China Software Industry Report, 2007-2008 Available Now

Mon Jan 14, 2008 9:00pm EST
 
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DUBLIN, Ireland--(Business Wire)--Research and Markets
(http://www.researchandmarkets.com/reports/c79470) has announced the
addition of "China Software Industry Report, 2007-2008" to their
offering.

   The operating revenue of China software industry reached
RMB378.499 billion in the first three quarters of 2007, up 23.6
percent compared to the same period last year and being higher than
the growth rate of 20.1 percent for electronic information industry.

   Since 2006, the Ministry of Information and relevant Ministries
have issued a series of policies to support the development of large
well-known software enterprises. With the increasing saturation of
informatization demand by large enterprises, the informatization
demand of medium and small sized enterprises will be the new market
growth. According to our forecast, the investment into the information
construction of medium-small sized enterprises will be up to US$15.87
billion by 2010. As the agriculture tax, animal husbandry tax and tax
on special agricultural products have been cancelled, the disposable
income of farmers increases considerably. With the further opening of
agriculture, the growth of farmers' income and the progression of
urbanization, information construction in rural areas will be the new
potential of the market.

   It is the handsome profit model and the demand for informatization
that conduce to the fast development of China software industry.
Chinese manufacturers have comparative advantages in software service
and mixed profit model. Based on market scale, profit margin and
comparative advantages, we are confident about the development of
software outsourcing and management software pattern.

   In 1H 2007, China's offshore outsourcing revenue amounted to
RMB6.53 billion. The annual compound growth rate in the coming five
years can be up to 37.9 percent. Since application, strict barriers
characterize software and being quite attractive to users, the famous
related enterprises will be exceedingly developed. The steady supply
of rich qualified talents in China secures the strong growth of
China's offshore outsourcing business.

   Chinese management software market is gradually entering the
maturity period, and the cooperation and acquisition become trends.
There is steady rising of market concentration. The endogenous growth
of profit model, barriers, scale economy and positive feedback effect
of management software industry result in that the large companies
will grow ever larger. We believe that the manufacturers with
self-developed products, rich experience and client resources will
possess comparative advantages, and the advantages of leading
enterprises and special product enterprises will be obvious.

   Companies Mentioned:

   -UFIDA Software Co., Ltd

   -Kingdee International Software Group Co., Ltd

   -eAbax Software Co., Ltd

   -Beijing Shiji Information Technology Co., Ltd

   -Bright Oceans Inter-telecom Co., Ltd

   -Shanghai Baosight Software Co., Ltd

   -Guangdong Yuanguang Software Co., Ltd

   -Sunyard System Engineering Co., Ltd

   -NEUSOFT Co., Ltd

   -Zhejiang University Innovation Technology Co., Ltd

   -SinoCom Software Group Limited

   -Shanghai HYRON Software Co., Ltd

   -Shanghai Hi-tech Control System Co., Ltd

   -Beijing DHC Digital Technology Co., Ltd

   For more information, visit
http://www.researchandmarkets.com/reports/c79470

Research and Markets
Laura Wood, Senior Manager
Fax: +353 1 4100 980
press@researchandmarkets.com

Copyright Business Wire 2008

 

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