/24-7PressRelease/ - NEW DELHI, INDIA, June 29, 2008 - RNCOS has recently added a new Market Research Report titled, "Srilankan ICT Market Analysis" to its report gallery. The report explains the current and future scenario of the IT and telecom sectors covering Personal Computer, Internet, mobile & fixed telephony, and broadband. The report highlights the key success factors and challenging issues for the Sri Lankan ICT industry and provides a rational analysis on its various aspects. The research findings will help the investors, financial service providers and global IT and telecom players to evaluate their success chances in the growing ICT market in Sri Lanka.
Key Findings
- During 2001-2007, total broadband subscribers in Sri Lanka grew at a CAGR of 143.99%.
- Total Internet users in Sri Lanka expanded at a CAGR of 40.2% during 2004-2007.
- Sri Lanka witnessed a massive increase of around 20% in its IT workforce in 2006 over 2005.
- Sri Lanka's telecom sector soared in 2007 to 10.7 Million subscribers, led by a 47.9% jump in new mobile phone subscribers due to competition and falling call rates.
- Fixed-line subscribers (including wire-line and WLL) in the country rose to 2.7 Million in 2007 from 1.88 Million a year ago. With this, fixed-line subscriber penetration too increased from 4.42 per 100 people in 2001 to 13.1 per 100 people in 2007.
- As of 2007, the western part of Sri Lanka, accounting for 44% of total fixed-line telephone subscribers, had the major fixed-line telephone subscriber base.
Key Issues & Facts Analyzed
- What is the current scenario of the IT industry in Sri Lanka?
- What are the major factors driving the Sri Lankan ICT Industry?
- What are the forces working against the ICT Industry?
- What are the opportunities associated with Sri Lankan ICT industry?
- What will be the future outlook of the Sri Lankan ICT industry?
Key Players
This section provides overview and financial information on the prominent fixed-line operators, like Sri Lanka Telecom and Suntel Lanka Ltd; mobile operators, like Celltel Lanka Ltd, Dialog Telekom Limited, Hutchison Telecommunications Lanka (Pvt) Ltd; and Internet service providers, like Lanka Communication Services.
Research Methodology Used
Information Sources
Information has been sourced from books, newspapers, trade journals, and white papers, industry portals, government agencies, trade associations, monitoring industry news and developments, and through access to over 3000 paid databases.
Analysis Methods
Methods used for analyzing the facts and figures given in this report include ratio analysis, historical trend analysis, judgmental forecasting, and cause and effect analysis.
About RNCOS:
RNCOS, incorporated in the year 2002, is an industry research firm. It has a team of industry experts who analyze data collected from credible sources. They provide industry insights and analysis that helps corporations to take timely and accurate business decision in today's globally competitive environment.
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