SRI LANKA TO BE ONE OF THE FASTEST GROWING IT MARKETS

GMNet at 09h48
19
Jan
2011
SRI LANKA TO BE ONE OF THE FASTEST GROWING IT MARKETS

Market Overview
Sri Lanka's IT market is estimated to be worth US$327mn in 2010, just 2% the size of India's, but is expected to grow to around US$632mn within BMI's five-year forecast period. The computer market has comfortably been growing at a double-digit CAGR for the past several years, yet the penetration rate remains below 1%. Computerisation has only just got started in the government service.
Sri Lanka's IT m
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