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Software industry in China

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China's software industry grew at a CAGR of more than 39% over the period from 2001 to 2007 to reach RMB 506 billion and is further anticipated to grow at a CAGR of nearly 22% through 2012.

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[edit] Growth

Rapid growth in IT spending among various industrial segments, including government, banking and manufacturing are likely to propel the domestic software industry in near future.

The ongoing large-scale endeavors for 3G deployments are expected to fuel growth in the demand for 3G telecom software across various application platforms.

Expanding broadband infrastructure with increased Internet penetration among Small and Medium Businesses (SMBs) will help the SaaS market to grow at a CAGR of approx 44% during 2008-2012.

The software outsourcing market is anticipated to grow at a CAGR of nearly 34% from 2008 to 2012.

The current perception of lack of required talent in coming few years is urging the foreign IT training and education centers to expand into China's IT education market.

[edit] Top Chinese software companies

[edit] Exports

The exports are mainly driven by the software business given by Japan. Over 60% of Chinese exports are taken up by Japan, as there good number of Chinese who are aware of Japanese language and can develop software accordingly.

[edit] Linux

It is predicted that in China, Linux market (both server and client) will grow with an annual rate of 34 %. The client-side share growth will be comparatively faster.

[edit] Enterprise software

The Enterprise software market including ERP (Enterprise Resource Planning), SCM (Supply chain Management), EAM (Enterprise Asset Management), CRM (Customer Relationship Management) and financial software is still very small.

[edit] See also

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