System Infrastructure Software - Australia

Australia

Revenue in the System Infrastructure Software market is projected to reach US$2.48bn in 2024.
Revenue is expected to show an annual growth rate (CAGR 2024-2028) of 0.70%, resulting in a market volume of US$2.55bn by 2028.
In global comparison, most revenue will be generated in the United States (US$74,880.00m in 2024).

Key regions: Japan, United States, United Kingdom, Australia, France

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Analyst Opinion

The System Infrastructure Software market in Australia has been experiencing steady growth in recent years.

Customer preferences: Customers in the Australian market have been showing a preference for cloud-based solutions, which has been driving growth in the market. The demand for software that can be accessed from anywhere, at any time, has been increasing as more businesses move towards remote work and digital transformation.

Trends in the market: One of the major trends in the System Infrastructure Software market in Australia is the shift towards Software as a Service (SaaS) models. This has been driven by the increasing demand for cloud-based solutions, as well as the need for more flexible and scalable software options. Another trend in the market is the increasing use of artificial intelligence and machine learning technologies, which are being incorporated into System Infrastructure Software to improve performance and efficiency.

Local special circumstances: The Australian market has some unique characteristics that are driving growth in the System Infrastructure Software market. One of these is the country's high level of internet penetration, which has made it easier for businesses to adopt cloud-based solutions. Additionally, the Australian government has been investing in digital infrastructure, which has created opportunities for software providers to offer their services to government agencies.

Underlying macroeconomic factors: The growth in the System Infrastructure Software market in Australia can be attributed to several underlying macroeconomic factors. One of these is the country's strong economy, which has been growing steadily in recent years. Additionally, the increasing adoption of digital technologies by businesses has created a need for more advanced software solutions. Finally, the country's highly skilled workforce and innovative culture have made it an attractive location for software providers to establish a presence.

Methodology

Data coverage:

The data encompasses B2B, B2G, and B2C enterprises. Figures are based on the allocation to the country where the money was 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, level of digitization, GDP sector composition, and observed level of software piracy.

Forecasts:

We use a variety of forecasting techniques, for instance, advanced statistical methods, 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.