机构预测国产化软件市场2027年规模将达1.2万亿，软件ETF(159852)涨超2.1%，冲击4连涨

Core Insights - The software service index in China has shown a strong upward trend, with a notable increase of 2.19% as of October 28, 2025, driven by significant gains in key stocks such as Kingsoft Office, which rose by 8.77% [1][3] - The software ETF has experienced a cumulative increase of 3.28% over the past week, indicating a robust performance in the sector [1][3] Market Performance - The software ETF recorded a turnover rate of 7.77% and a transaction volume of 4.51 billion yuan, reflecting active trading [3] - Over the past two weeks, the software ETF's scale has increased by 92.39 million yuan, with a notable growth in shares by 76 million [3] - The latest net inflow of funds into the software ETF was 11.84 million yuan, with a total of 112 million yuan attracted over the last ten trading days [3] Growth Projections - By 2027, the market size driven by domestic substitution in government procurement is expected to reach 1.2 trillion yuan, with a compound annual growth rate of approximately 18% [3][4] - The Chinese operating system market is projected to reach 25 billion yuan by 2025, while the database market is expected to grow to 51.2 billion yuan [4] Industry Developments - The domestic computing ecosystem is continuously improving, with companies like Cambrian optimizing AI model compatibility and reducing costs in long-sequence scenarios [4] - The market share of domestic CAD software manufacturers has risen to 27%, and breakthroughs have been made in EDA tools for circuit design [4] Key Stocks - The top ten weighted stocks in the software service index account for 62.41% of the index, with notable performers including iFlytek, Tonghuashun, and Kingsoft Office [4][6] - The performance of key stocks includes iFlytek at 2.33%, Tonghuashun at 3.65%, and Kingsoft Office at 8.77%, indicating strong market interest [6]