Polish IT market to grow by 6% a year until 2020

The Polish IT market will be worth $6.24 billion in 2020, which means it will grow by 6 percent annually, according to forecasts by research company Future Market Insights. According to them, the IT market will undergo structural changes. Currently, more than 50 percent of revenues are generated in the service segment, however, in the next five years it will be superseded by the software segment. The value of the IT market stood at $4.1 billion in 2013. The forecasted growth for 2015 amounts to 3.1 percent, but due to the lowering value of the dollar, the market will shrink to $3.66 billion.