You must be careful reading too much into figures supplied by analyst companies. Most analysts in quiet moments will admit that if they are right 50 percent of the time they are doing pretty well. (How would you recognize a company that gets its forecasts right 100 percent of the time? That would be the office with the long line of millionaires holding large handfuls of money begging to be allowed to invest.)
Thus the report by Analysys International that at a compounded annual growth rate of 19.15 percent, China’s logistics management software market size will reach $116 million (RMB932 million) by 2009 is interesting.
Analysys thinks that total market size of third party management software in 2005 the logistics industry in China was US$48.5 million (RMB388 million) in 2005. And it says growth will gradually slow down.
A safe summing up is that China’s logistics management software market is a fair size and will grow, but not, perhaps, as fast as it has in the past.
Source: Anaylsys International