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North Macedonia has an excellent supply of well-educated IT experts at among the lowest labor costs in the region. Some 500 IT graduates are produced annually in the Universities. A software engineer with 1 to 2 years’ experience costs from €500 to €600 net per month.
The telecommunications system is first class and is regarded as the best in the region.
A number of international companies such as Seavus (Sweden), Netcetera (Switzerland), M Soft (France), 6PM (UK/Malta) are successfully developing software in North Macedonia for the export market and others are providing 24/7 telephone customer support for major multi-national IT companies.
MACEDONIAN ICT MARKET: FASTEST GROWTH IN THE ADRIATIC REGION
As one of the fastest growing Macedonian industries, with a growth rate of about 47% in the last 5 years, the IT and software industry is of growing importance for the overall economic development of the country.
The total ICT market value in North Macedonia was an estimated €352 million in 2017. Hardware is the largest segment (55 percent) of the Macedonian ICT market. ICT services are the second largest segment (30 percent), and software comprises 15 percent of the ICT market.
Many large ICT companies, such as Microsoft, Cisco, Oracle, Dell, Compaq, Hewlett Packard, IBM, Sun Microsystems, Apple, and Lotus, are present in North Macedonia via branch offices, distributors, dealers, resellers, solution providers, and business partners.
This growth is spurred by large investments by the government and telecommunications companies in IT, continued spending in the financial sector, a decrease in the price of IT equipment, and a decrease in VAT for the equipment.
Structure of the ICT workforce
Source: IT Workforce demand survey, MASIT
ICT TECHNOLOGY PENETRATION
Fixed telephony has become nearly extinct with the rise in popularity of mobile cellular telephones. Currently there are 17 active fixed operators in Macedonia, 3 mobile operators, and 92 internet providers.