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Australia Enterprise ICT Market Analysis and Future Outlook by Segments (Hardware, Software and IT Services)

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    Report

  • 64 Pages
  • December 2022
  • Region: Australia
  • GlobalData
  • ID: 5714508
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The Australia Enterprise ICT Country Intelligence Report (CIR) series provides an executive-level overview of the enterprise ICT revenue opportunity in Australia, with detailed forecasts of key indicators up to 2026. The report provides detailed analysis of country's overall enterprise ICT revenue opportunity market and its growth drivers, market trends and challenges. The report includes key macroeconomic indicators and provides an in-depth coverage of regulatory trends and government initiatives influencing the overall ICT landscape within Australia. It sheds focus on enterprise ICT revenue opportunity within Australia by solution areas and their sub-segmental analysis as well as ICT revenue opportunity across 18 industry verticals and 5 enterprise size band categories. The report also gives an indication of ICT revenue opportunities in Australia covering 18 ICT products/services and more than 100 categories over the forecast period 2021-2026.

The country intelligence provides information and insights into ICT revenue opportunity by enterprises in Australia:

  • Overall enterprise ICT revenue opportunity for Australia
  • Macroeconomic and regulatory context and government inititiaves
  • Insights on Australia's enterprise ICT revenue opportunity growth drivers, market trends and challenges
  • Breakdown of enterprise ICT revenue opportunity by solution areas, end-use verticals and enterprise size band
  • Segmental analysis of Australia's enterprise ICT revenue opportunity - hardware, software and services
  • Australia's technology theme exposure by signal and by time
  • Company snapshot

Scope

  • Australia's ICT market revenue is expected to increase at a CAGR of 7.3% over 2021-2026, mainly due to ongoing initiatives taken by the Australian government and growing enterprise ICT investment for overall digital transformation.
  • Investments made by businesses across industries in digital transformation, particularly expenditure on the adoption of AI, IoT, cloud, and cybersecurity, will present numerous opportunities for ICT vendors and service providers.
  • Australia's overall ICT market revenue is expected to increase from $58.3 billion in 2021 to $82.9 billion by 2026 at 7.3% CAGR over 2021-2026 mainly due to the government's policies and strategies to encourage technology adoption.
  • According to the publisher, Australia's ICT market would see the majority share of its revenue come from the IT services segment over the forecast period. Revenue from IT services reached $38 billion in 2021 and is set to grow up to $54.8 billion in 2026 at a CAGR of 7.6%.
  • Cloud computing is the dominant IT solutions category in terms of overall revenue opportunity in 2021 ($9.1 billion), it's projected to grow up to $17.1 billion by 2026.
  • BFSI is the largest independent end-use vertical segment for ICT in Australia, in terms of revenue contribution, and will remain so over the forecast period. ICT revenue from the manufacturing sector reached $7.7 billion in 2021 and will grow up to $11.1 billion in 2026 at a CAGR of 7.6%.

Reasons to Buy

  • This Country Intelligence Report offers a thorough, forward-looking analysis of Australia's enterprise ICT revenue opportunity market in a concise format to help executives build proactive and profitable growth strategies.
  • Accompanying the publisher's Forecast products, the report examines the assumptions and drivers behind ongoing and upcoming trends in Australia's enterprise ICT market.
  • The report also presents an analysis of enterprise ICT revenue opportunity by various solution areas, enterprise size band, end-use verticals, and segment over the forecast period 2021-2026.
  • With more than 50 charts and tables, the report is designed for an executive-level audience, boasting presentation quality.
  • The report provides an easily digestible market assessment for decision makers built around in-depth research, which enables executives to quickly get up to speed with the current and emerging trends in Australia's Enterprise ICT Revenue Opportunity.

Table of Contents

  • Australia Enterprise ICT Market Highlights
  • Macroeconomic and Regulatory Context
  • Macroeconomic Context
  • Regulatory Context and Government Initiatives
  • ICT Market Outlook
  • Total ICT Revenue Opportunity
  • IT Hardware Segment Outlook
  • Revenue Growth and Percentage Share of ICT
  • IT Software Segment Outlook
  • Revenue Growth and Percentage Share of ICT
  • IT Services Segment Outlook
  • Revenue Growth and Percentage Share of ICT
  • Alternative Datasets
  • Competitive landscape
  • Additional Resources