Australia Software Market Summary, Competitive Analysis and Forecast to 2027

Australia Software Market Summary, Competitive Analysis and Forecast to 2027
Summary

Software in Australia industry profile provides top-line qualitative and quantitative summary information including: market share, market size (value 2017-22, and forecast to 2027). The profile also contains descriptions of the leading players including key financial metrics and analysis of competitive pressures within the market.

Key HighlightsThe software market is defined as revenues generated from both: sales of, and subscriptions to, various software packages and offerings. The market includes both signed deals that remain under contract, and the annual revenues associated with new contracts signed, within a particular calendar year. This excludes sales opportunities for third-party services providers.According to a study by GlobalData, more than 60% of Australian businesses have increased their ICT budgets in 2022, with IT security, cloud computing, and digital transformation emerging as the top investment priorities.ScopeSave time carrying out entry-level research by identifying the size, growth, major segments, and leading players in the software market in AustraliaUse the Five Forces analysis to determine the competitive intensity and therefore attractiveness of the software market in AustraliaLeading company profiles reveal details of key software market players’ global operations and financial performanceAdd weight to presentations and pitches by understanding the future growth prospects of the Australia software market with five year forecastsReasons to BuyWhat was the size of the Australia software market by value in 2022?What will be the size of the Australia software market in 2027?What factors are affecting the strength of competition in the Australia software market?How has the market performed over the last five years?Who are the top competitors in Australia's software market?