Top Companies, Export Volumes, Startups, and the Most In-Demand Tech Stacks
[ How the Ukrainian IT Market Changed from 2014 to 2024
About the study
With the onset of the full-scale Russian invasion in 2022, the Ukrainian IT industry experienced a decline in service exports for the first time in a decade. Despite this, the IT sector remains one of the key drivers of Ukraine’s economy and a strategic industry for the country.
AIN analyzed the main trends and key development indicators of the Ukrainian IT sector from 2014 to 2024, including the activities of top companies, the dynamics of IT service exports and future projections, government involvement, changes in venture investments, and the evolution of the most in-demand technology stacks.
Methodology
This study covers the Ukrainian IT sector and its development since 2014. Companies were considered Ukrainian if they were either founded in Ukraine or have development centers in Ukraine with more than 100 employees.
The research utilized data from open sources and various platforms, including DOU, Opendatabot, VKURSI, YouControl, Dealroom, Pitchbook, CBInsights, Clutch, Startupblink, Crunchbase, Lviv IT Cluster, IT Research Ukraine, the National Bank of Ukraine, the State Statistics Service of Ukraine, Dealbook of Ukraine, Inventure, the State Tax Service of Ukraine, YC.Market, and Djinni.
Company count and revenue, IT exports
Number of employees
Labor market in Ukrainian IT
How the Ukrainian IT industry changed
[ from 2014 to 2024
Number of companies
Over ten years, the number of IT companies increased by 41.1%, from 5,633 in 2014 to 7,977 in 2024. The average annual growth rate was 4.5%.
The most significant growth occurred between 2017 and 2019, with an average annual increase of 14.7%. However, the COVID-19 pandemic slowed this trend, with growth rates of 4.6% in both 2020 and 2021.
Following Russia’s full-scale invasion of Ukraine, the IT industry saw its sharpest decline in a decade, with a 25.7% drop in 2022. However, in 2023, the number of IT companies rebounded by 21.25%.
In 2024, the number of IT companies remained relatively stable, increasing by only 0.4%. Nevertheless, it has yet to recover to pre-pandemic levels seen in 2019 and 2021.
LENOVO
Taras Dzhamalov
General Manager of Lenovo in Ukraine
Research shows that the Ukrainian IT industry demonstrates remarkable flexibility and adaptability: over the past 10 years, the number of companies in the industry has grown by 41%, with 93% of them focused on exports. However, in 2023–2024, the market faced new challenges — including slowing global demand, competition from international tech hubs, and a decline in the number of orders.
In this context, artificial intelligence is emerging as a key driver of growth. According to IDC and Lenovo research, global investments in AI are expected to increase by 104% in 2025, with generative AI becoming a core technology for 44% of companies. This is not just another trend — it represents a fundamental shift in business approaches and a transformation of the IT market. Alongside this shift, a new concept is taking shape: the AI economy. For Ukraine, it is crucial not just to keep up with these changes but to actively position itself as a key player in this emerging AI-driven economy. The successful adoption of hybrid AI solutions, the development of robust infrastructure, and the training of skilled professionals will determine the global competitiveness of Ukrainian companies.
At Lenovo, we are actively working on AI computing solutions, data centers, hybrid infrastructure, and high-performance devices that empower businesses to fully harness AI’s potential. On a local level, it is critical to support innovation and invest in technology education to ensure that Ukrainian specialists and companies are not only following global trends but also driving them forward.
According to data from Opendatabot and the State Statistics Service of Ukraine, the number of companies from 2014 to 2024 was as follows:
The overall revenue trends of the largest Ukrainian IT companies generally indicate growth, with a few downturns reflecting broader market conditions:
2014
Six out of eight companies operating at the time saw a slight drop in revenue (LLC “EPAM SYSTEMS”, LLC “GLOBALLOGIC UKRAINE”, LLC “FINTECH BAND”, LLC “CIKLUM”, LLC “Infopulse Ukraine”, LLC “LOHIKA LTD”. This decline was likely due to political instability in Ukraine following Russia’s annexation of Crimea and military invasion.
2020
Several companies experienced a revenue declines in 2020, including LLC “Institute of Information Technologies “Intellias””, LLC “CIKLUM”, LLC “Infopulse Ukraine”, LLC “LOHIKA LTD”, and LLC “SOFTSERVE TECHNOLOGIES”. This was likely caused by the onset of the COVID-19 pandemic and the shift to new work formats, which impacted smaller companies more than industry giants like LLC “EPAM SYSTEMS” and LLC “GLOBALLOGIC UKRAINE”.
2022–2023
Only two out of ten companies — LLC “EPAM DIGITAL” and LLC “Institute of Information Technologies “Intellias”” —saw revenue growth in both 2022 and 2023. The rest faced challenges likely linked to Russia’s full-scale invasion. 2023 was another tough year for the market, with six out of ten companies reporting revenue declines compared to the previous year. The steepest drop was recorded by LLC “EPAM SYSTEMS”, whose revenue fell from $549 million to $331 million, a ~40% decrease.
Top-10 companies by revenue ($ million), Opendatabot, 2023 (exchange rate as of December 31, 2023)
Revenue dynamics of the top 10 Ukrainian IT companies
[ 2013–2023
Largest Ukrainian IT companies (from 1st to 5th place):
*Data: YouControl analytical platform in $ million;
*Conversion of amounts was made at the historical exchange rate of 31.12 of each respective year.
Top 10 companies by revenue, (from 6th to 10th place) $ million, Opendatabot, 2023 (at the dollar exchange rate as of 12/31/2023)
*Data: YouControl analytical platform in $ million;
*Conversion of amounts was made at the historical exchange rate of 31.12 of each respective year.
Number of employees
[ 2014–2023
Overall, the number of employees across all types of NACE increased from 2014 to 2023. The only exception was 2015, when the number of employees decreased by 6,500 people, or 4.5%. The largest growth occurred in 2021, with an increase of 20.7% compared to the previous year. In 2022–2023, the growth rate slowed to about 1% per year. As of 2023, the total number of employees was 321,500.
Number of employees in business entities in Ukraine, including sole proprietors
Among the sole proprietors, the largest number of employees were involved in the following activities: 62.01 Computer programming activities, 62.02 Computer consultancy activities, and 63.11 Data processing, hosting and related activities.
Number of employees in top companies
For most companies, the number of employees increased until 2022. Since the start of the full-scale war, the growth trend has continued for companies like Ajax Systems, Genesis, Autodoc, ALLSTARSIT, and Playtech. However, the number of employees in other companies decreased in 2023–2024.
Companies that maintained growth momentum after the full-scale Russian invasion
EPAM Ukraine
SoftServe
Ajax Systems
The labor market in Ukrainian IT
[ breakdown by tech stacks, seniority levels, job openings, and salaries
Over the past nine years, the distribution of specializations in the IT job market has shifted. In 2015, technical roles accounted for 96% of the workforce, while non-technical roles made up just 4%. By 2024, this ratio had changed to 90% versus 10%, respectively.
The share of developers has also declined — from 61% of all IT professionals in 2015 to 47% in 2024. System administrators have seen a similar trend, dropping from 3% in 2015 to 1% in 2024. Meanwhile, the number of analysts and designers has doubled, rising from 2% to 4%.
The growth of non-technical specialists primarily concerns the dynamics of such specialties as HR specialists (from 2 to 5%) and marketers (from 1 to 2%).
Share of employees in a particular specialty among all employees, %.
Market dynamics by experience level
As of 2024, the share of junior-level IT professionals has declined—from 21.6% in 2015 to 12%.
Job openings for entry-level candidates are also significantly lower compared to positions requiring more experience. For example, in 2015, Junior Software Engineers accounted for a record-high 12.3% of all vacancies. By 2024, their share had fallen to a historic low of 3.7%.
Division of non-technical employees by experience
At the same time, the number of Senior Software Engineers has fluctuated around 11% of the total workforce. In 2015, seniors made up 21.2% of IT professionals, hitting a low of ~15% in 2019, but reaching a record high of 26% in 2024.
Among non-technical professionals, the share of Middle and Senior specialists is growing. By 2024, they comprised 4% and 4.4%, respectively, of the total workforce.
Until 2020, the distribution of QA specialists by experience level remained stable. From 2015 to 2020, Juniors made up an average of ~23.3% (fluctuating by ~2.1%), Middles ~55% (±1.5%), and Seniors ~22% (±1.5%).
However, between 2020 and 2021, the share of Middle and Senior QA specialists shifted to ~43% and ~34%, respectively. After 2022, the number of Junior QA professionals declined, while the Senior segment grew. This trend may indicate both a decreased interest in the profession among newcomers and a longer career tenure for experienced specialists.
Distribution of technical Junior employees by specialty
Distribution of technical Middle managers by specialty
Distribution of technical Senior employees by specialty
Throughout the past decade, HR has consistently been the most in-demand non-technical specialization. In 2015, the Support and Sales sectors ranked second and third among Junior workers (21.7% and 12%, respectively). While the share of these roles has decreased over the years, by 2024, Support specialists still hold the second spot (23.2%), with Marketing & PR taking the third place (22.1%).
Distribution of non-technical Junior employees by specialty
Distribution of non-technical Middle workers by specialty
Distribution of non-technical Senior employees by specialty
Dynamics of median salaries by specialization
The highest growth in median salary was recorded among Data Science specialists: $700 in 2015 compared to $3,200 in 2024, representing a 357% increase over the 10-year period.
The smallest changes were observed among Analysts and DevOps. The median salary for Analysts in 2015 was $1,300, and by 2024, it reached a historical high of $2,200, a 69.2% increase. The median salary for DevOps in 2015 was $2,100, which dropped to a historical low of $2,000 in 2016 and 2017 (a decrease of 4.8%), before reaching a historical high of $3,600 in 2024, reflecting an 80% increase.
Distribution of median salaries by specialty, $
Dynamics of median salaries by experience
The highest growth rates are observed at the Junior and Middle levels of non-technical roles, with an average increase of around 80% over the 10-year period. For technical Junior and Middle employees, salaries grew by about 23% on average over the same period. At the Senior level, there is no significant difference in the growth rate between technical and non-technical roles: growth is 51% for technical employees and 53% for non-technical employees.
Median salary of Junior employees, $
Median salary of Middle employees, $
Median salary of Senior employees, $
Throughout the past decade, HR has consistently been the most in-demand non-technical specialization. In 2015, the Support and Sales sectors ranked second and third among Junior workers (21.7% and 12%, respectively). While the share of these roles has decreased over the years, by 2024, Support specialists still hold the second spot (23.2%), with Marketing & PR taking the third place (22.1%).
Ukrainian IT and western neighbors
It is hard to find another sector in the Ukrainian economy that has shown such growth over the past decade as IT. The export of IT services grew faster than anywhere else, with Lithuania perhaps being the only exception. However, comparing these results with Ukraine’s would be unfair due to the size difference.
The most obvious indicator of impact is the global slowdown in demand. Yaryna Vozniak, Head of Research at the Lviv IT Cluster, notes that 93% of Ukrainian IT companies sell their products to foreign consumers.
Yaryna Vozniak
Head of Research at the Lviv IT Cluster
The industry depends on the financial markets of the U.S., EU, and Asia, where we are seeing a decrease in the availability of free capital, which results in a slowdown in long-term investments
“The industry depends on the financial markets of the U.S., EU, and Asia, where we are seeing a decrease in the availability of free capital, which results in a slowdown in long-term investments”, says Vozniak.
However, IT sectors in other countries continue to grow. For example, the German industry association Bitkom predicts a 5% growth in the sector by 2025, despite the ongoing crisis in the German economic model.
Clearly, the success of German IT professionals is driven by the continued digitalization of the country’s economy and its resilience to external shocks. As Nina Paulsen, spokesperson for Bitkom, explaines, “Growth will come from increased demand within the country”.
However, the difference between Ukraine and other players lies in the trend over the past three years. Since the full-scale invasion, the Ukrainian IT labor market has shifted to an employer’s market. As a result, 77% of specialists surveyed by the Lviv IT Cluster believe that the median salary is unlikely to rise in 2025.
Vozniak points out that this market situation has been in place since late 2022, when the decline in export orders forced companies to make tough decisions about freezing compensation reviews.
Why is it difficult for the industry to cut costs elsewhere? Andrii Brodetskyi, Investment Associate at Horizon Capital, explains:
Andrii Brodetskyi
Investment Associate у Horizon Capital
Typically, salaries represent the largest expense for service companies. For instance, 66–69% of EPAM’s revenue in 2021–2023 went toward salaries and other personnel costs. Currently, demand for IT services and products has decreased. For example, EPAM’s revenue for the first three quarters of 2024 dropped by 1.5% compared to 2023. As a result, there’s a need for optimization.
What has had the biggest impact on the Ukrainian IT market over the last 10 years
Several events have transformed the Ukrainian IT market, including the creation of the special tax regime “Diia.City”, the COVID-19 pandemic (and the resulting shift to remote or hybrid work formats), and the full-scale invasion (employee relocation, office closures due to hostilities and the occupation of certain regions, security challenges in working with international clients, a decrease in IT exports, etc.).
Yurii Antoniuk
Vice President and Head of EPAM in Central and Eastern Europe
“There are also several factors that have contributed to the development of the IT industry in Ukraine. First and foremost, it is the preservation of the simplified employment model for IT professionals, despite attempts by various governments to introduce additional restrictions or taxes. This has allowed the industry to continue developing and even grow actively,” says Yurii Antoniuk, Vice President and Head of EPAM in Central and Eastern Europe.
Visa
Tetiana Chorna
Vice President & Regional Manager at Visa Ukraine
The cashless economy is becoming a key driver of IT industry development in Ukraine. In 2024, the country had over 54 million active payment cards, with more than 94% of transactions being cashless. For businesses, especially in IT, this opens up new opportunities for efficient financial management and transparent business transactions.
The full-scale war has underscored the importance of access to global financial technologies for the stability and growth of Ukraine’s economy. Today, thanks to e-commerce and social media, even small businesses can go global. Visa serves as a bridge between Ukrainian businesses and international markets. Our Visa Direct platform simplifies money transfers in over 190 countries, making it an ideal tool for Ukrainian entrepreneurs looking to scale their operations.
Visa partners with over 2,000 fintech companies worldwide. Every year, we host the Visa Everywhere Initiative, a global competition for fintech startups that provides participants with grants, visibility, and industry recognition.
Additionally, our Fintech Fast Track program helps fintech companies become verified Visa network members, making it easier to launch new products. Businesses can also certify their payment solutions through the Visa Ready program to meet Visa’s security and functionality standards. Furthermore, we offer IT companies access to powerful APIs via the Visa Developer Center.
In 2025, Visa will continue to implement global programs that support fintech and business growth, offering innovative solutions to drive the Ukrainian IT sector forward.
State’s role in the IT sector: Ministry of Digital Transformation projects and regulation
The Ministry of Digital Transformation was established in 2019 with the goal of transforming Ukraine into a digital state by digitizing services and documents to eliminate paper bureaucracy. In addition, the ministry has worked on educational projects, including educational series, IT courses, and more.
IT Generation courses
In 2022, the Ministry of Digital Transformation, in collaboration with Binance and the Lviv IT Cluster, launched the educational project “IT Generation.”
Training program statistics:
Employment statistics by IT schools (project partners):
CodeUA marketplace for tech companies
In 2024, the Ministry of Digital Transformation, in collaboration with the Lviv IT Cluster and with the support of USAID, launched CodeUA, a platform designed to help Ukrainian IT companies find clients worldwide.
In 2024, the Ministry of Digital Transformation, in collaboration with the Lviv IT Cluster and with the support of USAID, launched CodeUA, a platform designed to help Ukrainian IT companies find clients worldwide.
“The CodeUA platform is a response to the current challenges faced by Ukrainian IT companies — the global recession and the full-scale war, which have resulted in a lack of new orders and a decline in export volumes,” said the Ministry of Digital Transformation. “Through this initiative, we aim to build and capitalize on the global brand of Ukrainian tech businesses”.
IT services export
Ukraine’s IT export indicator grew from 2014 to 2022, with the growth rate ranging from 5.8% to 38.1%.
Ukraine’s IT export indicator grew from 2014 to 2022, with the growth rate ranging from 5.8% to 38.1%.
Key figures over 10 years:
For the first time, the export figure decreased during the full-scale invasion. Although in 2022 it reached a record $7.3 billion (compared to $6.9 billion in 2021), it dropped to $6.7 billion in 2023 (an 8.4% decrease). In 2024, monthly figures remained lower than the previous year, staying at around $500+ million.
VC, PE, M&A, and grants:
[ How these have changed in the IT sector over the last 10 years
Since 2014
With the onset of the war, the Ukrainian mergers and acquisitions (M&A) market experienced a downturn. In 2014, it showed the worst results since the country gained independence. In the first three quarters, the total value of M&A deals was $895 million (compared to $8 billion in 2013).
Starting in 2016, the M&A market began to recover. In 2019, 80 deals were made, worth €1.19 billion (the highest figure since 2013).
The number of venture deals in 2018 was 70, and by 2021, it reached 188. The total value during this period grew from $302 million to $534 million.
Total transaction volume by year, $ million
The unicorn journey: Changing metrics and impact
As of February 2025, six companies with Ukrainian roots have reached unicorn status in the IT industry.
Grammarly
An AI-powered online platform designed to assist with English communication, founded in 2009.
Founders:
Maksym Lytvyn, Oleksii Shevchenko, Dmytro Lider
Years to become a unicorn:
~10
Employees:
870
Total investments:
$550 million
Number of acquisitions:
2
Grammarly revenue for 2021-2024, $, m
AirSlate
A company focused on business process automation and document management, founded in 2006.
Founders:
Vadym Yasynovskyi, Borys Shakhnovych, Semen Dukach
Years to become a unicorn:
~16
Employees:
957
Total investments:
$181,5 million
Number of acquisitions:
4
AirSlate revenue for 2020-2022, $, m
Creatio
A platform for automating CRM, industry, and internal processes using no-code technologies, founded in 2011.
Founder:
Kateryna Kostereva
Years to become a unicorn:
~13
Employees:
893
Total investments:
$268 million
Creatio revenue for 2020-2023, $, m
GitLab
A web platform for DevOps that enables management of the entire software development lifecycle, founded in 2011.
Founders:
Anthony Sides, Dmytro Zaporozhets, Sid Sijbrandij, Sem Chen
Years to become a unicorn:
~7
Employees:
2130
Total investments:
$434 million
Number of acquisitions:
9
GitLab revenue for 2019-2024, $, m
People.ai
An AI-powered platform for sales and marketing automation, founded in 2016.
Founder:
Oleh Rohynskyi
Years to become a unicorn:
~5
Employees:
216
Total investments:
$207 million
Revenue:
$62 million (2023)
Unstoppable Domains
A startup selling domains for cryptocurrency wallets that replace typical strings of letters and numbers, founded in 2018.
Founders:
Matthew Gould, Bradley Kam, Braden Pechersky, Bohdan Husiev
Years to become a unicorn:
~4
Employees:
71
Total investments:
$70 million
Revenue:
$53 million (2021), $80 million (2022)
Non-IT: Companies with large IT departments
Over the last 10 years, more and more companies in Ukraine have been setting up their own IT departments. Banks, retail, logistics, and manufacturing industries are investing in software development, automation, and cybersecurity. For example, supermarket chains are launching their own apps, and factories are implementing IoT solutions. This reduces reliance on service companies and helps businesses adapt faster to market conditions.
MHP
Taras Hoshovskyi
IT and Digital Director at MHP
Developing IT expertise, creating proprietary IT products, and implementing innovations should be key focus areas, especially for companies in the real sector of the economy.
By establishing internal IT expertise centers, MHP integrates all business areas — agriculture, production, logistics, sales, and more — through unified end-to-end infrastructure and process solutions. This approach ensures the cohesion of the business ecosystem and enhances management efficiency.
Our in-house IT solutions, including AI-driven tools, automate routine processes, save time, and minimize human error. At MHP, any project or product can be not only implemented but also scaled effectively.
What sets our approach apart is the synergy between IT and business operations: stakeholders don’t just articulate their needs — they actively participate in developing solutions.
In today’s competitive landscape, success belongs to those who create an environment that fosters innovation and turns ideas into reality. However, it is equally important to have a clear vision of the purpose behind innovation.
True innovation is not just about speed and convenience — it is about deep transformation that unlocks new growth opportunities and shapes the future of the industry.
Nova Digital, 969 IT professionals
The growth of the team is driven by the increasing need for digitalization and the expansion of companies within the NOVA group into new markets, as well as the development of their own IT products for international markets. Among these products are RouteStripe — a service for optimizing last-mile delivery routes, Worksy — a system for centralized business process management, and VMS — a system for centralized video surveillance and data storage with an AI-powered video analytics.
Kyivstar.Tech, 541 technical specialists
“In the near future, our team will focus on implementing new AI solutions within the Kyivstar group of companies. This includes enhancing cybersecurity for the safe use of LLM, deploying Copilot solutions, utilizing AI tools for data analysis and marketing campaign optimization, and automating business processes with RAG (Retrieval Augmented Generation) models. We are also working on automated service quality monitoring, which will allow us to respond to issues quickly, as well as integrating AI into the processes of handling customer inquiries,” comments Kyivstar.Tech.
MHP, 350 IT specialists
From 2013 to 2017, MHP transitioned to a model with outsourced developers and analysts, and project managers moved from IT to other verticals. This shift led to a reduction in the IT department’s headcount.
“The most rapid growth is taking place between 2020 and 2025. MHP is implementing large-scale digitalization projects, actively developing cloud services, investing in cybersecurity, and creating its own IT products, including those using AI technologies. MHP is focusing on automation, digitalization, and data-driven management,” says the company.
“Darnytsia,” Digital Transformation Department, 44 IT professionals
Inside the company, AI is used in the following ways:
Automated assistants for document management help quickly locate information within company policies and procedures.
AI for databases allows the generation of sales reports, market forecasts, and demand analysis.
Tools for document comparison analyze supplier documents against the company’s internal standards.
AI cannot influence medical decisions or provide prescriptions due to strict regulations.
IT education in Ukraine
In addition to universities offering IT degrees, Ukraine is witnessing a rapid growth in initiatives that help individuals change careers or gain new specializations. These include IT schools and courses, including those offered by universities and large companies (such as EPAM University, SoftServe IT Academy), among others.
Number of students in IT-related majors, traditional education:
2014
approximately 11,500 students, of which 2,200 were enrolled in part-time (contract) education. Compared to 2013, this represents a 10% decrease, caused by the start of the war and the occupation of Crimea.
2024
24,133 students were enrolled in IT majors at universities, with 11,911 in budget-funded programs. This is a 30% decrease compared to 2023.
Neoversity
Neoversity was established in 2023 as a product of the EdTech group GoIT Global. With support from the international university Woolf, it launched its first master’s program in Software Engineering. The first group of students began their studies in March 2023 and is already preparing for graduation. Currently, Neoversity has more than 1,000 students enrolled in both master’s and bachelor’s programs.
Popularity of faculties
With the development of AI, interest in the master’s program in Data Science & Analytics has been growing. Students from other faculties often take elective modules (courses that earn additional ECTS credits) in Machine Learning and Deep Learning, taught by Lead Data Scientist & ML Operations Engineer.
Serhii Borona
author of the master’s program in Cybersecurity at Neoversity and Global Head of Information Security at Ciklum
Nowadays, every business and country is paying close attention to cybersecurity, and finding a good specialist is not easy. Information security is a field that doesn’t forgive mistakes. You need to have strong technical knowledge, management skills, be up-to-date with the latest technologies, and develop soft skills, among other things,” says Serhii Borona, author of the master’s program in Cybersecurity at Neoversity and Global Head of Information Security at Ciklum.
Which fields will be popular in 2025?
The main IT trends for 2025 include AI and automation, significant investments in system protection, startups in virtual and augmented reality, as well as the development of MedTech, Defense Tech, and FinTech in Ukraine.
Mate academy
5,500 graduates, of which ~4,500 are employed, and ~300 are job seekers. The academy offers 10 courses, among which the most popular in 2024 were Frontend, Python, and QA.
Top 3 most popular courses over the past three years:
2024: Frontend, Python, QA
2023: Frontend, Python, QA
2022: Frontend, QA, UX/UI
How Ukrainian IT will develop: Predictions for 2025
Export
The situation in 2025 will largely depend on tax policies and government actions, says Olha Shapoval, Executive Director of the Kharkiv IT Cluster: “If the tax conditions remain stable, exports could reach $6.7–6.8 billion, returning to the levels of 2021. However, if regulatory pressure increases or there are changes to the Diia.City regime, the risks are significant: export figures could fall to $4.4–5.1 billion”.
Education
Despite the overall 33% decrease in university enrollment in Ukraine in 2024 (with 189,463 applications), IT-related majors continue to maintain strong interest among applicants, according to Olha Shapoval.
In particular, there were 31,295 applications for the Computer Science program and 21,265 for Software Engineering in 2024. However, compared to previous years, majors like Computer Engineering (5,443 applications) and Systems Analysis (2,538 applications) have become less popular.
In-demand Specialists
Looking ahead to 2025, demand for highly skilled specialists in Ukrainian IT companies is expected to remain stable, with some areas even seeing growth, according to Olha Shapoval:
“Active hiring is expected for cybersecurity specialists, AI developers, cloud solutions experts, and data processing professionals. Tech stacks such as Python, Java, and JavaScript, along with technologies related to DevOps and automation, will continue to be in demand”.
The global economic recession has led to reduced demand for IT services, says Anna Chumachenko, brand manager at robot_dreams. As a result, companies are cutting costs and reducing staff, and Ukrainian companies are no exception.
“Since nearly 93% of Ukrainian IT companies operate in international markets, the industry is facing tough competition from other global tech hubs,” says Yaryna Vozniak, Head of Research at the Lviv IT Cluster. “Due to challenges in finding new clients, many companies have been forced to lay off their employees. In the past year, the rate of IT specialist layoffs has increased in 27% of companies”.
“At the same time, we are witnessing the active development of artificial intelligence, which is driving the automation of business processes,” says Anna Chumachenko. “Now, people can focus on more complex or creative tasks instead of routine ones. This is affecting employment structures and increasing the demand for specialists with the right skills”.
“As for Ukrainian IT companies in 2025, the focus will be on continued globalization and the opening of development centers abroad,” says Vitalii Sedler, CEO and Co-founder of Intellias. “This helps to diversify risks associated with the war in Ukraine. In particular, it allows us to offer clients mixed teams, some of which are based in Ukraine and others abroad, thereby attracting business to Ukraine”.
Journalists:
Anastasiia Ampilohova, Oleksandr Ihnatenko
Editors:
Yuliia Bondar, Oleksandr Strelnykov
Literary Editor:
Viktoriia Olischuk
Researchers:
Molfar
Producer:
Victoria Khorovets
Art Director:
Polina Tsai
Design & Layout:
Artycoders
Translators:
Kateryna Pasovych, Nataliya Savko
