The Mainstream PLM Software market in China showed growth during the global recession of 2008–2009, when the growth of the Global PLM Software market was sluggish. This market has been witnessing growth from both the large cities of China and small geographies. This is mainly because small and medium-scale manufacturers have begun to prefer PLM solutions for their business process. The Mainstream PLM Software market in China is expected to grow at a CAGR of 21.1 percent during the period 2011–2015.
The ITO market in China continued to grow during the recent economic slowdown. The demand for ITO in the ITO market in China originates primarily from large corporates, small and mediumsized enterprises (SMEs), and government organizations. The ITO market in China consists of application management, desktop management, hosted application management, hosting infrastructure services, infrastructure services outsourcing, and network management services.The market is expected to grow at a CAGR of 15.1 percent during the period 2011–2015.