Novosibirsk - Comprehensive Overview of the City, PEST Analysis and Analysis of Key Industries including Technology, Tourism and Hospitality, Construction and Retail
Summary“City Profile - Novosibirsk” 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 Novosibirsk.
The report contains detailed tourism, retail, construction, technology and public infrastructure data and insight into economic, social, and industry trends.
Novosibirsk city is the third largest city in Russia in terms of population, after Moscow and St. Petersburg. Novosibirsk is the administrative center of Novosibirsk Oblast (Novosibirsk region) as well as of the Siberian Federal District (SFD). The city’s economy has diversified portfolio, in line with the presence of various industries such as airspace, nuclear and hydro-electric power generators, metal works, and electronic devices. The tertiary sector contributed the most to the city’s GVA in 2019 with a share of 73.7%.
Scope
- The service sector is the key contributor to the city’s economy and the provides large number of jobs. Novosibirsk is a key tourist destination in Russia for both domestic and international tourists and experienced healthy growth.
- Positive growth in construction sector was supported by rise in investments and persistent increase in the number of dwellings in the city. Novosibirsk’s business potential and developing tourism has contributed significantly to the growth of the retail segment
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.
MarketLine, a world-leading provider of commercial intelligence, has over 400 experienced analysts, consultants, and researchers with regional and sector expertise in market sizing, competitor tracking, socio and macro economics, and business drivers.
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‒ Socio and macro-economic indicators
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