The Software Development industry is expected to generate $689.5 billion in 2015, up 11.6% from 2014. The industry has grown strongly at an average annual rate of 21.4% over the past five years due to strong demand from downstream software users and the government, as well as solid pricing levels. This industry's development has also been supported and encouraged by the Chinese government. In 2011, the government released its No. 4 document, which laid out a series of policies favoring the software and electronic industry. It is helpful for bringing another round of high growth to the software industry.
The Software Development industry in China comprises establishments that primarily provide software products, including applications software, system software and support software, as well as software-related services, such as software design, testing, outsourcing, programming and analysis.
The report covers the scope, size, disposition and growth of the industry including the key sensitivities and success factors. Also included are five year industry forecast, growth rates and an analysis of the industry key players and their market shares.