What is the current Australia ICT Market size?

The Australia ICT Market is projected to register a CAGR of 8.20% during the forecast period (2024-2029) Read More

Who are the key players in Australia ICT Market?

Samsung Electronics Co., Ltd, Microsoft Corporation, IBM Corporation, Infosys Limited and Accenture plc are the major companies operating in the Australia ICT Market. Read More

What years does this Australia ICT Market cover?

The report covers the Australia ICT Market historical market size for years: 2019, 2020, 2021, 2022 and 2023. The report also forecasts the Australia ICT Market size for years: 2024, 2025, 2026, 2027, 2028 and 2029. Read More

Australia ICT Market Size & Share Analysis - Industry Research Report

Australia ICT Market Size & Share Analysis - Growth Trends & Forecasts (2024 - 2029)

The Australian ICT Market is Segmented by Type (Hardware, Software, IT Services, Telecommunication Services), Size of Enterprise (Small and Medium Enterprises, Large Enterprises), and Industry Vertical (BFSI, IT and Telecom, Government, Retail and E-commerce, Manufacturing, Energy and Utilities, and Other Industry Verticals). The market sizes and forecasts are provided in terms of value in USD million for all the above-mentioned segments.

Australia ICT Industry Overview

The Australian ICT market is moderately competitive and moving toward the fragmented stage as the market currently consists of various significant players. Several key players in the ICT market are in constant efforts to bring advancements. A few prominent companies are entering into collaborations and expanding their footprints in developing regions to consolidate their positions in the market. Some of the key developments in the market are:

In November 2022, SoftIron officially opened Australia's first-ever component-level IT infrastructure manufacturing facility. The facility is Australia's first advanced manufacturing hub that produces ICT componentry for SoftIron's ground-breaking HyperCloud Intelligent Cloud Fabric, the world's first complete technology for building clouds.
In October 2022, NBN Co welcomed the Government's commitment to invest USD 2.4 billion to roll out more fiber to communities across Australia. The new investment will enable an additional 1.5 million homes and businesses currently served by FTTN (Fibre to the Node) to upgrade to Fibre to the Premises (FTTP). These upgrades will help eligible customers more effectively work from home, operate online businesses, participate in online education, engage in telehealth consultations, stream entertainment, and connect with friends and family.