Analysis of the Development Prospects of the Software Industry in 2023

In recent years, China's software and information technology service industry has been operating well, with revenue and benefits maintaining rapid growth. In 2022, the software and information technology service industry in China achieved a cumulative software business revenue of 9499.4 billion yuan, a year-on-year increase of 17.7%

The software and information technology service industry in China is operating well, with rapid income and efficiency growth, and a steady increase in the number of employed people; The pace of industrial development towards high-quality direction is accelerating, the structure is continuously adjusted and optimized, new growth points are constantly emerging, and the ability to serve and support the construction of the two great powers is significantly enhanced. It is becoming an important driving force for the development of the digital economy and the evolution of a smart society. From January to November 2019, there were 40300 enterprises above designated size in the software and information technology service industry nationwide, with a cumulative software business revenue of 6461.6 billion yuan, a year-on-year increase of 15.5%.

From January to November 2019, the software industry achieved exports of 42.2 billion US dollars

In 2019, the growth rate of China's software exports remained stable. From January to November, the software industry achieved exports of 42.2 billion US dollars, a year-on-year increase of 3.4%, an increase of 0.7 percentage points compared to the same period last year, and an increase of 0.4 percentage points compared to January to October. Among them, the export revenue of outsourcing services increased by 11.1% year-on-year, an increase of 2.4 percentage points compared to January October; The export of embedded system software increased by 0.9% year-on-year, a decrease of 1.1 percentage points compared to January October.

The profitability of the top 100 enterprises in the industry has strengthened in 2019

On January 19, 2020, the Ministry of Industry and Information Technology released the "2019 Top 100 Enterprises in China's Software Business Revenue Development Report". According to statistics, the software companies released this time achieved a total of 821.2 billion yuan in software business revenue in 2018, an increase of 6.5% compared to the previous year, with over 30% of companies experiencing revenue growth exceeding 20%; The total profit generated was 196.3 billion yuan, an increase of 14.6% compared to the previous year, with an average main operating profit margin of 11.3%, maintaining a leading level in the industry; A total of 174.6 billion yuan was invested in research and development, an increase of 12.6% compared to the previous year, with an average research and development intensity of 10.1%, 2.2 percentage points higher than the industry average. Compared to 5 years ago, the profit margin of the main business revenue of the 100 software companies released this time has increased by 2.6 percentage points, and the research and development intensity has increased by 3.1 percentage points.

In 2021, China's software and information technology service industry achieved a profit of 1187.5 billion yuan, a year-on-year increase of 7.58%. Due to macroeconomic impact, the growth rate of total profit in 2021 has decreased. Since 2016, although the total profit growth rate of China's software and information technology service industry has slowed down, it still maintains a steady growth trend.

In 2022, with the acceleration of China's industrialization process and the increasing investment in information technology, with the support of a series of national policies, the scale of China's software and information technology service industry has rapidly expanded, and the technological level has been significantly improved. It has developed into an important component of strategic emerging industries. According to data, in 2021, there were over 40000 enterprises above designated size in the software and information technology service industry nationwide, with a cumulative revenue of 9499 software businesses completed