New Market Report Now Available: Sri Lanka Information Technology Report Q3 2013
The growth rate of the Sri Lankan IT market is expected to remain robust in 2013 at 15% as increased retail spending is supplemented by investment from enterprises and the government. However, growth is forecast to moderate in 2013, down from 20.7% in 2012, as the Sri Lankan Central Bank is poised to hit the brakes on an overheating economy. Looking over the medium term, BMI forecasts a CAGR of 12.7% for 2013-2017, making Sri Lanka one of the fastest-growing...
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