China Business Information Network: Industrial software refers to software that is specifically used or mainly used in the industrial field to improve the R&D, manufacturing, management level and industrial equipment performance of industrial enterprises. Traditional industrial software generally refers to large-scale industrial software deployed locally, but with the development of technologies such as cloud computing and , lightweight industrial software such as cloud chemical industrial software has begun to appear.
Global industrial software market size
Industrial software is widely used, and it undertakes industries such as upstream hardware equipment, operating systems, development tools and middleware in the industrial chain, and serves downstream power generation, building materials, chemical industry, metallurgy, coal mines and other application fields. According to data from China Industrial Technology Software Industry Alliance , the global industrial software market size gradually grew in 2021, from US$353.1 billion in 2016 to US$456.1 billion in 2021, with an annual compound growth rate of 5.3%. The market size in 2021 increased by 4.66% year-on-year compared with last year, and is expected to continue to grow in 2022 to reach US$477.95 billion.
Data source: China Industrial Technology Software Industry Alliance, China Business Industry Research Institute compiled
China Industrial Software Market Scale
In 2021, China's industrial software market size accounted for about 7.95% of the global proportion, reaching 241.4 billion yuan. Benefiting from the advantages of major manufacturing countries and the increase in the demand for informatization in the industrial manufacturing industry, the scale of my country's industrial software market has increased from 119.4 billion yuan in 2016 to 241.4 billion yuan in 2021, with an annual compound growth rate of 15.1%, which is far higher than the global 5.3%.
Data source: "China Industrial Software Industry White Paper (2021)", compiled by China Business Industry Research Institute
Driven by the global industrial 4.0 industry upgrade trend and the development of new generation information technologies such as 5G and cloud computing, my country's industrial enterprises will gradually transform to informatization, digitalization, and intelligence, and the demand for industrial software continues to increase; on the other hand, affected by special events such as Sino-US trade frictions and the new crown epidemic in recent years, foreign industrial software has gradually exposed problems in the ability to provide information security and sustainable localization services, and the demand for independent and controllable industrial software has been greatly increased.
For more information, please refer to the "Research Report on Market Prospects and Investment Opportunities of China Industrial Software Industry" released by China Commercial Industry Research Institute. At the same time, China Commercial Industry Research Institute also provides industrial big data, industrial intelligence, industrial research reports, industrial planning, park planning, , 14th Five-Year Plan, industrial investment promotion and other services.
