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Base Year
Historical Year
Forecast Year
Value in AUD billion
2024-2032
Australia Telecom Market Outlook
*this image is indicative*
Based on type, telecommunication services lead the telecom market in Australia by offering global connectivity, enabling global trade. They allow users to exchange information via messaging and video conferencing in real time. Moreover, telecommunication services have made it convenient to connect virtually for office meetings and client discussions, thus streamlining business operations. They have also made a major impact on healthcare services through remote patient monitoring and telemedicine. Telecommunication hardware, including routers and modems, serves as the essential infrastructure enabling efficient data communication over both short and long distances. Investments in telecommunication hardware drive technological advancements in the sector. In February 2024, Australian telecommunications provider Swoop announced the release of a new voice product.
Australia Telecom Market Summary | Description | Value |
Base Year | AUD Billion | 2023 |
Historical period | AUD Billion | 2018-2023 |
Forecast Period | AUD Billion | 2024-2032 |
Market Size 2023 | AUD Billion | 61.0 |
Market Size 2032 | AUD Billion | 84.9 |
CAGR 2018-2023 | Percentage | XX% |
CAGR 2024-2032 | Percentage | 3.7% |
CAGR 2024-2032 - Market by Region | Western Australia | 4.3% |
CAGR 2024-2032 - Market by Region | Queensland | 4.0% |
CAGR 2024-2032 - Market by Product | Telecommunication Services | 4.1% |
CAGR 2024-2032 - Market by Application | Commercial | 4.2% |
Market Share by Region | Queensland | 19.8% |
Various trends and innovations are driving the development of the telecom market in Australia. The rise in demand for IoT devices has led to increased usage of telecommunication services to manage these devices. Moreover, to improve network capacity and increase data speeds, 5G network services are expanding. The integration of machine learning in telecommunication has enabled users to protect data and optimise their networks, thus improving efficiency. Cybersecurity solutions are being developed to protect data from fraud and cyber-attacks.
Australia Telecom Market Report and Forecast 2024-2032 offers a detailed analysis of the market based on the following segments:
Market Breakup by Product
Market Breakup by Type
Market Breakup by Transmission
Market Breakup by Application
Market Breakup by Region
Commercial applications hold a major share in the Australian telecom market due to their extensive connectivity needs, demand for scalable solutions, reliance on advanced communication services like unified communications, specialized support from telecom providers, integration with diverse technologies, and significant economic contribution through revenue generation and sector stability.
CAGR 2024-2032 - Market by | Region |
Western Australia | 4.3% |
Queensland | 4.0% |
New South Wales | 3.0% |
Victoria | XX% |
Australian Capital Territory | XX% |
Others | XX% |
The growth of the telecom market is fueled by 5G deployment, expansion of fibre optic networks, integration of the Internet of Things (IoT), adoption of cloud services, and implementation of cybersecurity solutions.
*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 2.23% between 2024 and 2032.
Based on the type, the telecom market is bifurcated into data and voice.
Key players in the telecom industry are TPG Telecom Limited, Comms Group Limited, Telstra Group Limited, Singtel Optus Pty Limited, Aussie Broadband Limited, Superloop Limited, Macquarie Technology Group Limited, Exetel Pty Ltd, Tangerine Telecom Pty Ltd, and Pennytel Australia Pty Ltd., among others.
Based on product, the telecom market is divided into telecommunication hardware and telecommunication services.
The different applications of the telecom market include residential and commercial.
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 Product |
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Breakup by Type |
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Breakup by Transmission |
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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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