Infrastructure as a Service - Australia & Oceania

Australia & Oceania

Revenue in the Infrastructure as a Service market is projected to reach US$2.92bn in 2024.
Revenue is expected to show an annual growth rate (CAGR 2024-2029) of 20.41%, resulting in a market volume of US$7.39bn by 2029.
The average spend per employee in the Infrastructure as a Service market is projected to reach US$137.10 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

Market

Region

Region comparison

Currency

Analyst Opinion

The Infrastructure as a Service market in Australia & Oceania is experiencing significant growth and development.

Customer preferences: Customers in Australia & Oceania are increasingly turning to Infrastructure as a Service (IaaS) solutions for their computing needs. This is driven by the desire for cost-effective and scalable IT infrastructure, as well as the need for flexibility and agility in managing their operations. With IaaS, businesses can access and manage virtualized computing resources, such as servers, storage, and networking, on-demand and pay only for what they use. This allows them to scale their infrastructure up or down quickly, depending on their needs, without the need for significant upfront investment in hardware and software.

Trends in the market: One of the key trends in the IaaS market in Australia & Oceania is the increasing adoption of cloud computing. Cloud computing allows businesses to access computing resources over the internet, rather than having to invest in and maintain their own physical infrastructure. This is particularly attractive to businesses in the region, as it allows them to overcome geographical barriers and access the latest technology without the need for significant upfront investment. As a result, cloud-based IaaS solutions are becoming increasingly popular in Australia & Oceania. Another trend in the market is the growing demand for hybrid cloud solutions. Hybrid cloud combines public and private cloud infrastructure, allowing businesses to take advantage of the scalability and cost-effectiveness of public cloud services, while also maintaining control over sensitive data and applications on their private infrastructure. This is particularly important for businesses in Australia & Oceania, where data sovereignty and security concerns are top priorities. By adopting hybrid cloud solutions, businesses can achieve the right balance between cost-efficiency and data control.

Local special circumstances: Australia & Oceania is a geographically diverse region, with many countries and territories spread across the Pacific Ocean. This poses unique challenges for businesses in terms of connectivity and data management. As a result, there is a growing demand for IaaS providers that can offer reliable and high-speed networking infrastructure to support businesses' digital operations across the region. Additionally, the region's remote and rural areas often lack access to reliable internet connectivity, making it difficult for businesses in these areas to adopt cloud-based IaaS solutions.

Underlying macroeconomic factors: The growth of the IaaS market in Australia & Oceania is also influenced by several underlying macroeconomic factors. For example, the region's strong economic growth and increasing digitalization of businesses are driving the demand for scalable and cost-effective IT infrastructure solutions. Additionally, the increasing adoption of emerging technologies, such as artificial intelligence (AI) and Internet of Things (IoT), is creating a need for flexible and scalable computing resources to support these technologies. Furthermore, government initiatives to promote digital transformation and innovation are also contributing to the growth of the IaaS market in the region. Overall, these factors are expected to continue driving the development of the IaaS market in Australia & Oceania in the coming years.

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.