A Country & Industry Analysis- Sri Lanka Information Technologies (IT), 2016

A Country & Industry Analysis- Sri Lanka Information Technologies (IT), 2016

  • November 2016 •
  • 36 pages •
  • Report ID: 4368408 •
  • Format: PDF
Low Computer Penetration and Burgeoning Skilled Workforce to Provide a Boost to the IT Sector

With a mere 5% penetration of personal computers and a fast growing talent pool of English speaking workers with sophisticated technical skills, Sri Lanka is emerging as a prime destination for IT and IT outsourcing services. Sri Lanka also enjoys the advantage of a superior business environment and infrastructure over most other low cost emerging countries. As part of the country’s ongoing economic transformation, the government has initiated a major drive encouraging businesses and government departments to increasingly adopt IT technologies. This study explores the current and future IT trends and market growth opportunities in the hardware, software, and IT services verticals along with Government’s IT vision and Sri Lanka’s evolution as a promising IT business destination.