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Australia Cloud Computing Market Size, Share, Analysis: By Service: Infrastructure as a Service (IaaS), Platform as a Service (PaaS), Software as a Service (SaaS); By Deployment: Public, Private, Hybrid; By Enterprise Size: Large Enterprises, Small and Medium Enterprises; By End Use; Regional Analysis; Competitive Landscape; 2024-2032
Australia Cloud Computing Market Outlook
The Australia cloud computing market size reached USD 10.9 billion in 2023. The market is expected to grow at a CAGR of 11.8% between 2024 and 2032, reaching USD 30.8 billion by 2032.
Key Takeaways:
- Growing IT spending in banking sector is propelling the cloud computing industry.
- With a 96% internet penetration rate, Australia propels expansion in the cloud computing format market, as indicated by recent World Bank data.
- Microsoft announced in October 2023 its plan to inject an extra $5bn into Australia over two years, augmenting hyperscale cloud computing capacity.
Infrastructure as a Service (IaaS) drives the Australia cloud computing market growth by allowing businesses to adjust their IT infrastructure according to demand
Infrastructure as a Service (IaaS) provides businesses with scalability, cost-effectiveness, global reach, disaster recovery, and backup solutions. Robust security measures safeguard sensitive data, while outsourcing infrastructure management allows firms to concentrate on core activities and innovation, easing IT maintenance burdens.
Platform as a Service (PaaS) streamlines app development with pre-configured tools, reducing time-to-market and costs through infrastructure management and a pay-as-you-go model. Collaboration tools facilitate seamless teamwork, while automatic updates ensure operational efficiency. Scalability, language support, and frameworks empower developers to create versatile applications.
In April 2023, Amazon Web Services (AWS) unveiled plans for a $13bn investment in Australia over five years to expand its cloud computing footprint in Melbourne and Sydney. The strategy included transitioning data centres to renewable energy sources. The AWS Sydney region, operational since 2012 with a $9.2bn investment, expanded with the recent Melbourne launch, aiming to create 11,000 full-time-equivalent positions.
Market Segmentation
Australia Cloud Computing Market Report and Forecast 2024-2032 offers a detailed analysis of the market based on the following segments:
Market Breakup by Service
- Infrastructure as a Service (IaaS)
- Platform as a Service (PaaS)
- Software as a Service (SaaS)
Market Breakup by Deployment
- Public
- Private
- Hybrid
Market Breakup by Enterprise Size
- Large Enterprises
- Small and Medium Enterprises
Market Breakup by End Use
- BFSI
- IT and Telecom
- Retail and Consumer Goods
- Manufacturing
- Energy and Utilities
- Healthcare
- Media and Entertainment
- Government and Public Sector
- Others
Market Breakup by Region
- New South Wales
- Victoria
- Queensland
- Australian Capital Territory
- Western Australia
- Others
The Australia cloud computing market key players are Amazon Web Services, Inc., Microsoft Corp., Salesforce, Inc., Broadcom Inc., Google LLC, Adobe, Inc., Alibaba Group Holding Limited, Oracle Corp., IBM Corp., and SAP SE among others.
Key Highlights of the Report
| 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 Service |
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| Breakup by Deployment |
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| Breakup by Enterprise Size |
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| Breakup by End Use |
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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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*At Expert Market Research, we strive to always give you current and accurate information. The numbers depicted in the description are indicative and may differ from the actual numbers in the final EMR report.
1 Preface
2 Report Coverage – Key Segmentation and Scope
3 Report Description
3.1 Market Definition and Outlook
3.2 Properties and Applications
3.3 Market Analysis
3.4 Key Players
4 Key Assumptions
5 Executive Summary
5.1 Overview
5.2 Key Drivers
5.3 Key Developments
5.4 Competitive Structure
5.5 Key Industrial Trends
6 Market Snapshot
7 Opportunities and Challenges in the Market
8 Asia Pacific Cloud Computing Market Overview
8.1 Key Industry Highlights
8.2 Asia Pacific Cloud Computing Historical Market (2018-2023)
8.3 Asia Pacific Cloud Computing Market Forecast (2024-2032)
9 Australia Cloud Computing Market Overview
9.1 Key Industry Highlights
9.2 Australia Cloud Computing Historical Market (2018-2023)
9.3 Australia Cloud Computing Market Forecast (2024-2032)
10 Australia Cloud Computing Market by Service
10.1 Infrastructure as a Service (IaaS)
10.1.1 Historical Trend (2018-2023)
10.1.2 Forecast Trend (2024-2032)
10.2 Platform as a Service (PaaS)
10.2.1 Historical Trend (2018-2023)
10.2.2 Forecast Trend (2024-2032)
10.3 Software as a Service (SaaS)
10.3.1 Historical Trend (2018-2023)
10.3.2 Forecast Trend (2024-2032)
11 Australia Cloud Computing Market by Deployment
11.1 Public
11.1.1 Historical Trend (2018-2023)
11.1.2 Forecast Trend (2024-2032)
11.2 Private
11.2.1 Historical Trend (2018-2023)
11.2.2 Forecast Trend (2024-2032)
11.3 Hybrid
11.3.1 Historical Trend (2018-2023)
11.3.2 Forecast Trend (2024-2032)
12 Australia Cloud Computing Market by Enterprise Size
12.1 Large Enterprises
12.1.1 Historical Trend (2018-2023)
12.1.2 Forecast Trend (2024-2032)
12.2 Small and Medium Enterprises
12.2.1 Historical Trend (2018-2023)
12.2.2 Forecast Trend (2024-2032)
13 Australia Cloud Computing Market by End Use
13.1 BFSI
13.1.1 Historical Trend (2018-2023)
13.1.2 Forecast Trend (2024-2032)
13.2 IT and Telecom
13.2.1 Historical Trend (2018-2023)
13.2.2 Forecast Trend (2024-2032)
13.3 Retail and Consumer Goods
13.3.1 Historical Trend (2018-2023)
13.3.2 Forecast Trend (2024-2032)
13.4 Manufacturing
13.4.1 Historical Trend (2018-2023)
13.4.2 Forecast Trend (2024-2032)
13.5 Energy and Utilities
13.5.1 Historical Trend (2018-2023)
13.5.2 Forecast Trend (2024-2032)
13.6 Healthcare
13.6.1 Historical Trend (2018-2023)
13.6.2 Forecast Trend (2024-2032)
13.7 Media and Entertainment
13.7.1 Historical Trend (2018-2023)
13.7.2 Forecast Trend (2024-2032)
13.8 Government and Public Sector
13.8.1 Historical Trend (2018-2023)
13.8.2 Forecast Trend (2024-2032)
13.9 Others
14 Australia Cloud Computing Market by Region
14.1 New South Wales
14.1.1 Historical Trend (2018-2023)
14.1.2 Forecast Trend (2024-2032)
14.2 Victoria
14.2.1 Historical Trend (2018-2023)
14.2.2 Forecast Trend (2024-2032)
14.3 Queensland
14.3.1 Historical Trend (2018-2023)
14.3.2 Forecast Trend (2024-2032)
14.4 Australian Capital Territory
14.4.1 Historical Trend (2018-2023)
14.4.2 Forecast Trend (2024-2032)
14.5 Western Australia
14.5.1 Historical Trend (2018-2023)
14.5.2 Forecast Trend (2024-2032)
14.6 Others
15 Market Dynamics
15.1 SWOT Analysis
15.1.1 Strengths
15.1.2 Weaknesses
15.1.3 Opportunities
15.1.4 Threats
15.2 Porter’s Five Forces Analysis
15.2.1 Supplier’s Power
15.2.2 Buyer’s Power
15.2.3 Threat of New Entrants
15.2.4 Degree of Rivalry
15.2.5 Threat of Substitutes
15.3 Key Indicators for Demand
15.4 Key Indicators for Price
16 Competitive Landscape
16.1 Market Structure
16.2 Company Profiles
16.2.1 Amazon Web Services, Inc
16.2.1.1 Company Overview
16.2.1.2 Product Portfolio
16.2.1.3 Demographic Reach and Achievements
16.2.1.4 Certifications
16.2.2 Microsoft Corp.
16.2.2.1 Company Overview
16.2.2.2 Product Portfolio
16.2.2.3 Demographic Reach and Achievements
16.2.2.4 Certifications
16.2.3 Salesforce, Inc.
16.2.3.1 Company Overview
16.2.3.2 Product Portfolio
16.2.3.3 Demographic Reach and Achievements
16.2.3.4 Certifications
16.2.4 Broadcom Inc.
16.2.4.1 Company Overview
16.2.4.2 Product Portfolio
16.2.4.3 Demographic Reach and Achievements
16.2.4.4 Certifications
16.2.5 Google LLC
16.2.5.1 Company Overview
16.2.5.2 Product Portfolio
16.2.5.3 Demographic Reach and Achievements
16.2.5.4 Certifications
16.2.6 Adobe, Inc.
16.2.6.1 Company Overview
16.2.6.2 Product Portfolio
16.2.6.3 Demographic Reach and Achievements
16.2.6.4 Certifications
16.2.7 Alibaba Group Holding Limited
16.2.7.1 Company Overview
16.2.7.2 Product Portfolio
16.2.7.3 Demographic Reach and Achievements
16.2.7.4 Certifications
16.2.8 Oracle Corp.
16.2.8.1 Company Overview
16.2.8.2 Product Portfolio
16.2.8.3 Demographic Reach and Achievements
16.2.8.4 Certifications
16.2.9 IBM Corp.
16.2.9.1 Company Overview
16.2.9.2 Product Portfolio
16.2.9.3 Demographic Reach and Achievements
16.2.9.4 Certifications
16.2.10 SAP SE
16.2.10.1 Company Overview
16.2.10.2 Product Portfolio
16.2.10.3 Demographic Reach and Achievements
16.2.10.4 Certifications
16.2.11 Others
17 Key Trends and Developments in the Market
List of Key Figures and Tables
1. Asia Pacific Cloud Computing Market: Key Industry Highlights, 2018 and 2032
2. Australia Cloud Computing Market: Key Industry Highlights, 2018 and 2032
3. Australia Cloud Computing Historical Market: Breakup by Service (USD Billion), 2018-2023
4. Australia Cloud Computing Market Forecast: Breakup by Service (USD Billion), 2024-2032
5. Australia Cloud Computing Historical Market: Breakup by Deployment (USD Billion), 2018-2023
6. Australia Cloud Computing Market Forecast: Breakup by Deployment (USD Billion), 2024-2032
7. Australia Cloud Computing Historical Market: Breakup by Enterprise Size (USD Billion), 2018-2023
8. Australia Cloud Computing Market Forecast: Breakup by Enterprise Size (USD Billion), 2024-2032
9. Australia Cloud Computing Historical Market: Breakup by End Use (USD Billion), 2018-2023
10. Australia Cloud Computing Market Forecast: Breakup by End Use (USD Billion), 2024-2032
11. Australia Cloud Computing Historical Market: Breakup by Region (USD Billion), 2018-2023
12. Australia Cloud Computing Market Forecast: Breakup by Region (USD Billion), 2024-2032
13. Australia Cloud Computing Market Structure
Key Questions Answered in the Report
The market was valued at USD 10.9 billion in 2023.
The market is projected to grow at a CAGR of 11.8% between 2024 and 2032.
The revenue generated from the market is expected to reach USD 30.8 billion in 2032.
The cloud computing market is categorised according to deployment, which includes public, private, and hybrid.
The key players are Amazon Web Services, Inc., Microsoft Corp., Salesforce, Inc., Broadcom Inc., Google LLC, Adobe, Inc., Alibaba Group Holding Limited, Oracle Corp., IBM Corp., and SAP SE among others.
Based on the enterprise size, the market is divided into large enterprises and small and medium enterprises.
The market is broken down into New South Wales, Victoria, Queensland, Australian Capital Territory, Western Australia, and others.
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