China: number of companies in the software industry 2022 | Statista (2024)

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Companies in the software industry in China 2012-2022

Registered companies in China

At the end of 2022, around 169 million market entities were registered in China, of which 52.8 million were enterprises. The number of corporate enterprises that have their own legal entity reached 32.8 million in 2022.

China ICT Market Overview

The China ICT market was valued at US$ 544.22 billion in 2022 and will grow at a compounded annual growth rate (CAGR) of 12.13% to reach a value of US$ 964.47 billion by 2027. The cumulative revenue generation for ICT providers in China is estimated at US$ 4,367.33 billion for 2022-2027.

Revenue in the Software market is projected to reach US$39.88bn in 2024. Enterprise Software dominates the market with a projected market volume of US$16.98bn in 2024. Revenue is expected to show an annual growth rate (CAGR 2024-2028) of 11.31%, resulting in a market volume of US$61.23bn by 2028.

The statistic shows the number of companies in the software industry in China from 2009 to 2022. In 2022, over 35,000 companies were active in the software industry in China.

As of the end of 2022, data indicates the operation of around 5,000 Chinese-owned companies in the United States, spanning diverse industries such as technology, manufacturing, finance, and real estate.

China ranks highest in Knowledge and technology outputs (6th). China ranks lowest in Institutions (43rd), Infrastructure (27th) and Human capital and research (22nd). The full WIPO Intellectual Property Statistics profile for China can be found on this link.

TOKYO -- China leads advanced technological research in 80% of critical fields including hypersonics and underwater drones, a report from an Australian think tank shows, as the country pulls ahead of the U.S., Europe and Japan through state-led investment.

The USA is a global leader in the IT industry, with Silicon Valley as the world's largest hub for innovation and technology. This country has created the biggest technology companies in the world such as Google, Meta, Apple, and Microsoft, which keep reaching new levels and changing people's way of living worldwide.

What is the largest tech company in China? ›

Founded in 1999 by Jack Ma, Alibaba is now the world's largest e-commerce company operating a wide array of businesses from online retail, electronic payment services, and cloud computing services in over 200 countries.

The SaaS market in China reached nearly RMB 73 billion in 2021 and is expected to reach RMB120 billion by 2024 with significant growth in CRM, ERP, and cloud services.

China has the biggest number of software developers in the world – almost 7 million people. It is followed by India with nearly 5 million software engineers. Other top countries are the US – 4.4 million, Germany – 1 million, and Japan – 918K.

Baidu is China's largest and most widely used search engine, much like Google in the U.S.

Number of listed companies in China reaches 5,346 by end of 2023. BEIJING, Feb.

Some American companies having a large customer base in China are Apple, General Motors, Nike, Walmart, Microsoft, KFC, Starbucks, Adidas, and Coca-Cola. The list is long and the question is why the Chinese market is an attraction for American Companies to expand their business.

By conventional measures, China has 391,000 state-owned enterprises (SOEs), but new analysis of state ownership among all 40 million registered firms in China finds that 363,000 firms are 100% state-owned, 629,000 firms are 30% state-owned, and nearly 867,000 firms have at least some state ownership.

Total number of Chinese companies on Fortune Global 500 List drops first time in 15 years. (ECNS) -- The Fortune Global 500 list for 2023, released Wednesday, revealed that 135 companies were from the Chinese Mainland and Hong Kong, one less than the previous year, the first drop in 15 years.