Now Available: Sri Lanka Information Technology Report Q3 2014
Strong income growth and low penetration of PCs, enterprise software and services will combine to boost IT spending growth in Sri Lanka over the medium term. We expect it to embark on a period of catch-up growth 2014-2018, closing the gap to comparable markets in terms of the penetration of IT products and solutions after a long period of conflict. We forecast a CAGR of 15.5% for 2014-2018, with the market increasing to a value of LRK123bn in 2018. As...
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