Asia-Pacific content management market generated $127.6 mln in 2005
The content management software market in APEJ is still a nascent market that accounts for a very small slice of the total software market in the region. Nonetheless, the market grew strongly by 25.1% to reach $127.6 mln in 2005 on the back of rapidly increasing demand for digitized information, rising competitiveness, compliance issues, and favorable exchange rates. While all the country markets registered positive growth in 2005, the key contributors were Australia, Korea, India and the People’s Republic of China (PRC). Australia and Korea are projected to remain the largest markets for content management software throughout the forecast period while the strongest growth is expected from India.