KNOWLEDGE ECONOMY AND IT MARKET DEVELOPMENT AS A DRIVER OF NATIONAL ECONOMIC GROWTH

The article provides a detailed and in-depth analysis of the state, trends, and challenges associated with the development of Ukraine's IT market in the context of global digital transformation. The study identifies critical industry issues such as the ongoing brain drain, insufficient financial resources, disparities in access to digital technologies across regions, growing cybersecurity threats, and obstacles within the legislative framework. The proposed solutions aim to address these challenges by focusing on modernizing Ukraine's education system to align with innovative technological advancements, increasing investments in digital infrastructure, and refining regulatory policies to foster a conducive environment for growth. Additionally, the research emphasizes the necessity of supporting startup ecosystems through targeted state programs and public-private partnerships that facilitate innovation and competitiveness on the international stage. Particular attention is given to the role of global cooperation in driving technological integration, sharing expertise, and establishing Ukraine as a key player in the global IT services market. By strengthening digital infrastructure, addressing skills gaps, and enhancing cybersecurity frameworks, Ukraine can significantly enhance its resilience and adaptability in an increasingly digitalized global economy. The findings underscore the importance of aligning national policies with international standards to create a robust IT ecosystem that supports sustainable economic development. The study highlights how comprehensive strategies encompassing education, investment, and regulatory improvements can unlock the full potential of the IT sector. Furthermore, the integration of advanced technologies such as artificial intelligence, blockchain, and big data analytics is shown to be instrumental in driving innovation and achieving long-term economic stability. By implementing these measures, Ukraine has the potential to secure a leading position in the global IT industry and contribute meaningfully to digital transformation efforts worldwide. The results of this research provide actionable insights for policymakers, industry stakeholders, and academic researchers seeking to navigate the complexities of IT market development and leverage its opportunities for national progress.