Moscow City - Comprehensive Overview, PEST Analysis and Analysis of Key Industries including Technology, Tourism and Hospitality, Construction and Retail
Moscow City - Comprehensive Overview, PEST Analysis and Analysis of Key Industries including Technology, Tourism and Hospitality, Construction and RetailSummary
“City Profile – Moscow” provides historical and forecast data on key city level metrics along with analytical coverage of the latest political, economic, social, technological, infrastructural, legal and environmental issues affecting Moscow.
- The report contains detailed tourism, retail, construction, technology and public infrastructure data and insight into economic, social, and industry trends.
Moscow is the capital of the country and is the most populous city in Russia. The city has a significant economic and financial influence, accounting for a major of national GDP. Despite challenges like the ongoing Russia-Ukraine war and subsequent sanctions, the area's GDP grew by 1.1% in 2023, supported by the manufacturing industry and infrastructure projects. However, future growth is expected to slow down, reflecting uncertainties in global economic ties.
Scope
- The service sector remains the key contributor to the Moscow economy and the major employer.
- Moscow is a key tourist destination for both domestic and international tourists and experienced significant growth in its tourism sector, with sustained increases in the number of tourists visiting the city over the years. The city's commitment to modernizing infrastructure and its focus on global tourism trends have supported the growth of the tourism industry.
- The construction sector in the Moscow metropolitan area has seen steady growth in 2023. Despite challenges such as declining investment and geopolitical tensions, the sector output is expected to rebound in future, driven by government investments in infrastructure and residential projects. Significant construction projects are underway in Moscow, aims to meet the growing demand for office space and residential facilities in the city.
Reasons to Buy
- Gain a comprehensive knowledge of future economic and demographic trends and understand the performance of various sectors within the city.
- Analyze and understand the business environment in the city to align your investment and expansion strategies.
- The report helps to drive a conclusion in choosing a suitable city to invest or expand according to your business structure.
- Explore new opportunities in the hospitality, tourism, construction, real estate and retail sectors.
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