China's Logistics Software Market Growing 19%

At a compounded annual growth rate of 19.15%, China's logistics management software market size will reach $116 million (RMB932 million) by 2009 according to Analysys International.

The total market size of third party management software in the logistics industry in China was US$48.5 million (RMB388 million) in 2005. After this year, according to a recent survey by Beijing-based Analysys International, a business research firm, growth will gradually slow down. However, the market will still keep a growth rate of 19.15% till 2009.

As China's logistics industry completely opens up, the Chinese domestic logistics industry will face heavy competition according to Analysys.

Anaylsys International: http://english.analysys.com.cn

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