Base Year
Historical Year
Forecast Year
Value in AUD billion
2024-2032
Australia Cloud Computing Market Outlook
*this image is indicative*
Software as a Service (SaaS) has been driving the Australia cloud computing market growth.
The Australia cloud computing market is increasing due to its ability to offer users accessibility and convenience, allowing them to access tools from various locations and devices. It enables businesses with faster adoption and implementation to focus on core operations without the burden of software maintenance. Further, it allows scalability and flexibility to easily scale up or down their usage based on business and is a cost-effective solution for businesses.
Infrastructure as a Service (IaaS) allows businesses to scale their infrastructure resources up to accommodate fluctuating workloads, seasonal peaks, and growth opportunities. It ensures businesses optimize performance, and allocate resources efficiently to meet changing business requirements. It also offers backup and snapshot features to protect data integrity and facilitate the recovery process. It implements robust security measures and data encryption to protect business resources and sensitive information, thus boosting the Australia cloud computing market.
TD SYNNEX company, Tech Data has launched its enhanced cloud services portfolio, featuring over 100 types of services across professional and support services. It also includes professional services and business applications to speed transformation.
Australia Cloud Computing Market Report and Forecast 2024-2032 offers a detailed analysis of the market based on the following segments:
Market Breakup by Service
Market Breakup by Deployment
Market Breakup by Enterprise Size
Market Breakup by End Use
Market Breakup by Region
Large enterprises often adopt cloud computing to streamline operations, enhance scalability, and reduce infrastructure costs. They leverage cloud services for large-scale data storage, analytics, and running complex applications.
SMEs utilise cloud computing for its affordability, flexibility, and ease of access to advanced technology. It allows them to compete with larger counterparts by enabling efficient collaboration, enhancing productivity, and accessing resources without significant upfront investments in IT infrastructure.
The growth of the cloud computing market is fuelled by the increasing number of entries in Australian businesses and growing need for data security to meet changing environment business needs.
*While we strive to always give you current and accurate information, the numbers depicted on the website are indicative and may differ from the actual numbers in the main report. At Expert Market Research, we aim to bring you the latest insights and trends in the market. Using our analyses and forecasts, stakeholders can understand the market dynamics, navigate challenges, and capitalize on opportunities to make data-driven strategic decisions.*
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The Australia cloud computing market was valued at AUD 16.16 billion in 2023.
The market is projected to grow at a CAGR of 11.84% between 2024 and 2032.
The revenue generated from the market is expected to reach AUD 44.24 billion in 2032.
Based on the service, the cloud computing market is bifurcated into infrastructure as a service (IaaS), platform as a service (PaaS), and software as a service (SaaS).
Key players in the industry are Amazon Web Services, Inc., Microsoft Corp., Salesforce, Inc., Broadcom Inc., Google LLC, Adobe, Inc., Alibaba Group Holding Limited, Oracle Corp., IBM Corp., and SAP SE among others.
Based on deployment, the cloud computing market is divided into public, private, and hybrid.
The different enterprise size in the cloud computing market include large enterprises and small and medium enterprises.
The market is broken down into New South Wales, Victoria, Queensland, Australian Capital Territory, Western Australia, and others.
Explore our key highlights of the report and gain a concise overview of key findings, trends, and actionable insights that will empower your strategic decisions.
| Report Features | Details |
| Base Year | 2023 |
| Historical Period | 2018-2023 |
| Forecast Period | 2024-2032 |
| Scope of the Report |
Historical and Forecast Trends, Industry Drivers and Constraints, Historical and Forecast Market Analysis by Segment:
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| Breakup by Service |
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| Breakup by Deployment |
|
| Breakup by Enterprise Size |
|
| Breakup by End Use |
|
| Breakup by Region |
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| Market Dynamics |
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| Competitive Landscape |
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| Companies Covered |
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