The fall of the ruble may contribute to the growth of the Internet hosting market in the Russian Federation

The weakening of the ruble against the dollar has a positive effect on the state of the domestic hosting market. Earlier, before the fall of the ruble, the prices for European hosting were lower than in Russia, Vedomosti reports. The difference between the standard services of hosting companies in the Russian Federation and abroad was 35-50%. As a result, as of September last year, only 60% of domestic resources worked with domestic hosting sites. Now, after the weakening of the ruble, about 20% of Russian resources previously housed abroad have been transferred to Russian hosting. In some cases, foreign hosting costs about one and a half times more than domestic ones. According to experts, the flow of customers from foreign to domestic hosting this year may lead to an increase in the turnover of the Russian hosting market by 10%.

Until September of last year, Selectel’s revenue (meaning revenue from hosting services) increased by about 4% per month. Now the growth rate has doubled, and is about 8% per month. According to the CEO of the Radius Group, mostly a small business moves to Russia.

According to RAEC, the volume of the Russian hosting market in 2014 was 5 billion rubles. Compared with 2013, the market grew by about 8%.
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An interesting trend is the massive increase in demand for domestic hosting services at a time when one dollar was worth 65 rubles. After the domestic currency began to stabilize, the hype decreased slightly. According to the founder of LIveinternet, German Klimenko, if the dollar rate rises again to 65 rubles, this will lead to an increase in the annual hosting market by 15-20%.