China Booming Market for Engineering Software - Cambashi
 CAMBRIDGE,
UK, Feb 15, 2008 - According to the latest figures released by engineering
and enterprise IT applications market research and analysis consultants,
Cambashi, in 2007 the Greater Chinese market for engineering applications
software grew at nearly double the rate for Asia Pacific as a whole. At US$
600m (4.6 Bn CNY), it now accounts for nearly 20% of Asia Pacific
expenditure.
With 35% growth in demand for engineering applications software in 2007,
Greater China, including Hong Kong, is the fastest growing country in the
fastest growing region of the world. Asia Pacific as a whole grew 20% in
2007. By the end of the decade Cambashi expects that figure to rise to over
a quarter of the total regional spend.
China – Sleeping Giant starts to wake?
Mike Evans, Director of Research at Cambashi explains, “Whilst global
providers of engineering applications are also increasing their revenues in
China, domestic developers continue to make progress. As their lower-cost
solutions gain traction, it will be difficult for non-Chinese developers to
compete at the prices they now maintain. We expect that demand will continue
to be high for engineering applications, but, increasingly, to be supplied
by domestic software.”
Local providers have a large share of the user base; however, global
providers, with high-end solutions, take the lion’s share of the revenues
generated. In particular Siemens PLM does well, following their long
association with government and quasi-government businesses; Dassault and
PTC are also making progress in this area. Autodesk, with lower-end
products, is in the most competitive position with local providers, like
ZWCAD, who tend to provide low-cost generic CAD. Other local providers, like
ZongDi, provide more sophisticated GIS systems, and CAXA, with over 150,000
users, claims dominance in the CAM market as well as a large share of the
Mechanical CAD market.
Continuing driver of growth
Cambashi expects that China will continue to be a driver for growth in
APAC, as their industries continue to modernize and domestic demand for more
sophisticated products increases. Piracy, as measured by the BSA, continues
to be a problem for all providers, though according to their latest report,
in 2006 rates dropped to 82% of all software, from 92% in 2003. It is hoped
that the Chinese government will continue to make progress, as loss of
income hampers both global and local providers in their development of
software and the market as a whole.
About Cambashi
Cambashi, based in Cambridge, provides independent research and analysis
of the business reasons to use of IT in industry world-wide. Its specialist
fields include Engineering and Enterprise applications and the
infrastructure to enable industrial firms to use IT effectively. Cambashi
publishes market size estimates in the Engineering Applications Market
Observatory. Its clients vary in size from small to large and include most
of the leading software vendors and many pioneering IT users. Cambashi is a
member of CATN, an international association of consultants. For more
information visit at www.cambashi.com.
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Source: Material used in press releases is often supplied by external
sources and used as is.
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