces |
3.5 Armenia IT Outsourcing Market Revenues & Volume Share, By Service Model, 2021 & 2031F |
3.6 Armenia IT Outsourcing Market Revenues & Volume Share, By Organization Size, 2021 & 2031F |
3.7 Armenia IT Outsourcing Market Revenues & Volume Share, By End User, 2021 & 2031F |
4 Armenia IT Outsourcing Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing demand for cost-effective IT solutions globally, leading companies to outsource to Armenia for its competitive pricing. |
4.2.2 Availability of a skilled workforce in Armenia with expertise in various IT domains, attracting companies looking for quality IT services. |
4.2.3 Favorable government policies and incentives promoting IT outsourcing in Armenia, fostering market growth. |
4.3 Market Restraints |
4.3.1 Intense competition from other outsourcing destinations such as India, Eastern Europe, and Southeast Asia, posing a challenge to Armenia's market share. |
4.3.2 Political instability in the region impacting investor confidence and potential business partnerships. |
5 Armenia IT Outsourcing Market Trends |
6 Armenia IT Outsourcing Market, By Types |
6.1 Armenia IT Outsourcing Market, By Service Model |
6.1.1 Overview and Analysis |
6.1.2 Armenia IT Outsourcing Market Revenues & Volume, By Service Model, 2021- 2031F |
6.1.3 Armenia IT Outsourcing Market Revenues & Volume, By Software as a Service (SaaS), 2021- 2031F |
6.1.4 Armenia IT Outsourcing Market Revenues & Volume, By Platform as a Service (PaaS), 2021- 2031F |
6.1.5 Armenia IT Outsourcing Market Revenues & Volume, By Infrastructure as a Service (IaaS), 2021- 2031F |
6.2 Armenia IT Outsourcing Market, By Organization Size |
6.2.1 Overview and Analysis |
6.2.2 Armenia IT Outsourcing Market Revenues & Volume, By Small and Medium-sized Enterprises, 2021- 2031F |
6.2.3 Armenia IT Outsourcing Market Revenues & Volume, By Large Enterprises, 2021- 2031F |
6.3 Armenia IT Outsourcing Market, By End User |
6.3.1 Overview and Analysis |
6.3.2 Armenia IT Outsourcing Market Revenues & Volume, By BFSI, 2021- 2031F |
6.3.3 Armenia IT Outsourcing Market Revenues & Volume, By Healthcare, 2021- 2031F |
6.3.4 Armenia IT Outsourcing Market Revenues & Volume, By Media and Telecommunications, 2021- 2031F |
6.3.5 Armenia IT Outsourcing Market Revenues & Volume, By Retail and E-commerce, 2021- 2031F |
6.3.6 Armenia IT Outsourcing Market Revenues & Volume, By Manufacturing, 2021- 2031F |
6.3.7 Armenia IT Outsourcing Market Revenues & Volume, By Others, 2021- 2031F |
7 Armenia IT Outsourcing Market Import-Export Trade Statistics |
7.1 Armenia IT Outsourcing Market Export to Major Countries |
7.2 Armenia IT Outsourcing Market Imports from Major Countries |
8 Armenia IT Outsourcing Market Key Performance Indicators |
8.1 Average project turnaround time, indicating efficiency and responsiveness of Armenian IT outsourcing firms. |
8.2 Employee satisfaction rate, reflecting the quality of the workforce and its impact on service delivery. |
8.3 Number of new technology adoption initiatives, showcasing the market's ability to stay competitive and offer innovative solutions. |
8.4 Client retention rate, demonstrating the ability of Armenian IT outsourcing firms to meet client expectations and maintain long-term relationships. |
9 Armenia IT Outsourcing Market - Opportunity Assessment |
9.1 Armenia IT Outsourcing Market Opportunity Assessment, By Service Model, 2021 & 2031F |
9.2 Armenia IT Outsourcing Market Opportunity Assessment, By Organization Size, 2021 & 2031F |
9.3 Armenia IT Outsourcing Market Opportunity Assessment, By End User, 2021 & 2031F |
10 Armenia IT Outsourcing Market - Competitive Landscape |
10.1 Armenia IT Outsourcing Market Revenue Share, By Companies, 2024 |
10.2 Armenia IT Outsourcing Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |
Export potential enables firms to identify high-growth global markets with greater confidence by combining advanced trade intelligence with a structured quantitative methodology. The framework analyzes emerging demand trends and country-level import patterns while integrating macroeconomic and trade datasets such as GDP and population forecasts, bilateral import–export flows, tariff structures, elasticity differentials between developed and developing economies, geographic distance, and import demand projections. Using weighted trade values from 2020–2024 as the base period to project country-to-country export potential for 2030, these inputs are operationalized through calculated drivers such as gravity model parameters, tariff impact factors, and projected GDP per-capita growth. Through an analysis of hidden potentials, demand hotspots, and market conditions that are most favorable to success, this method enables firms to focus on target countries, maximize returns, and global expansion with data, backed by accuracy.
By factoring in the projected importer demand gap that is currently unmet and could be potential opportunity, it identifies the potential for the Exporter (Country) among 190 countries, against the general trade analysis, which identifies the biggest importer or exporter.
To discover high-growth global markets and optimize your business strategy:
Click Here