Russia’s Cloud Services Market Is to Surge in 2026
Russia’s cloud services market grew by nearly a third in 2025, and analysts say it is unlikely to slow in 2026.
In 2025, the size of Russia’s cloud services market reached 416.5 billion rubles (about $5.0 billion), according to analysts, up 32.8% from 2024. A year earlier, the market stood at 322.3 billion rubles (around $3.9 billion). Market participants say the growth is being driven by the rapid adoption of cloud platforms by large and mid-sized companies.
He also highlighted another key trend of the year: a rapid shift toward hybrid models.
A Revenue Windfall for Major Players
Dmitry Lazarenko of VK Technologies said revenue from the company’s cloud platform segment rose by 25.4% over the first nine months of 2025.
Cloud.ru, one of the country’s leading cloud service providers, ranked first by revenue with a 32.5% market share. Cloud.ru’s strategy director, Ilya Korolyov, said the company has launched the Cloud.ru Evolution AI Factory platform, designed to speed up AI-based projects and automate a range of tasks.
Cloud Growth Set to Continue
Analysts expect the market to keep expanding in 2026, although the pace may ease slightly. Puzyrevsky said the cloud technology market will continue to grow, not only in digital-native industries.
Lazarenko believes large companies will increasingly consolidate their domestic IT infrastructure and move toward more mature cloud platforms with advanced cost management. While the market previously grew by about 35% a year, he expects more moderate growth in 2026 due to the broader economic environment, adding that the sector’s long-term potential remains substantial.
