IT Market in Australia 2015-2019
IT can be defined as an integrated platform consisting of hardware, software, and services. Organizations have IT departments and are responsible for storing, safeguarding, processing, transmitting, and retrieving information. IT enables a smooth flow of information across an organization. IT departments manage all IT-related services, software, and solutions, integrating and streamlining them with various processes, thus facilitating a smooth flow of organizational information. IT also helps organizations to align their business processes with various technologies and improve overall efficiency.
TechNavio's analysts forecast the IT market in Australia to grow at a CAGR of 5.21 percent over the period 2014-2019.
Covered in this Report
The report covers the present scenario and the growth prospects of the IT market in Australia for the period 2015-2019. The IT market in Australia can be segmented into three: Hardware, Software, and Services.
TechNavio's report, the IT Market in Australia 2015-2019, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the landscape of the IT market in Australia and its growth prospects in the coming years. The report includes a discussion of the key vendors operating in this market.
TechNavio Announces the Publication of its Research Report – IT Market in Australia 2015-2019
TechNavio recognizes the following companies as the key players in the IT Market in Australia: Dell Inc., Google Inc., HP Corp., IBM Corp., Lenovo Corp. and NetApp Inc.
Other Prominent Vendors in the market are: Aconex, Advanced Solutions International, Altis Consulting, Apple, Atlassian, Cisco, CSC, Datacom, Distribution Central, Intuit, Kiandra System Solutions, Objective, OBS, Panasonic, Rackspace, Revolution IT, Salesforce, SAP, SAS, TLC IT Group, Toshiba, Tramada Systems and UXC.
Commenting on the report, an analyst from TechNavio’s team said: “One of the major trends upcoming in this market is the increased adoption of cloud computing. Cloud computing technologies offer new opportunities for growth across different verticals for business enterprises in this market. ”
According to the report, one of the major drivers in the market is increase in the number of IT initiatives by the government. The government of Australia has undertaken a number of initiatives that have a positive impact on this market and have enhanced substantial opportunities across different industry projects for IT vendors.
Further, the report states that one of the major challenges that the market faces is the increased number of cybersecurity threats. With the evolution of web technology, people are increasingly depending on the internet for their business requirements and for socializing. Growing workforce mobility is also leading to the increased usage of the internet. However, the severity of security threats including APTs is also rising in the market.
Dell, Google , HP , IBM , Lenovo , NetApp , Aconex, Advanced Solutions International, Altis Consulting, Atlassian, Apple, Cisco, CSC, Datacom , Distribution Central, Intuit, Kiandra System Solutions, Objective Corporation, OBS, Panasonic, Rackspace, Revolution IT, Salesforce,SAP, SAS, TLC IT group, Tramada Systems , Toshiba, UXC