China Software Market Statistics (packaged software, 2001):
1. IBM – USD 111 million – 6.8% market share
2. Microsoft – USD 84 million – 5.2%
3. Oracle – USD 58 million – 3.6%
Writes Cnet: “According to IDC, China’s software industry was valued at $1.62 billion last year. By 2006, it is expected to increase to $7.8 billion at a compound annual growth rate of 36.9 percent from 2001.”
