According to Goh, this is the first time that BSA has released the Domestic Software Industry Development Study. 'There is often a lack of information necessary for making policies and regulations in Asia, so with this study, we hope various government bodies can study what the implications are and what policies to move forward with,' he said.

'I hope to share this study with the CICT (Commission on Information and Communication Technology) because what we really want is to disseminate information to better guide them in making policies,' Goh added.