2010-08-27 02:11:31 -

Research and Markets ( www.researchandmarkets.com/research/7ef532/sri_lanka_informat : ) has announced the addition of the " Sri Lanka Information Technology Report Q3 2010 : " report to their offering.

The Sri Lanka Information Technology Report provides industry professionals and strategists, corporate analysts, information technology associations, government departments and regulatory bodies with independent forecasts and competitive intelligence on Sri Lanka's information technology industry.

Market Overview


Sri Lanka's IT market is estimated to be worth US$336mn in 2010, just 2% the size of India's, but is expected to grow to more than US$700mn within the publishers five-year forecast period. The computer market has comfortably been growing at a double-digit CAGR for the past several years, yet penetration remains below 1%. Computerisation has only just

got started in the government service.

Sri Lanka's IT market has considerable latent potential, but has been handicapped over the years by the country's economic instability, due largely to the long-running civil war. This has impacted the market in multiple ways, from disruption of regional and distribution channels to the negative effect on the economic and incomes growth and the underdevelopment of the country's telecoms infrastructure. In 2010, the consumer PC segment will benefit from lower interest rates and more credit availability, while the Computers for Education programme will continue to receive government investment in 2010. The projected 2010-2014 CAGR of 20% would make Sri Lanka one of the fastest-growing markets in the region, albeit from a low base.


Key Topics Covered:

- Executive Summary
- SWOT Analysis
- IT Business Environment Ratings
- Asia Regional IT Markets Overview
- Sri Lanka Market Overview
- Industry Forecast Scenario
- Macroeconomic Forecast
- Competitive Landscape
- Company Profiles
- Country Snapshot: Sri Lanka Demographic Data
- Methodology


For more information visit www.researchandmarkets.com/research/7ef532/sri_lanka_informat :



Research and MarketsLaura Wood, Senior Manager, press@researchandmarkets.com : mailto:press@researchandmarkets.com U.S.

Fax: 646-607-1907Fax (outside U.S.): +353-1-481-1716