Sri Lanka Information Technology Report Q2 2014 - New Market Report
We believe the conditions are in place for Sri Lanka to be a regional outperformer over the medium term. Strong economic growth and low penetration of PCs, enterprise software and services will combine to boost spending growth as Sri Lanka catches up with other markets in the region 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 well as strong domestic demand the...
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