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Software - China

China
  • China's Software market is forecasted to see a significant increase in revenue, with projections indicating it will reach US$41.38bn in 2025.
  • The market segment that holds the largest market share is Enterprise Software , with an estimated volume of US$18.73bn in the same year.
  • This dominance is expected to continue in the coming years.
  • The Software market in China is anticipated to experience a steady growth rate, with a projected Compound Annual Growth Rate (CAGR) of 10.55% from 2025 to 2029.
  • This growth trajectory is expected to result in a market volume of US$61.81bn by the end of 2029.
  • When compared globally, it is worth noting that United States is expected to generate the highest revenue in the Software market, with an estimated US$379.29bn in 2025.
  • This highlights United States' significant position in the global software industry.
  • China's software market is rapidly expanding, driven by the country's strong emphasis on technological innovation and digital transformation.

Revenue

Notes: Data was converted from local currencies using average exchange rates of the respective year.

Most recent update: Sep 2024

Source: Statista Market Insights

Notes: The chart “Comparable Estimates” shows the forecasted development of the selected market from different sources. Please see the additional information for methodology and publication date.

Most recent update: Jul 2024

Notes: Data was converted from local currencies using average exchange rates of the respective year.

Most recent update: Sep 2024

Source: Statista Market Insights

Key Players

Most recent update: Feb 2025

Source: Statista Market Insights

Analyst Opinion

China has become a global powerhouse in the technology industry, with a booming software market that has been rapidly growing in recent years. The country's software market is unique in several ways, with customer preferences and local special circumstances driving the trends in the market.

Customer preferences:
Chinese customers are increasingly demanding high-quality software that is both reliable and user-friendly. This has led to a surge in demand for software that is tailored to the Chinese market, including social media platforms, e-commerce applications, and mobile payment systems. Additionally, Chinese customers are highly price-sensitive and are often willing to switch to cheaper alternatives if they feel that the quality of the software is not up to par.

Trends in the market:
One of the most significant trends in the Chinese software market is the rise of artificial intelligence (AI) and machine learning. Chinese companies are investing heavily in AI technology, with the Chinese government providing significant support in this area. This has led to the development of a wide range of innovative AI-powered software applications, from chatbots and virtual assistants to autonomous vehicles and facial recognition systems.Another trend in the Chinese software market is the increasing focus on cloud computing. As more and more Chinese companies move their operations online, the demand for cloud-based software solutions has skyrocketed. This has led to the emergence of several major players in the Chinese cloud computing market, including Alibaba Cloud, Tencent Cloud, and Huawei Cloud.

Local special circumstances:
One of the unique aspects of the Chinese software market is the government's role in regulating the industry. The Chinese government has implemented several policies aimed at promoting the development of the domestic software industry, including tax incentives, subsidies, and preferential treatment for Chinese companies. Additionally, the government has implemented strict regulations on foreign software companies operating in China, which has led to the emergence of several homegrown Chinese software companies that dominate the domestic market.

Underlying macroeconomic factors:
China's rapid economic growth in recent years has been a major driver of the country's software market. As the Chinese middle class has grown, so too has the demand for high-quality software solutions that can meet the needs of this increasingly tech-savvy population. Additionally, China's large and rapidly growing population has made it an attractive market for software companies looking to expand their reach. Finally, the Chinese government's focus on promoting innovation and technological development has created a favorable environment for the growth of the software industry.

Global Comparison

Notes: Data was converted from local currencies using average exchange rates of the respective year.

Most recent update: Sep 2024

Sources: Statista Market Insights, Financial Statements of Key Players, National statistical offices

Methodology

Data coverage:

The data encompasses B2B, B2G, and B2C enterprises, except for the Enterprise Software segment, in which consumer (B2C) spending is not considered. Figures are based on the allocation to the country where the money was spent at manufacturer price level (excluding VAT).

Modeling approach / Market size:

Market sizes are determined through a top-down approach with a bottom-up validation, building on a specific rationale for each market segment. As a basis for evaluating markets, we use annual financial reports of the market-leading companies and reports from our primary research. In addition, we use relevant key market indicators and data from country-specific associations, such as GDP, level of digitization, GDP sector composition, and observed level of software piracy. This data helps us estimate the market size for each country individually.

Forecasts:

In our forecasts, we apply diverse forecasting techniques. The selection of forecasting techniques is based on the behavior of the relevant market. The main drivers are the GDP and the level of digitization.

Additional notes:

The data is modeled using current exchange rates. The market is updated twice a year in case market dynamics change. The impact of the COVID-19 pandemic is considered at a country-specific level.

Technology

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Key Market Indicators

Notes: Based on data from IMF, World Bank, UN and Eurostat

Most recent update: Jan 2025

Source: Statista Market Insights

Explore more high-quality data on related topic

Software development - statistics & facts

Imagine a world without the apps you use daily, the games you enjoy, or the websites you rely on. Software development is the invisible hand behind this digital magic, transforming ideas into the tools that shape our lives. Software development is the process of creating, designing, deploying, and supporting software. It includes all the computer activities between the software's conception and final manifestation.

These activities are planned and put into stages in a logical order, a process known as the software development life cycle (SDLC) or software development. The SDLC often includes six stages: requirement analysis, design, development, testing, implementation, documentation, and evolution. Programming languages such as JavaScript and C++ are used to create software, with JavaScript being the most popular programming language in 2023 and used by roughly 65 percent of software developers.

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