Infrastructure as a Service - Australia

  • Australia
  • Revenue in the Infrastructure as a Service market is projected to reach US$2.46bn in 2024.
  • Revenue is expected to show an annual growth rate (CAGR 2024-2029) of 20.54%, resulting in a market volume of US$6.26bn by 2029.
  • The average spend per employee in the Infrastructure as a Service market is projected to reach US$168.50 in 2024.
  • In global comparison, most revenue will be generated in the United States (US$78,280.00m in 2024).

Key regions: United Kingdom, China, France, Netherlands, Germany

 
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Analyst Opinion

The Infrastructure as a Service market in the Public Cloud Market of Australia is experiencing mild growth, influenced by factors such as increasing adoption of cloud technology, growing awareness of its benefits, and the convenience of online services. This trend is expected to continue as more businesses turn to cloud solutions for their IT infrastructure needs.

Customer preferences:
As more businesses look to streamline their operations and cut costs, there has been a significant rise in the adoption of Infrastructure as a Service (IaaS) within the Public Cloud Market in Australia. This trend is driven by the increasing demand for flexible and scalable cloud solutions, as well as the need for remote work capabilities. Additionally, the shift towards IaaS is also influenced by the country's growing tech-savvy population and their preference for digital-first solutions.

Trends in the market:
In Australia, the Infrastructure as a Service market within the Public Cloud market is experiencing a surge in demand for hybrid cloud solutions, as organizations look to combine the benefits of both public and private cloud platforms. Additionally, there is a growing trend towards containerization and microservices, as businesses seek to modernize their IT infrastructure and improve scalability. These trends highlight the importance of flexibility and agility in the cloud market, and industry stakeholders must adapt to remain competitive in this rapidly evolving landscape.

Local special circumstances:
In Australia, the Infrastructure as a Service Market within the Public Cloud Market is heavily influenced by the country's vast geographical landscape and dispersed population. This has led to a high demand for cloud-based solutions that can support remote access and collaboration. Additionally, the country's strong regulatory framework and emphasis on data privacy have also shaped the market, with providers offering secure and compliant cloud services to meet these requirements. Furthermore, Australia's strong adoption of cloud technology in various industries, such as finance and healthcare, has created a competitive market for Infrastructure as a Service, with providers offering tailored solutions to cater to specific sector needs.

Underlying macroeconomic factors:
The Infrastructure as a Service Market within the Public Cloud Market in Australia is impacted by various macroeconomic factors. These include global economic trends, national economic health, fiscal policies, and other relevant financial indicators. The country's stable economy and support for technological advancements have contributed to the growth of the market. Additionally, government initiatives to improve digital infrastructure and investment in cloud computing have also played a significant role in driving market growth. The increasing adoption of digital solutions by businesses and the need for cost-effective IT infrastructure are also contributing to the expansion of the Infrastructure as a Service Market within the Public Cloud Market in Australia.

Methodology

Data coverage:

The data encompasses B2B and B2C enterprises. Figures are based on the money spent at manufacturer price level (excluding VAT).

Modeling approach / Market size:

The segment size is determined through a top-down approach. We use financial statements such as annual reports, quarterly earnings, and expert opinions to analyze the markets. To estimate the segment size for each country individually, we use relevant key market indicators and data from country-specific industry associations, such as GDP and level of telecommunications infrastructure.

Forecasts:

We use a variety of forecasting techniques, depending on the behavior of the relevant segment. The main drivers are the GDP and the level of digitization.

Additional notes:

The data is modeled using current exchange rates. The market is updated twice a year in case market dynamics change. The impact of the COVID-19 pandemic is considered at a country-specific level.

Overview

  • Revenue
  • Key Players
  • Analyst Opinion
  • Global Comparison
  • Methodology
  • Key Market Indicators
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