Chinese software market to double in the next 5 years

Despite rampant piracy, the packaged software market in China will more than double in the next five years to $5.81 billion, according to IDC.

Despite rampant piracy, the packaged software market in China will more than double in the next five years to $5.81 billion, according to IDC. Packaged software market in China will grow at CAGR of 22.4% from 2004 to 2008.