Market Share of Australia ICT Industry
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.
Australia ICT Market Leaders
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Samsung Electronics Co., Ltd
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Microsoft Corporation
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IBM Corporation
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Infosys Limited
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Accenture plc
*Disclaimer: Major Players sorted in no particular order
