An industry report says software piracy in Asia cost businesses more than $20 billion in lost sales last year.
The Business Software Alliance’s study released Wednesday said consumers in Asia Pacific countries used illegally copied computer software with a commercial value of $21 billion.
The figure was higher than any other region and an increase from $19 billion in 2010.
Software piracy is growing faster in developing nations where individuals and companies are buying more personal computers but are less willing to spend on software when cheap pirated versions are widely available.
The report estimated that software piracy resulted in lost sales of nearly $9 billion in China where 77 per cent of all software is illegally copied.