Base Year
Historical Year
Forecast Year
Value in AUD Billion
2024-2032
Australia Data Analytics Market Outlook
*this image is indicative*
Cloud-based services is driving the Australia data analytics market growth as they offer scalability and flexibility, enabling individuals and users to access analytics tools from anywhere.
Cloud deployment models often have lower upfront costs compared to on-premises solutions, as they eliminate the need for expensive hardware infrastructure. Cloud-based data analytics platforms seamlessly integrate with other cloud services and applications, facilitating interoperability and data exchange between different systems and tools.
These service providers continuously innovate and enhance their data analytics offerings, providing access to the latest technologies, tools, and features without manual upgrades. These benefits make cloud-based solutions more preferred by organisations to leverage data analytics effectively while minimising costs and maximising flexibility and innovation thus propelling the Australia data analytics market.
The growing Australia data analytics market developments have led organisations to integrate cloud-based data analytics services to seamlessly enhance supply chain management, enterprise resource planning, database management, and human resource management which eventually optimises organisations' operations. For instance- TD SYNNEX Company Tech Data announced the launch of its enhanced cloud services portfolio enabling the channel partner community to better capture and capitalise on opportunities related to their cloud business.
Australia Data Analytics Market Report and Forecast 2024-2032 offers a detailed analysis of the market based on the following segments:
Market Breakup by Type
Market Breakup by Solution
Market Breakup by Deployment
Market Breakup by Application
Market Breakup by Region
Predictive Analytics is highly preferred for historical data, statistical algorithms, and machine learning techniques to identify the likelihood of future outcomes based on past data. This type of analytics is crucial for businesses as it helps in forecasting trends, anticipating customer behaviour, and making informed decisions to drive growth and efficiency.
The growth of the data analytics market is fuelled by the increasing integration of cloud-based deployment of data analytics services in organisations to streamline their operations.
*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 market is projected to grow at a CAGR of 25.30% between 2024 and 2032.
Based on the type, the data analytics market is bifurcated into prescriptive analytics, predictive analytics, customer analytics, descriptive analytics, and others.
Key players in the industry are Rubix, Microsoft Corporation, SAP SE, IBM Corporation, Cullinan Group, Mantel Group Pty Ltd., and QlikTech Australia Ltd. among others.
Based on deployment, the data analytics market is divided into cloud-based and on-premises.
The different applications in the data analytics market include supply chain management, enterprise resource planning, database management, human resource management, and others.
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 Type |
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| Breakup by Solution |
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| Breakup by Deployment |
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| Breakup by Application |
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| 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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