Australia Software Market Summary, Competitive Analysis and Forecast to 2027

Software in Australia industry profile provides top-line qualitative and quantitative summary information including: market share, market size (value 2017-22, and forecast to 2027). The profile also contains descriptions of the leading players including key financial metrics and analysis of competitive pressures within the market.

Key Highlights

• The software market is defined as revenues generated from both: sales of, and subscriptions to, various software packages and offerings. The market includes both signed deals that remain under contract, and the annual revenues associated with new contracts signed, within a particular calendar year. This excludes sales opportunities for third-party services providers.
• According to a study by GlobalData, more than 60% of Australian businesses have increased their ICT budgets in 2022, with IT security, cloud computing, and digital transformation emerging as the top investment priorities.

Scope

• Save time carrying out entry-level research by identifying the size, growth, major segments, and leading players in the software market in Australia
• Use the Five Forces analysis to determine the competitive intensity and therefore attractiveness of the software market in Australia
• Leading company profiles reveal details of key software market players’ global operations and financial performance
• Add weight to presentations and pitches by understanding the future growth prospects of the Australia software market with five year forecasts

Reasons to Buy

• What was the size of the Australia software market by value in 2022?
• What will be the size of the Australia software market in 2027?
• What factors are affecting the strength of competition in the Australia software market?
• How has the market performed over the last five years?
• Who are the top competitors in Australia's software market?