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Sri Lanka Information Technology Report Q2 2015

Sri Lanka Information Technology Report Q2 2015

BMI View: Strong economic growth and a government that is supportive of digitalisation underpin our ITgrowth forecast as this is also likely to filter through in a shape of increased government spending. Weforecast a CAGR of 15.4% for IT market spending 2015-2019, with the market expected to increase to avalue of LRK188.8bn in 2019. We believe Sri Lanka will outperform the majority of IT markets in the APACregion due to a convergence of factors. Strong income growth and low penetration of PCs, enterprisesoftware and services will combine to boost IT spending growth in Sri Lanka over the medium term. Thelocal IT industry is also developing, with vibrant local software and BPO industries and the development oflocal facilities for PC manufacture and assembly to service the local market and wider region.

Headline Expenditure Projections

Computer Hardware Sales: LKR59.7bn in 2014 to LKR114.9bn in 2019, CAGR of 14.0% in localcurrency terms. There is strong growth potential for hardware sales in Sri Lanka due to low PCpenetration rates, declining device prices, rising incomes and the development of a local manufacturingbase.


BMI Industry View
SWOT
IT SWOT
Wireline SWOT
Political
Economic
Operational Risk
Industry Forecast
Table: IT Industry - Historical Data And Forecasts (Sri Lanka 2012-2019)
Macroeconomic Forecasts
Economic Analysis
Solid FDI To Support Services Sector
Industrial Activity In Solid Shape
Risk To Outlook
Table: Economic Activity (Sri Lanka 2009-2018)
Industry Risk Reward Ratings
Industry Risk Reward Index
Table: Asia Pacific Risk/Reward Index - Q2 2015
Market Overview
Hardware
Software
Services
Industry Trends And Developments
Regulatory Development
Table: Regulatory Overview
Competitive Landscape
International Companies
Table: Hewlett-Packard
Table: Dell
Local Companies
Table: Virtusa
Table: EWIS
Table: John Keells Holding
Company Profile
Panora
Regional Overview
Demographic Forecast
Table: Population Headline Indicators (Sri Lanka 1990-2025)
Table: Key Population Ratios (Sri Lanka 1990-2025)
Table: Urban/Rural Population & Life Expectancy (Sri Lanka 1990-2025)
Table: Population By Age Group (Sri Lanka 1990-2025)
Table: Population By Age Group % (Sri Lanka 1990-2025)
Methodology
Industry Forecast Methodology
Sources
Risk/Reward Index Methodology
Table: It Risk/Reward Index Indicators
Table: Weighting Of Components

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