Industry Analysis & Industry Trends
The Software Publishing industry has sustained steady growth over the past five years, underpinned by increased online connectivity and the emergence of new technology. Smartphones, tablets and high-speed internet access have led to the development of new software that substantially enhances the use of the new hardware. Smartphones can now hold games and software with a variety of purposes. Software purchases have bounced back from their sudden decline during the economic downturn. Industry revenue is forecast to expand by an annualised 4.1% in the five years through 2014-15. Revenue is projected to rise by 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 rising prevalence of smartphone gadgets have underpinned growth in the industry over the past five years. Capital expenditure by the private sector has exhibited an upward trend over the past five years, supporting industry revenue. The introduction of new types of technology requiring software, and the growing reliance on computing technology in the office and home, has meant that new software and software upgrades are now generally regarded as essential. However, the global nature of the industry has meant that minimal development is conducted onshore, with the majority of large global technology companies only maintaining support and sales functions locally... purchase to read more