China Software Industry Association China Software Industry Associationactive associations in the China software industry . Its goal is to promote the development of software industry in China and provide a hub with overseas markets.empowered by the nation's state country under the "No.18 Document" as part of the 46 local software industry associations to become a key tool to the country's information industry .intellectual property rights protection, and other activities related to setting industry regulation drivers within the country . The organization's members include major multinational corporations such as Microsoft as it enables them to meet fellow software industry organizations, innovators, and enhance the industry.Domestic software industry China's software industry grew at a CAGR of more than 39% over the period from 2001 to 2007 and is further anticipated to grow at a CAGR of nearly 22% through 2012. Rapid growth in IT spending among various industrial segments, including government, banking and manufacturing are likely to propel the domestic software industry in near future . The ongoing large-scale endeavors for 3G deployments are expected to fuel growth in the demand for 3G telecom software across various application platforms. Expanding broadband infrastructure with increased Internet penetration among Small and Medium Businesses will help the SaaS market to grow at a CAGR of approx 44% during 2008-2012. The software outsourcing market is anticipated to grow at a CAGR of nearly 34% from 2008 to 2012. The current perception of lack of required talent in coming few years is urging the foreign IT training and education centers to expand into China's IT education market.Key companies Software parks China's Top Ten Software Technology Parks , according to CCID Consulting as of February 2008 :
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