Economic contribution of the tech sector in Australia 2020-2030, by business type

Published by
Christopher Hughes,
Jan 3, 2023
In 2020, the economic contribution of the tech sector in Australia totaled 167 billion Australian dollars. The largest portion of this came from businesses in other sectors adopting technology. The size of the tech sector was forecast to increase to 250 billion Australian dollars by 2030.

Economic contribution of the tech sector in Australia in 2020 with a forecast for 2030, by business type (in billion Australian dollars)

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Release date

August 2022

Region

Australia

Survey time period

2020

Special properties

2020 dollars

Supplementary notes

*Forecasted.

Tech startups are defined as businesses with annual turnover <$2m, large tech firms are defined as businesses with >200 employees, and remaining direct tech businesses are classified as established tech businesses.

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