Sri Lanka IT Market (2025-2031) | Competitive Landscape, Trends, Outlook, Industry, Analysis, Share, Size & Revenue, Companies, Value, Growth, Segmentation, Forecast

Name: Sri Lanka IT Market (2025-2031) | Trends & Outlook
Creator: 6Wresearch
License: https://www.6wresearch.com/privacy-policy
Keywords: IT Market, Sri Lanka IT Market, Sri Lanka IT Market Revenues, Sri Lanka IT Market Share, Sri Lanka IT Market Size, Sri Lanka IT Market Outlook, Sri Lanka IT Market Report, Sri Lanka IT Market Competition, Sri Lanka IT Market Overview, Sri Lanka IT Market Trends, Sri Lanka IT Market Forecast

Market Forecast By Enterprise Size (Small and Medium Enterprises, Large Enterprises), By End-user (Retail, Manufacturing, BFSI, Government, IT and Telecom, Other) And Competitive Landscape

Product Code: ETC9470406	Publication Date: Sep 2024	Updated Date: Dec 2025	Product Type: Market Research Report
Publisher: 6Wresearch	Author: Dhaval Chaurasia	No. of Pages: 75	No. of Figures: 35	No. of Tables: 20

Sri Lanka It Market: Import Trend Analysis

Sri Lanka import trend for its IT market saw a decline of -22.89% from 2023 to 2024, with a compound annual growth rate (CAGR) of 20.6% from 2020 to 2024. This negative growth could be attributed to shifts in demand patterns or changes in trade policies impacting the market.

Key Highlights of the Report:

Sri Lanka IT Market Outlook
Market Size of Sri Lanka IT Market, 2024
Forecast of Sri Lanka IT Market, 2031
Historical Data and Forecast of Sri Lanka IT Revenues & Volume for the Period 2021- 2031
Sri Lanka IT Market Trend Evolution
Sri Lanka IT Market Drivers and Challenges
Sri Lanka IT Price Trends
Sri Lanka IT Porter's Five Forces
Sri Lanka IT Industry Life Cycle
Historical Data and Forecast of Sri Lanka IT Market Revenues & Volume By Enterprise Size for the Period 2021- 2031
Historical Data and Forecast of Sri Lanka IT Market Revenues & Volume By Small and Medium Enterprises for the Period 2021- 2031
Historical Data and Forecast of Sri Lanka IT Market Revenues & Volume By Large Enterprises for the Period 2021- 2031
Historical Data and Forecast of Sri Lanka IT Market Revenues & Volume By End-user for the Period 2021- 2031
Historical Data and Forecast of Sri Lanka IT Market Revenues & Volume By Retail for the Period 2021- 2031
Historical Data and Forecast of Sri Lanka IT Market Revenues & Volume By Manufacturing for the Period 2021- 2031
Historical Data and Forecast of Sri Lanka IT Market Revenues & Volume By BFSI for the Period 2021- 2031
Historical Data and Forecast of Sri Lanka IT Market Revenues & Volume By Government for the Period 2021- 2031
Historical Data and Forecast of Sri Lanka IT Market Revenues & Volume By IT and Telecom for the Period 2021- 2031
Historical Data and Forecast of Sri Lanka IT Market Revenues & Volume By Other for the Period 2021- 2031
Sri Lanka IT Import Export Trade Statistics
Market Opportunity Assessment By Enterprise Size
Market Opportunity Assessment By End-user
Sri Lanka IT Top Companies Market Share
Sri Lanka IT Competitive Benchmarking By Technical and Operational Parameters
Sri Lanka IT Company Profiles
Sri Lanka IT Key Strategic Recommendations

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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 Market Overview

3.1 Sri Lanka Country Macro Economic Indicators

3.2 Sri Lanka IT Market Revenues & Volume, 2021 & 2031F

3.3 Sri Lanka IT Market - Industry Life Cycle

3.4 Sri Lanka IT Market - Porter's Five Forces

3.5 Sri Lanka IT Market Revenues & Volume Share, By Enterprise Size, 2021 & 2031F

3.6 Sri Lanka IT Market Revenues & Volume Share, By End-user, 2021 & 2031F

4 Sri Lanka IT Market Dynamics

4.1 Impact Analysis

4.2 Market Drivers

4.2.1 Increasing internet penetration and digital transformation initiatives in Sri Lanka

4.2.2 Growing demand for IT services and solutions in various industries

4.2.3 Government support and investments in ICT infrastructure development

4.3 Market Restraints

4.3.1 Limited skilled IT workforce in Sri Lanka

4.3.2 High upfront costs associated with implementing IT solutions

4.3.3 Security concerns and cybersecurity threats in the IT market

5 Sri Lanka IT Market Trends

6 Sri Lanka IT Market, By Types

6.1 Sri Lanka IT Market, By Enterprise Size

6.1.1 Overview and Analysis

6.1.2 Sri Lanka IT Market Revenues & Volume, By Enterprise Size, 2021- 2031F

6.1.3 Sri Lanka IT Market Revenues & Volume, By Small and Medium Enterprises, 2021- 2031F

6.1.4 Sri Lanka IT Market Revenues & Volume, By Large Enterprises, 2021- 2031F

6.2 Sri Lanka IT Market, By End-user

6.2.1 Overview and Analysis

6.2.2 Sri Lanka IT Market Revenues & Volume, By Retail, 2021- 2031F

6.2.3 Sri Lanka IT Market Revenues & Volume, By Manufacturing, 2021- 2031F

6.2.4 Sri Lanka IT Market Revenues & Volume, By BFSI, 2021- 2031F

6.2.5 Sri Lanka IT Market Revenues & Volume, By Government, 2021- 2031F

6.2.6 Sri Lanka IT Market Revenues & Volume, By IT and Telecom, 2021- 2031F

6.2.7 Sri Lanka IT Market Revenues & Volume, By Other, 2021- 2031F

7 Sri Lanka IT Market Import-Export Trade Statistics

7.1 Sri Lanka IT Market Export to Major Countries

7.2 Sri Lanka IT Market Imports from Major Countries

8 Sri Lanka IT Market Key Performance Indicators

8.1 Percentage of businesses adopting cloud computing solutions

8.2 Number of IT startups and innovation hubs in Sri Lanka

8.3 Rate of IT skills training programs and certifications in the country

9 Sri Lanka IT Market - Opportunity Assessment

9.1 Sri Lanka IT Market Opportunity Assessment, By Enterprise Size, 2021 & 2031F

9.2 Sri Lanka IT Market Opportunity Assessment, By End-user, 2021 & 2031F

10 Sri Lanka IT Market - Competitive Landscape

10.1 Sri Lanka IT Market Revenue Share, By Companies, 2024

10.2 Sri Lanka IT Market Competitive Benchmarking, By Operating and Technical Parameters

11 Company Profiles

12 Recommendations

13 Disclaimer

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Export potential assessment - trade Analytics for 2030

Export potential enables firms to identify high-growth global markets with greater confidence by combining advanced trade intelligence with a structured quantitative methodology. The framework analyzes emerging demand trends and country-level import patterns while integrating macroeconomic and trade datasets such as GDP and population forecasts, bilateral import–export flows, tariff structures, elasticity differentials between developed and developing economies, geographic distance, and import demand projections. Using weighted trade values from 2020–2024 as the base period to project country-to-country export potential for 2030, these inputs are operationalized through calculated drivers such as gravity model parameters, tariff impact factors, and projected GDP per-capita growth. Through an analysis of hidden potentials, demand hotspots, and market conditions that are most favorable to success, this method enables firms to focus on target countries, maximize returns, and global expansion with data, backed by accuracy.

By factoring in the projected importer demand gap that is currently unmet and could be potential opportunity, it identifies the potential for the Exporter (Country) among 190 countries, against the general trade analysis, which identifies the biggest importer or exporter.

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