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Artificial Intelligence in Australia - Industry Market Research Report

Publisher IBISWorld
Published Dec 18, 2024
Length 73 Pages
SKU # IBSS19493025

Description

Artificial Intelligence in Australia - Industry Market Research Report


Artificial Intelligence in Australia

The industry has seen surging growth in recent years. Part of this has been driven by strong AI investments in the mid to late 2010s, which saw a raft of new companies enter the industry. Many of these companies have now entered commerciality and begun generating meaningful revenue. Also, the industry has been supported by ChatGPT's public release, which pushed AI capabilities into the public consciousness and encouraged companies to actively explore how they can increasingly integrate AI into their operations. Overall, industry revenue is expected to grow an annualised 14.1% over the five years through 2023-24, to reach $2.5 billion.

Companies in this industry offer artificial intelligence systems to initiate conversations with users through mobile applications, websites and messaging applications.

This report covers the scope, size, disposition and growth of the industry including the key sensitivities and success factors. Also included are five year industry forecasts, growth rates and an analysis of the industry key players and their market shares.

Table of Contents

73 Pages
ABOUT THIS INDUSTRY

Industry Definition
Main Activities
Similar Industries
Additional Resources

INDUSTRY AT A GLANCE

INDUSTRY PERFORMANCE

Executive Summary
Key External Drivers
Current Performance
Industry Outlook
Industry Life Cycle

PRODUCTS & MARKETS

Supply Chain
Products & Services
Demand Determinants
Major Markets
International Trade
Business Locations

COMPETITIVE LANDSCAPE

Market Share Concentration
Key Success Factors
Cost Structure Benchmarks
Basis of Competition
Barriers to Entry
Industry Globalization

MAJOR COMPANIES

OPERATING CONDITIONS

Capital Intensity
Technology & Systems
Revenue Volatility
Regulation & Policy
Industry Assistance

KEY STATISTICS

Industry Data
Annual Change
Key Ratios

JARGON & GLOSSARY

Pricing

Currency Rates
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