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Gartner: China's biz software market to grow 14.6 percent

IDG News Service | March 19, 2010
China's enterprise software market is forecast to maintain its strong performance, with an estimated compound annual growth rate (CAGR) of 14.6 per cent from 2008 to 2013, said Gartner.

Gartner expects increases in spending across the infrastructure and application software segments in 2010. However, the infrastructure software market's size is forecast to be nearly double that of application software through 2013, with a CAGR of 15.1 per cent, while application software has an expected CAGR of 13.7 per cent, said the research firm. Priority areas of software spending include enterprise resource planning (ERP), office suites, operating systems and database management systems, it added.

In the next five years, the fastest-growing segment will be data integration and data quality tools, with a CAGR of 32.4 per cent, although it is growing from a small base, said Gartner, adding that Chinese enterprises are lagging behind in terms of adoption of these tools, resulting in the fast growth of this market.

 

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