Wall Street

Software piracy declines in emerging markets

BSA reports $34 million in global losses

Online Stock Market Trading By WTN News • 05/24/06 Washington, D.C. - Reductions in software piracy were reported in several emerging markets, but 35 percent of the packaged software installed on personal computers worldwide in 2005 was illegal, amounting to $34 billion in global losses, according to an annual study released by the Business Software Alliance.

Stock markets across Asia fell Tuesday, tracking Wall Street's decline on renewed concerns about the crisis in credit markets and worries that record oil prices will dampen consumer spending in an already slowing economy.

Stock Investing Course The BSA, an international association of the world's leading software developers, said improvements in a number of markets indicate that education, enforcement, and policy efforts are beginning to reduce the incidence of piracy in China, Russia, and India, and in Central and Eastern Europe and the Middle East & Africa.

"The excitement surrounding properties like YouTube clearly showcases why the multimedia software and services segment is so incredibly hot right now, " said Rob Enderle, Principal Analyst for the Enderle Group, a leading San Jose, based research firm covering emerging hardware and software markets. "The enormous mass market potential for products that provide solutions for this rapidly growing segment simply has not yet been realized. Corel is placing itself in the middle of this huge opportunity so that they can capitalize on this incredible opportunity and help drive market growth."

Stock Market Game Robert Holleyman, president and CEO of the BSA, said progress in emerging markets provides some encouragement, but more needs to be done. "With more than one out of every three copies of PC software obtained illegally, piracy continues to threaten the future of software innovation, resulting in lost jobs and tax revenues," he said.

The decline in consumer confidence and housing market may spark lower spending especially if the labor market weakens.

Stock Investing Game A previous IDC/BSA study showed that if the global piracy rate were to drop 10 points to 25%, it would create as many as 2.4 million new jobs, $400 billion in economic growth, and $67 billion in tax revenues worldwide.

news, books, business, booksellers, antiquarian Comments (0) March 7, 2007 @ 17 pm Book review sections in decline by Richard Davies () There is great concern that the Los Angeles Times is going to fold its Sunday book review section into a new section also containing opinion articles. The Wall Street Journal reported that the decline in the number of dedicated book review sections in major US newspapers was because publishers didn’t wish to advertise in them anymore.

Journal Prime Rate Street Wall Planetary pirates

African Bank provides unsecured credit that is affordable, employed emerging market to improve the quality of their lives using flexible, priced product offerings. employed emerging market African Bank also offers a service that is particularly relevant to all of South Africa's employers. In other words, if you're an employer, employed emerging market we serve makes up part of your organisation.

Stock Market News Global losses from software piracy amounted to $34 billion in 2005, an increase of $1.6 billion over the previous year. In countries with very large software markets, comparatively low piracy rates can amount to huge losses.

Stock Investing Basics While the United States had the lowest piracy rate of all countries studied at 21 percent, it also had the greatest losses - $6.9 billion. China saw the second highest losses at $3.9 billion with a piracy rate of 86 percent, followed by France with losses of $3.2 billion and a piracy rate of 47 percent.

Stock Investing Software Piracy rates decreased moderately in more than half (51) of the 97 countries surveyed in this year's study, and increased in only 19. The global rate was unchanged from 2004 to 2005 as large developed markets like the United States, Western Europe, Japan, and a handful of Asian countries continue to dominate the software market as their combined piracy rate remained flat.

Stock Market Trading Meanwhile, Russia saw a four point drop in its software piracy rate, and India's piracy rate declined two points. China, with one of the fastest-growing information technology markets in the world, dropped four points between 2004 and 2005.

Stock Investing For Dummy The study also found that 19 of the 26 countries in the Middle East and Africa declined somewhat, with 12 countries dropping two or more percentage points. In Central and Eastern Europe, the piracy rate declined in 15 of the 18 countries included in this year's study.

Stock Market Crash The countries with the highest piracy rates were Vietnam (90 percent), Zimbabwe (90 percent), Indonesia (87 percent), China (86 percent), and Pakistan (86 percent).

Stock Investing Tip The countries with the lowest piracy rates were the United States (21 percent), New Zealand (23 percent), Austria (26 percent), and Finland (26 percent).

Stock Market Chart The study was conducted by IDC, a global market research and forecasting firm. It covers all packaged software that runs on PCs. IDC conducted 5,600 surveys and enlisted IDC analysts in 38 countries to confirm software piracy trends.

[ Comment, Edit or Article Submission ]