Industry Analysis & Industry Trends
The Software Publishing industry has grown steadily over the past five years, underpinned by increased online connectivity and the emergence of new technology. Increased access to high-speed internet has encouraged the development of software to take advantage of new hardware, such as smartphones and tablets. In particular, software development for smartphones and tablets has grown strongly, with new products being developed to carry out functions that were once the domain of PCs and gaming consoles. Industry revenue is expected to rise by an annualised 4.1% over the five years through 2014-15. This growth includes a projected increase of 4.8% in 2014-15, to reach $1.5 billion.
The industry faces strong external competition from large foreign software publishers such as Microsoft... purchase to read more
Industry Report - Industry Analysis Chapter
Increased online connectivity and the proliferation of smartphones and tablets have underpinned industry growth over the five years through 2014-15. Capital expenditure by the private sector has trended upward over the past five years, supporting demand for software products. New technologies that require software have been introduced and office and home reliance on computing technology has grown. This has meant that many new software products and software upgrades – particularly business software – are now generally regarded as essential. However, the global nature of the industry means that minimal software development is conducted onshore, with most of the large global technology companies only operating support and sales functions locally... purchase to read more