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Sri Lanka Information Technology Report Q2 2016

  • February 2016
  • -
  • Business Monitor International
  • -
  • 66 pages

Includes 3 FREE quarterly updates

BMI View: Our positive medium-term outlook for the Sri Lankan IT market is maintained in the Q216update, though there was a small downgrade to the 2016 outlook. Regional economic uncertainty and ourexpectation for more extensive rupee depreciation against the US dollar are behind the downward revision,but this will not obscure the medium-term growth story based on economic development, rising incomes,private and public sector modernisation initiatives as well as low device and solution penetration rates.Another positive is the development of the local IT industry, including the software development and BPOindustries, and the development of local facilities for PC and component manufacture. We forecast a CAGRof 12.1% for the IT market spending in 2016-2020 to a total of LKR181.9bn in 2020.

Latest Updates & Industry Developments

-IT Hardware Sales: LKR71.7bn in 2016 to LKR109.3bn in 2020, a compound annual growth rate(CAGR) of 10.8% in local currency terms. Rising incomes and increased local supply, in an environmentof rising incomes, will support an expansion of the IT hardware market, though price sensitivity willremain a central characteristic of demand.

Table Of Contents

Sri Lanka Information Technology Report Q2 2016
BMI Industry View 7
Latest Updates and Industry Developments 7
Industry Forecast 11
Latest Updates 11
Structural Trends 11
Table: IT Industry - Historical Data and Forecasts 17
Industry Risk/Reward Index 18
Table: IT RRI Score Breakdown By Region 19
Table: Asia Pacific IT Risk/Reward Index - Q2 2016 21
Market Overview 22
Recent Developments 22
Hardware 22
Software 29
Cloud Computing 34
Table: Sri Lanka Cloud Vendor Developments, 2015 38
IT Services 38
Industry Trends And Developments 42
Regulatory Development 46
Table: Regulatory Overview 46
Competitive Landscape 48
International Companies 48
Table: Dell 48
Table: Hewlett-Packard 49
Local Companies 50
Table: EWIS 50
Table: John Keells Holding 51
Table: Virtusa 52
Regional Overview 53
Demographic Forecast 57
Demographic Outlook 57
Table: Population Headline Indicators (Sri Lanka 1990-2025) 58
Table: Key Population Ratios (Sri Lanka 1990-2025) 58
Table: Urban/Rural Population and Life Expectancy (Sri Lanka 1990-2025) 59
Table: Population By Age Group (Sri Lanka 1990-2025) 59
Table: Population By Age Group % (Sri Lanka 1990-2025) 60
Methodology 62
Industry Forecast Methodology 62
Sources 64
Risk/Reward Index Methodology 64
Table: IT Risk/Reward Index Indicators 65
Table: Weighting Of Components 66

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