软件业务收入增速持续回升。上半年，我国软件业完成软件业务收入35609亿元，同比增长67％，增速较去年同期回落8．3个百分点，较一季度提高12．9个百分点。

在刚需得以验证的基础上，共享充电宝服务覆盖的场景类型快速丰富，出行、娱乐、医疗等场景的渗透率不断提升，而以餐饮为代表的传统场景虽然提供了大量优质点位和订单，但在全场景中的占比已经逐步下降。目前，餐饮、商超、娱乐等核心场景已成为共享充电宝运营商们的重点争扌仓对象，点位饱和度整体较高。厂商对新场景的持续挖掘，正在促进行业发展天花板进一步提高，同时利于厂商整合物联网生态链，深化共享充电宝全场景布局。

我们认为未来运营商RCS 分连接-生态-服务三步走，近景有望将传统短信市场400 亿空间提升到千亿规模；远景融合云、大数据、AI 等新型ICT 技术，运营商RCS 业务实现消息平台转型，市场空间可达3000 亿。目前行业处于做大连接第一步，运营商已经从试点示范向大规模招标跨越，手机厂商、平台建设商、技术服务商等生态伙伴共同推动行业应用落地。我们认为，5G 消息已驶入快车道，推荐重点关注生态服务商投资机会。

2014 年4G 时期受到线上销售新模式影响，传统线下渠道受到短期较大冲击。但是长期看终端产业链离不开线下分销渠道：由于智能终端市场规模庞大，没有分销渠道的前期垫资托盘，厂商无法短期完成资金回笼，其上游供应商无法最大化发挥资金效率；从数据看，2019 年线下渠道销售份额占比仍超过70%，今年出现稳定状态，很难再下滑。

2019 年以来，全球经济在震荡中前行，上一轮产业革命对生产效率的提升作用明显递 减。中国 GDP 增速放缓，原料、土地、人力资源等生产要素成本的不断上涨使传统行业的 利润受到压缩。中国 GDP 增长的科技进步贡献率达到 58.5%1，与发达国家相比仍有近 20 个百分点的增长空间。

The life sciences industry is moving from treatment to preventive scenarios and management of patient's health outcomes. In addition, early detection of disease patterns and strategic target is the key for effective business strategies. Thus, life science companies are demanding for analytics software that is used to transform data into useful insights. Further, benefits of analytics software in life sciences such as early detection of prescription and treatment patterns, strategizing patient outcomes and achieving better operational quality that drives the intellectual journey of patient centricity further boosts the growth of the global life science analytics software market. The market is derived exclusively on the basis of the revenue generated through software license, maintenance and subscription. These are used in research & development, clinical trials, preclinical trials, sales & marketing support, regulatory compliance, supply chain analytics and pharmacovigilance. It doesn’t include revenue generated from services provided by the companies.