Product Code: ETC4416572 | Publication Date: Jul 2023 | Updated Date: Feb 2025 | Product Type: Report | |
Publisher: 6Wresearch | No. of Pages: 85 | No. of Figures: 45 | No. of Tables: 25 | |
The Sri Lankan real estate sector is adopting IT solutions to enhance operational efficiency and customer experiences. Technologies such as IoT for smart buildings and property management software are gaining traction. Market growth is influenced by urbanization trends, regulatory reforms, and investor interest in real estate technology.
The real estate sector in Sri Lanka adopts IT solutions for property management, customer relationship management (CRM), and marketing purposes. IT enables real estate developers and agents to streamline operations, improve sales effectiveness, and enhance customer experience. Urbanization and infrastructure development contribute to market expansion.
The Sri Lankan market for IT solutions in real estate faces several challenges that influence its adoption and effectiveness in driving sectoral growth. One of the primary challenges is the traditional mindset prevalent among real estate developers and agents, who may be resistant to adopting new technologies due to perceived costs and operational disruptions. Limited awareness about the benefits of IT solutions, such as property management software and digital marketing platforms, further impedes market penetration and innovation in real estate practices. Moreover, infrastructure limitations, particularly in rural areas, affect the deployment of IT solutions that require reliable internet connectivity and power supply. Regulatory complexities surrounding data privacy and property transaction laws add compliance burdens on IT solution providers, impacting service standardization and market scalability. Additionally, competitive pressures and evolving consumer preferences for digital real estate services necessitate continuous adaptation and market education efforts to foster industry-wide digital transformation and sustainable growth.
Sri Lanka policies for IT in the real estate market include digital infrastructure development, data privacy regulations, and promoting smart city initiatives. The government supports digital transformation in real estate transactions, facilitates property market transparency, and ensures secure online platforms.
1 Executive Summary |
2 Introduction |
2.1 Key Highlights of the Report |
2.2 Report Description |
2.3 Market Scope & Segmentation |
2.4 Research Methodology |
2.5 Assumptions |
3 Sri Lanka IT in Real Estate Market Overview |
3.1 Sri Lanka Country Macro Economic Indicators |
3.2 Sri Lanka IT in Real Estate Market Revenues & Volume, 2021 & 2031F |
3.3 Sri Lanka IT in Real Estate Market - Industry Life Cycle |
3.4 Sri Lanka IT in Real Estate Market - Porter's Five Forces |
3.5 Sri Lanka IT in Real Estate Market Revenues & Volume Share, By Enterprise Application , 2021 & 2031F |
3.6 Sri Lanka IT in Real Estate Market Revenues & Volume Share, By Security Solution , 2021 & 2031F |
3.7 Sri Lanka IT in Real Estate Market Revenues & Volume Share, By Deployment Type, 2021 & 2031F |
3.8 Sri Lanka IT in Real Estate Market Revenues & Volume Share, By Service, 2021 & 2031F |
4 Sri Lanka IT in Real Estate Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 Sri Lanka IT in Real Estate Market Trends |
6 Sri Lanka IT in Real Estate Market, By Types |
6.1 Sri Lanka IT in Real Estate Market, By Enterprise Application |
6.1.1 Overview and Analysis |
6.1.2 Sri Lanka IT in Real Estate Market Revenues & Volume, By Enterprise Application , 2021-2031F |
6.1.3 Sri Lanka IT in Real Estate Market Revenues & Volume, By Customer Relationship Management (CRM), 2021-2031F |
6.1.4 Sri Lanka IT in Real Estate Market Revenues & Volume, By Enterprise Resource Planning (ERP), 2021-2031F |
6.1.5 Sri Lanka IT in Real Estate Market Revenues & Volume, By Enterprise Content Management (ECM), 2021-2031F |
6.1.6 Sri Lanka IT in Real Estate Market Revenues & Volume, By Business Intelligence (BI), 2021-2031F |
6.1.7 Sri Lanka IT in Real Estate Market Revenues & Volume, By Business Process Management (BPM), 2021-2031F |
6.2 Sri Lanka IT in Real Estate Market, By Security Solution |
6.2.1 Overview and Analysis |
6.2.2 Sri Lanka IT in Real Estate Market Revenues & Volume, By Access Control, 2021-2031F |
6.3 Sri Lanka IT in Real Estate Market, By Deployment Type |
6.3.1 Overview and Analysis |
6.3.2 Sri Lanka IT in Real Estate Market Revenues & Volume, By On-Premises, 2021-2031F |
6.3.3 Sri Lanka IT in Real Estate Market Revenues & Volume, By Cloud, 2021-2031F |
6.4 Sri Lanka IT in Real Estate Market, By Service |
6.4.1 Overview and Analysis |
6.4.2 Sri Lanka IT in Real Estate Market Revenues & Volume, By Integration & Deployment, 2021-2031F |
6.4.3 Sri Lanka IT in Real Estate Market Revenues & Volume, By Consulting, 2021-2031F |
6.4.4 Sri Lanka IT in Real Estate Market Revenues & Volume, By Maintenance & Support, 2021-2031F |
6.4.5 Sri Lanka IT in Real Estate Market Revenues & Volume, By Others, 2021-2031F |
7 Sri Lanka IT in Real Estate Market Import-Export Trade Statistics |
7.1 Sri Lanka IT in Real Estate Market Export to Major Countries |
7.2 Sri Lanka IT in Real Estate Market Imports from Major Countries |
8 Sri Lanka IT in Real Estate Market Key Performance Indicators |
9 Sri Lanka IT in Real Estate Market - Opportunity Assessment |
9.1 Sri Lanka IT in Real Estate Market Opportunity Assessment, By Enterprise Application , 2021 & 2031F |
9.2 Sri Lanka IT in Real Estate Market Opportunity Assessment, By Security Solution , 2021 & 2031F |
9.3 Sri Lanka IT in Real Estate Market Opportunity Assessment, By Deployment Type, 2021 & 2031F |
9.4 Sri Lanka IT in Real Estate Market Opportunity Assessment, By Service, 2021 & 2031F |
10 Sri Lanka IT in Real Estate Market - Competitive Landscape |
10.1 Sri Lanka IT in Real Estate Market Revenue Share, By Companies, 2024 |
10.2 Sri Lanka IT in Real Estate Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |