Reducing piracy by 10% could boost the UK economy by £4.5bn, a study from analyst house IDC has estimated.
Business Software Alliance (BSA), which commissioned the study, is campaigning for the government to create a stronger deterrent environment by strengthening IP damages law in the UK.
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The study also found that a reduction in PC software piracy by 10 percentage points over four years (currently standing at 27%), could create a stronger local IT sector, generate 13,220 new high paying jobs and £1.08bn in tax revenues.
John Gantz, chief research officer at IDC, said, "Policy makers should find a compelling case for taking steps to reduce software piracy in order to reap the economic benefits of a strong national software and IT sector. It is clear that reducing software piracy delivers real results that help real people with real challenges."
"When countries take bold steps to reduce software piracy, everyone stands to benefit," said Julie Strawson, chair of the BSA UK member committee.