Core Insights - Industrial software is a cornerstone of intelligent manufacturing, experiencing steady growth driven by policy support and technological advancements, particularly in AI integration [1][2] - The Chinese manufacturing industry's path towards intelligent transformation is clear, with ongoing strong policy support and specific targets set for digital penetration by 2025 [2] - The Chinese industrial software market is showing robust growth and structural differentiation, with a projected market size of 765 billion yuan by 2029, reflecting a compound annual growth rate of 19.1% [3] Policy Support - The "14th Five-Year Plan" for intelligent manufacturing outlines specific goals, including a digital penetration rate exceeding 70% for large-scale manufacturing enterprises by 2025 [2] - Recent policies emphasize the importance of industrial software and operating systems as key technologies for achieving high-quality and secure intelligent upgrades [2] Market Growth - The industrial software market reached 354.14 billion yuan in 2024, with expectations to grow to 765 billion yuan by 2029, indicating a strong demand driven by both policy and market needs [3] - Domestic manufacturers are gaining market share in production control and management sectors due to customized services and cost advantages, particularly in high-end ERP markets [3] Technological Integration - AI is deeply integrated with industrial software, enhancing capabilities in design, production control, and quality management, thus driving intelligent transitions across various manufacturing stages [4] - The application of physical AI is enabling high-fidelity simulations and predictions in advanced equipment and low-altitude economies, contributing to the realization of the "China Manufacturing 2035" strategy [4]