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Australia Internet of Things (IoT) Market By Platform (Network Management, Application Management & Others), By Component (Hardware, Services & Software), By Application (Consumer Electronics, Building & Home Automation, etc.), Competition, Forecast & Opp

Australia Internet of Things (IoT) Market By Platform (Network Management, Application Management & Others), By Component (Hardware, Services & Software), By Application (Consumer Electronics, Building & Home Automation, etc.), Competition, Forecast & Opportunities, 2024

Australia Internet of Things (IoT) market stood at $ 7.9 billion in 2018 and is projected to grow at a CAGR of 21% to cross $ 25 billion by 2024 on account of rising demand for smart devices, growing government initiatives and rise in demand for analytics. Moreover, increasing penetration of IoT in various applications like consumer electronics, building & home automation, connected logistics etc., is further pushing its demand in the country. Additionally, surge in cloud platform adoption, advent of advanced data analytics and development of wireless networking technologies is likely to propel Australia Internet of Things (IoT) market during forecast period.

Australia Internet of Things (IoT) market can be broadly segmented into platform, component, application and region. In terms of platform, the market can be categorized into device management, application management and network management. Of all, device management is expected to grow at the highest CAGR during forecast period on account of increasing emphasis on improving the operational efficiency and managing connected devices. Based on components, the market can be segmented into hardware, software and services. Internet of Things (IoT) market of Australia caters to various applications such as connected logistics, smart retail, smart mobility & transportation, building & home automation and others. Smart mobility & transportation is anticipated to witness fastest growth in Australia internet of things (IoT) market due to the high demand for making the transportation efficient & cost-effective, by using communications and digital technologies.

The market of internet of things (IoT) in Australia is gaining traction and is expanding to various regions such as Australia Capital Territory & New South Wales, Victoria & Tasmania, Western Australia, Queensland, & Northern Territory & Southern Australia. Western Australia is expected to witness growth during forecast period owing to rising penetration of the technology.

Major companies operating in Australia IoT market recorded high sale volumes in the 2018 financial year and the trend is likely to continue during forecast period as well. List of major players operating in Australia Internet of Things (IoT) market include Intel Australia Pty Ltd., GE Australia Pty Ltd., IBM Australia Limited, Amazon Web Services Australia Pty Ltd., Microsoft Pty Limited, etc. Major companies are developing advanced technologies and launching new products in order to stay competitive in the market. Other competitive strategies include mergers & acquisitions and new product developments. For instance, Telstra entered into a smart city partnership with Tasmanian state government.

Years considered for this report:

Historical Years: 2014-2017

Base Year: 2018

Estimated Year: 2019

Forecast Period: 2020–2024

Objective of the Study:

  • To analyze and forecast the market size of Australia Internet of Things (IoT) market.
  • To classify and forecast Australia Internet of Things (IoT) market based on platform, application, component and regional distribution.
  • To identify drivers and challenges for Australia Internet of Things (IoT) market.
  • To examine competitive developments such as expansions, new product launches, mergers & acquisitions, etc., in Australia Internet of Things (IoT) market.
  • To identify and analyze the profile of leading players involved in Australia Internet of Things (IoT) market.
Some of the leading players in Australia Internet of Things (IoT) market are: Intel Australia Pty Ltd., GE Australia Pty Ltd., IBM Australia Limited, Amazon Web Services Australia Pty Ltd., Microsoft Pty Limited, Oracle Corporation Australia Pty Limited, Google Australia Pty Limited, Robert Bosch Australia Pty Ltd, Cisco Systems Australia Pty Ltd, SAP Australia Pty Ltd, etc.

TechSci Research performed both primary as well as exhaustive secondary research for this study. Initially, TechSci Research sourced a list of service providers across the globe. Subsequently, TechSci Research conducted primary research surveys with the identified companies. While interviewing, the respondents were also enquired about their competitors. Through this technique, TechSci Research could include the service providers which could not be identified due to the limitations of secondary research. TechSci Research analyzed the product offerings, distribution channels and presence of all major service providers across the globe.

TechSci Research calculated the market size of Australia Internet of Things (IoT) market using a bottom-up approach, wherein data for various end-user segments was recorded and forecast for the future years. TechSci Research sourced these values from the industry experts and company representatives and externally validated through analyzing historical data of these product types and applications for getting an appropriate, overall market size. Various secondary sources such as company websites, news articles, press releases, company annual reports, investor presentations and financial reports were also studied by TechSci Research.

Key Target Audience:
  • IoT software, services & hardware providers
  • Government bodies such as regulating authorities and policy makers
  • Organizations, forums and alliances related to IoT market
  • Market research and consulting firms
The study is useful in providing answers to several critical questions that are important for the industry stakeholders such as service providers and partners, end users, etc., besides allowing them to strategize investments and capitalize on market opportunities.

Report Scope:

In this report, Australia Internet of Things (IoT) market has been segmented into following categories, in addition to the industry trends which have also been detailed below:
  • Market, By Platform:
  • Device Management
  • Application Management
  • Network Management
  • Market, By Component:
  • Hardware
  • Software
  • Services
  • Market, By Application:
  • Consumer Electronics
  • Building & Home Automation
  • Connected Logistics
  • Smart Mobility & Transportation
  • Smart Retail
  • Others
  • Market, By Region:
  • Australia Capital Territory & New South Wales
  • Victoria & Tasmania
  • Western Australia
  • Queensland
  • Northern Territory & Southern Australia
Competitive Landscape

Company Profiles: Detailed analysis of the major companies present in Australia Internet of Things (IoT) market.

Available Customizations:

With the given market data, TechSci Research offers customizations according the company’s specific needs. The following customization options are available for the report:

Company Information
  • Detailed analysis and profiling of additional market players (up to five).
Please Note: Printing is not available on single-user licenses.


1. Product Overview
2. Research Methodology
3. Analyst View
4. Voice of Customers
5. Global Internet of Things (IoT) Market Overview
6. Australia Internet of Things (IoT) Market Landscape
7. Australia Internet of Things (IoT) Market Outlook
7.1. Market Size & Forecast
7.1.1. By Value
7.1.2. By Volume (Number of Connected Devices)
7.2. Market Share & Forecast
7.2.1. By Platform (Device Management, Application Management and Network Management)
7.2.2. By Component (Hardware, Software & Services)
7.2.3. By Application (Consumer Electronics, Connected Logistics, Smart Retail, Smart Mobility & Transportation, Building & Home Automation and Others)
7.2.4. By Region (Australia Capital Territory & New South Wales, Victoria & Tasmania, Western Australia, Queensland, & Northern Territory & Southern Australia)
7.3. Market Attractiveness Index
7.3.1. By Platform
7.3.2. By Component
7.3.3. By Application
7.3.4. By Region
8. Australia Internet of Things (IoT) Hardware Market Outlook
8.1. Market Size & Forecast
8.1.1. By Value
8.2. Market Share & Forecast
8.2.1. By Type (Device & Gateways)
8.2.2. By Application (Connected Logistics, Smart Retail, Smart Mobility & Transportation, Building & Home Automation and Others)
8.2.3. Leading Companies in Australia Internet of Things (IoT) Hardware market
9. Australia Internet of Things (IoT) Services Market Outlook
9.1. Market Size & Forecast
9.1.1. By Value
9.2. Market Share & Forecast
9.2.1. By Type (Professional Services & Managed Services)
9.2.2. By Application (Consumer Electronics, Connected Logistics, Smart Retail, Smart Mobility & Transportation, Building & Home Automation and Others)
9.2.3. Leading Companies in Australia Internet of Things (IoT) Services market
10. Australia Internet of Things (IoT) Software Market Outlook
10.1. Market Size & Forecast
10.1.1. By Value
10.2. Market Share & Forecast
10.2.1. By Type (Security, Real Time Streaming, Remote Monitoring, Data Management and Network Bandwidth Management)
10.2.2. By Application (Consumer Electronics, Connected Logistics, Smart Retail, Smart Mobility & Transportation, Building & Home Automation and Others)
10.2.3. Leading Companies in Australia Internet of Things (IoT) Software market
11. Market Dynamics
11.1. Impact Analysis
11.2. Market Drivers
11.3. Market Challenges
12. Market Trends & Developments
13. Policy & Regulatory Landscape
14. Australia Economic Profile
15. Competitive Landscape (Top 10 Companies)
15.1. Competition Benchmarking
15.2. Company Profiles
15.2.1. Intel Australia Pty Ltd.
15.2.2. GE Australia Pty Ltd.
15.2.3. IBM Australia Limited
15.2.4. Amazon Web Services Australia Pty Ltd.
15.2.5. Microsoft Pty Limited
15.2.6. Oracle Corporation Australia Pty Limited
15.2.7. Google Australia Pty Limited
15.2.8. Robert Bosch Australia Pty Ltd
15.2.9. Cisco Systems Australia Pty Ltd
15.2.10. SAP Australia Pty Ltd
16. Strategic Recommendation
List Of Figures
Figure 1. Australia IoT, By IoT adoption readiness
Figure 2. Australia IoT, By Where is the IoT data being Processed
Figure 3. Australia IoT, By Reasons business are adopting IoT
Figure 4. Australia IoT, By Key IoT Related Challenges faced
Figure 5. Australia IoT Market Size, By Value (USD Billion) & Volume (Million), 2014-2018
Figure 6. Australia IoT Market Size, By Value (USD Billion) & Volume (Million), 2019E-2024F
Figure 7. Australia IoT Market Share, By Platform, By Value, 2014-2024F
Figure 8. Australia IoT Market Share, By Component, By Value, 2014-2024F
Figure 9. Australia IoT Market Share, By Application, By Value, 2014-2024F
Figure 10. Australia IoT Market Share, By Region, By Value, 2014-2024F
Figure 11. Australia IoT Market Attractiveness Index, By Platform, By Value, 2019E-2024F
Figure 12. Australia IoT Market Attractiveness Index, By Component, By Value, 2019E-2024F
Figure 13. Australia IoT Market Attractiveness Index, By Application, By Value, 2019E-2024F
Figure 14. Australia IoT Market Attractiveness Index, By Region, By Value, 2019E-2024F
Figure 15. Australia IoT Hardware Market Size, By Value, 2014-2018 (USD Billion)
Figure 16. Australia IoT Hardware Market Size, By Value, 2019E-2024F (USD Billion)
Figure 17. Australia IoT Hardware Market Share, By Type, By Value, 2014-2024F
Figure 18. Australia IoT Hardware Market Share, By Application, By Value, 2014-2024F
Figure 19. Australia IoT Services Market Size, By Value, 2014-2018 (USD Billion)
Figure 20. Australia IoT Services Market Size, By Value, 2019E-2024F (USD Billion)
Figure 21. Australia IoT Services Market Share, By Type, By Value, 2014-2024F
Figure 22. Australia IoT Services Market Share, By Application, By Value, 2014-2024F
Figure 23. Australia IoT Software Market Size, By Value, 2014-2018 (USD Billion)
Figure 24. Australia IoT Software Market Size, By Value, 2019E-20124F (USD Billion)
Figure 25. Australia IoT Software Market Share, By Type, By Value, 2014-20124F
Figure 26. Australia IoT Software Market Share, By Application, By Value, 2014-20124F

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