Released on: September 16, 2008, 11:34 pm

Press Release Author: Shushmul Maheshwari

Industry: Software

Press Release Summary: RNCOS has recently added a new Market Research Report titled,
“China Software - World Class Low Cost Manufacturing”, to its report gallery. This
report thoroughly studies China software industry by highlighting its driving
factors and major challenges.

Press Release Body: RNCOS has recently added a new Market Research Report titled,
“China Software - World Class Low Cost Manufacturing”, to its report gallery.
Traditionally, China has been widely known for its world-class low cost
manufacturing facilities. But the ongoing battle to make China a ‘hi-tech’
service-based economy has fuelled growth in the domestic software industry in recent
years. The factors that are encouraging the software players (both domestic and
foreign) to enter into China’s software industry include government support, easy
access to rapidly developing IT infrastructure, vast domestic potential and
availability of low cost resources, says the new RNCOS report.

According to this report, the Chinese government has made continuous efforts in the
form of IT investment, construction of software parks, and provision of quick
approvals to secure international investment to accelerate the China Software
industry at a rapid pace.

The potential of the industry is not only limited to the domestic consumption,
foreign majors are also eying the industry as viable software outsourcing
destination. In this regard, this report thoroughly studies China software industry
by highlighting its driving factors and major challenges. It also provides an
insight into the software industry by verticals and studies the key opportunity
areas that have emerged due to the fast growth of the software industry in China.

Key Research Findings

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

Key Issues Analyzed in the Report

- What is the current status of the software industry in China?
- How is the future outlook of the industry?
- What are the emerging trends in China software industry?
- How does software spending and adoption status in China vary by vertical industry?
- Which areas of the China software market are expected to show the fastest growth
over the next few years?
- Where do Chinese software companies lack in serving MNCs?
- How big is the China software outsourcing market and what are its future prospects?
- Who are the key players in China software industry?

Research Methodology Used in the Report

Information Sources
Information has been sourced from books, newspapers, trade journals, white papers,
industry portals, government agencies, trade associations, monitoring industry news
and developments, and through access to over 3000 paid databases.

Analysis Methods
RNCOS industry forecast and analysis is based on various macro- and microeconomic
factors, sector and industry specific databases, and our in-house statistical and
analytical model. This model takes into account the past and current trends in an
economy, and more specifically in an industry, to bring out an objective market
analysis.

Our industry experts study the relationship between various industry and economic
variables to ensure the required accuracy and desired check on the quality of data
and information given in the report.

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.

For more information visit: http://www.rncos.com/Report/IM145.htm
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