Australia Cloud Computing Market Size, Share, Growth Opportunities, Statistics, Trends Analysis & Industry Forecast Report, 2020-2027

The Australia cloud computing market size reached USD 10.90 Billion in 2024. The market is expected to grow at a CAGR of 11.80% between 2025 and 2034, reaching USD 33.25 Billion by 2034.

The ANZ cloud computing market, while not explicitly detailed in the provided data, exhibits robust growth mirroring global trends. Considering the global CAGR of 22.42% and the significant adoption of cloud technologies across developed economies, a conservative estimate for the ANZ region would place its CAGR within the range of 18-25%, reflecting a slightly slower but still substantial growth rate compared to the global average. This moderation accounts for potential regional economic factors and varying rates of digital transformation across industries. The market size in 2025 can be reasonably estimated at approximately $2.2 Billion USD considering ANZ's strong economy and advanced digital infrastructure. This would likely be segmented across public, private, and hybrid cloud deployments, with public cloud, particularly SaaS (Software as a Service), dominating the market share. Large enterprises are expected to contribute significantly to overall spending, driven by the need for scalability, cost optimization, and enhanced security. Key industry verticals such as BFSI (Banking, Financial Services, and Insurance), Telecom and IT, and Government are likely to be major contributors to market growth. The driving forces behind ANZ's cloud adoption mirror global trends: increasing digital transformation initiatives, growing data volumes necessitating scalable storage solutions, the need for enhanced agility and operational efficiency, and a shift towards outcome-based IT services. However, restraining factors could include data sovereignty concerns, cybersecurity risks, and the need for robust digital skills development within organizations. Major players like Microsoft, AWS, Google, and other prominent cloud providers are actively competing within the ANZ market, offering a range of solutions tailored to specific industry needs. The continued expansion of 5G network infrastructure and the growing adoption of AI and machine learning are poised to further fuel the market’s future growth. Recent developments include: August 2024: the TEAM Cloud platform announced that it would provide more than 100 Oracle Cloud Infrastructure (OCI) services. These services are designed to help New Zealand organizations comply with regulatory and data sovereignty mandates, ensuring sensitive data stays within the nation's borders. Consequently, this guarantees that all data is securely housed and safeguarded within New Zealand, bolstering both data residency and digital sovereignty.July 2024: Microsoft Corporation partnered with CCL, establishing Microsoft's first large-scale cloud in the upcoming New Zealand cloud region. As a result of this collaboration, CCL is expected to lead the large-scale migration of customers to Microsoft's North Cloud region in New Zealand.January 2024: Macquarie Cloud Services, in collaboration with Microsoft and Dell Technologies, unveiled "Macquarie Flex." This newly launched hybrid solution would use the power of Microsoft Azure Stack HCI (Hybrid Cloud Infrastructure) and Dell Technologies' APEX Cloud Platform for Microsoft Azure. The company also aims to offer workload flexibility, a unified management interface, a consistent user experience, round-the-clock mission-critical support, and continuous compliance across public, private, and hybrid cloud environments.. Key drivers for this market are: Growth of Cloud-Native Technologies, Rising Enterprise Demand for Cloud Services. Potential restraints include: Growth of Cloud-Native Technologies, Rising Enterprise Demand for Cloud Services. Notable trends are: Growing Demand of Hybrid Cloud in Australia and New Zealand.

The revenue in the public cloud market in Australia was modeled to be ************* U.S. dollars in 2024. Following a continuous upward trend, the revenue has risen by ********** U.S. dollars since 2018. Between 2024 and 2030, the revenue will rise by ************* U.S. dollars, continuing its consistent upward trajectory.Further information about the methodology, more market segments, and metrics can be found on the dedicated Market Insights page on Public Cloud.

The ANZ Cloud Computing Market report segments the industry into Type (Public Cloud, Private Cloud, Hybrid Cloud), Organization Size (SMEs, Large Enterprises), End-User Industries (Manufacturing, Education, Retail, Transportation and Logistics, Healthcare, BFSI, Telecom and IT, Government and Public Sector, Others (Utilities, Media & Entertainment etc)), and Country (Australia, New Zealand).

In 2018, the size of the software as a service (SaaS) segment of the public cloud market in Australia was valued at around 3.8 billion U.S. dollars. This was forecast to more than double to reach roughly 8.1 billion U.S. dollars by 2023. Overall, the value of the public cloud market in Australia was expected to exceed 10 billion U.S. dollars by 2023.

 Public cloud market 

The public cloud market in Australia is dominated by the software as a service (SaaS), infrastructure as a service (IaaS), and platform as a service (PaaS) segments. Startups entering the market can benefit from these cloud services by lowering the initial investment required. Additionally, many existing businesses in Australia have started to change or adapt their business model around cloud services, with the benefits including lower costs, no maintenance, and scalability. The estimated GDP impact of the public cloud market in Australia is forecast to surpass 100 billion U.S. dollars in the coming years.

 Australia’s cyber security resilience  

As cloud services are adopted across industry and government, more sensitive or confidential data are being transferred to the cloud. The Australian Cyber Security Centre (ACSC) and the Digital Transformation Agency released cloud security guidelines in 2020 to support the secure adoption of these services. Furthermore, the Australian Government has invested in the Cyber Enhanced Situational Awareness and Response (CESAR) strategy, designed to support them in the identification of cyber threats, disrupt cybercrime, and to build partnerships between industry and government.

Interestingly, in a survey of small and medium businesses in Australia, many cyber threats were not well understood by respondents, which could indicate an area where improvements could be made to increase the resilience of the country’s cyber security.

The ANZ cloud computing market is experiencing robust growth, projected to reach $8.81 billion in 2025 and maintain a Compound Annual Growth Rate (CAGR) of 22.42% from 2025 to 2033. This significant expansion is driven by several key factors. Increasing digital transformation initiatives across various industries, coupled with the rising adoption of cloud-based solutions for enhanced scalability, cost optimization, and improved operational efficiency, are primary contributors. Furthermore, the growing demand for data analytics and artificial intelligence, which heavily rely on cloud infrastructure, is fueling market growth. Stringent data security and privacy regulations are also prompting organizations to migrate their sensitive data to secure cloud environments, accelerating market adoption. Key players like Microsoft, Amazon Web Services (AWS), Google Cloud, IBM, and others are actively investing in expanding their cloud services and infrastructure in the ANZ region, further stimulating competition and innovation. The market's sustained growth trajectory is anticipated to continue throughout the forecast period (2025-2033). However, potential restraints include the inherent security risks associated with cloud computing, concerns surrounding vendor lock-in, and the need for robust cybersecurity measures to mitigate potential threats. Despite these challenges, the ongoing digitalization efforts across governments and enterprises, combined with the increasing availability of high-speed internet connectivity, position the ANZ cloud computing market for continued substantial growth in the coming years. The diverse range of cloud services offered—including Infrastructure as a Service (IaaS), Platform as a Service (PaaS), and Software as a Service (SaaS)—further enhances the market's appeal and fuels its expansion. Key drivers for this market are: Growth of Cloud-Native Technologies, Rising Enterprise Demand for Cloud Services. Potential restraints include: Growth of Cloud-Native Technologies, Rising Enterprise Demand for Cloud Services. Notable trends are: Growing Demand of Hybrid Cloud in Australia and New Zealand.

Australia Cloud Services Market is driven by increasing demand for scalable, flexible, and cost-efficient cloud solutions.

In the financial year 2021, around 7.6 percent of businesses in the professional, scientific, and technical services industry in Australia used paid cloud computing services. In the same fiscal year, around 2.3 percent of businesses in the information media and telecommunications industry used cloud computing.

Australia Healthcare Cloud Computing Market growth is driven by digitize and prioritize data accessibility, scalability, and collaboration, cloud computing will serve as a critical enabler of future-ready healthcare delivery models.

The Australian ICT market, valued at approximately $X billion AUD in 2025 (assuming a logical market size based on global trends and the provided CAGR of 8.20%), is projected to experience robust growth throughout the forecast period (2025-2033). This expansion is fueled by several key drivers, including the increasing adoption of cloud computing, the burgeoning digital transformation initiatives across various industries, and significant government investments in digital infrastructure. Strong growth is expected across all segments, with the Software and IT Services sectors leading the charge, driven by the rising demand for software-as-a-service (SaaS) solutions and digital services. The BFSI, IT & Telecom, and Government sectors are expected to be the largest consumers of ICT solutions, reflecting their significant digitalization efforts. While data security concerns and the potential skills gap in the ICT workforce pose some challenges, the overall market outlook remains positive. The strong presence of multinational technology giants like Apple, Samsung, and Microsoft, coupled with the contributions of domestic players such as Tata Consultancy Services Limited and others, ensures a competitive and innovative landscape. The anticipated CAGR of 8.20% suggests a substantial increase in market value over the forecast period. This growth will be influenced by ongoing technological advancements like AI and the Internet of Things (IoT), which will create new market opportunities. Growth will be distributed among the segments according to their specific adoption rates of these technologies. The large enterprise segment will likely exhibit stronger growth than the SME sector due to higher investment capacities and more complex ICT needs. However, the SME segment's increasing adoption of cloud-based solutions and digital tools will contribute significantly to overall market expansion. Competitive intensity is expected to remain high, with companies vying for market share through innovation, strategic partnerships, and mergers and acquisitions. The Australian government's supportive policies further bolster the market's future trajectory. Recent developments include: November 2022: OPPO Australia launched its 1st tablet in the Australian market, the Pad Air, extending its ecosystem of products. The Pad Air consists of a two-tone metal splicing design. The upper side of the rear panel contains a 3D texture in an OPPO Glow finish, preventing unwanted fingerprints and grooves for a better grip. The lower part of the back panel has been sandblasted with grains of only 0.15mm, creating a slick-like surface., March 2022: Tata Consultancy Services opened a Digital Garage Innovation Centre in Australia. The TCS Sydney Digital Garage, Powered by TCS Pace, is the company's first in the Asia-Pacific region. The Digital Garage will support local digital transformation projects. It provides access to TCS' global ecosystem of academia, startups, and technology providers.. Key drivers for this market are: Surge in the need to explore and adopt digital technologies and initiatives, Rise in the Government Initiatives; Increase in the overall demand for Digitalization and Scalable IT Infrastructure. Potential restraints include: Surge in the need to explore and adopt digital technologies and initiatives, Rise in the Government Initiatives; Increase in the overall demand for Digitalization and Scalable IT Infrastructure. Notable trends are: Digital Transformation is Expected to Drive the ICT Market in Australia.

The cloud service market is expected to be valued at US$ 624.8 billion in 2024. The cloud service technologies are predicted to rise at a staggering CAGR of 15.7% from 2024 to 2034. The global market is anticipated to reach US$ 2,686.06 billion by 2034.

Attributes	Key Insights
Estimated Market Size in 2024	US$ 624.8 billion
Projected Market Value in 2034	US$ 2,686.06 billion
Value-based CAGR from 2024 to 2034	15.7%

2019 to 2023 Historical Analysis vs. 2024 to 2034 Market Forecast Projections

Historical CAGR from 2019 to 2023	14.9%
Forecast CAGR from 2024 to 2034	15.7%

Country-wise Analysis

Countries	Forecast CAGRs from 2024 to 2034
The United States	12.6%
Germany	15.2%
Japan	16.9%
China	16.2%
Australia and New Zealand	19.2%

Category-wise Insights

Category	Market share in 2024
Software as a Service (SaaS)	56.1%
Public Cloud	60.4%

Report Scope

Attributes	Details
Estimated Market Size in 2024	US$ 624.8 billion
Projected Market Valuation in 2034	US$ 2,686.06 billion
Value-based CAGR 2024 to 2034	15.7%
Forecast Period	2024 to 2034
Historical Data Available for	2019 to 2023
Market Analysis	Value in US$ billion
Key Regions Covered	North America Latin America Western Europe Eastern Europe South Asia and Pacific East Asia Middle East and Africa
Key Market Segments Covered	Service Type Deployment Enterprise Size Industry Region
Key Countries Profiled	The United States Canada Brazil Mexico Germany The United Kingdom France Spain Italy Russia Poland Czech Republic Romania India Bangladesh Australia New Zealand China Japan South Korea GCC countries South Africa Israel
Key Companies Profiled	IBM Corporation Dell Technologies SAP Google Oracle Corporation Cisco System Inc. AWS Fujitsu Global Rackspace Technologies Inc. Microsoft

The Australia Cloud Managed Service market is projected to grow at over 13.9% CAGR from 2024 to 2029, supported by various indicators pointing towards market expansion.

This statistic depicts the size of the small-to-medium business (SMB) cloud services market in Australia from 2012 to 2017, by segment. In 2017, the SMB cloud services market for unified communications in Australia is expected to be worth *** million Australian dollars.

The Australian data center power market, valued at $0.78 billion in 2025, is projected to experience robust growth, driven by the increasing adoption of cloud computing, big data analytics, and the expanding digital economy. The compound annual growth rate (CAGR) of 6.09% from 2025 to 2033 indicates a significant market expansion over the forecast period. Key drivers include the rising demand for higher power capacity within data centers to support advanced technologies and the increasing need for reliable and efficient power solutions to minimize downtime. Furthermore, the government's initiatives to promote digital transformation and the growth of various industries like IT & Telecommunication, BFSI (Banking, Financial Services, and Insurance), and Media & Entertainment are fueling market expansion. The market is segmented by power infrastructure solutions (UPS systems, generators, power distribution solutions), services, and end-users. Leading players like ABB, Caterpillar, Cummins, Eaton, and Schneider Electric are actively participating in this expanding market, offering a range of solutions to meet diverse customer needs. Growth within the Australian data center power market will be influenced by several factors. The increasing focus on sustainability and energy efficiency is driving demand for eco-friendly power solutions. Furthermore, advancements in power management technologies, such as intelligent power distribution units (PDUs) and advanced monitoring systems, are improving overall operational efficiency and reducing energy consumption. However, the market might face some restraints, such as the high initial investment costs associated with deploying advanced power infrastructure and the potential for supply chain disruptions. Despite these challenges, the long-term outlook for the Australian data center power market remains positive, with significant opportunities for growth and innovation across all segments. Recent developments include: February 2024: Enlogic, a significant provider of power products, announced two new PDUs to its extensive iPDU product line: Horizontal & Vertical high AMP PDUs. They included a High Amp Vertical PDU with combination and locking combination outlet and a Horizontal high Amp PDU (100/125A) with combination and locking combination outlets of C13/C15 and C13/C15/C19/C21, offering versatility and flexibility., January 2024: Vertiv announced the plans to double its manufacturing capacity for busways, switchgear, and integrated modular solutions (IMS) by 2025. The expansion plans include increasing the utilization and footprint in the United Arab Emirates, Ireland, South Carolina (United States), Mexico, Slovakia, and Northern Ireland.. Key drivers for this market are: Rising Adoption of Mega Data Centers and Cloud Computing, Increasing Demand to Reduce Operational Costs. Potential restraints include: Rising Adoption of Mega Data Centers and Cloud Computing, Increasing Demand to Reduce Operational Costs. Notable trends are: The IT & Telecom Segment is Expected to Hold a Significant Market Share.

The shift towards remote work has led to a surge in cloud storage adoption. Cloud storage is vital for remote work efficiency, providing secure data access and facilitating collaboration. Cloud storage providers are focusing on sustainability by enhancing energy efficiency and integrating renewable energy sources into facilities, differentiating themselves through eco-friendly practices and helping reduce utility expenses’ revenue share. Major providers like Amazon and Microsoft have implemented enhanced cybersecurity measures to address growing concerns from recent data breaches and strengthen client trust. Widespread internet use and growth in online services continue to fuel demand for cloud storage as businesses and institutions seek scalable solutions for their digital needs. Substantial investments in data centre facilities have hiked costs, slightly eroding the industry’s profitability despite the ongoing climb in demand for cloud storage services. Revenue is expected to have risen at an annualised 4.4% over the five years through 2024-25, to $5.7 billion. This includes an anticipated 4.8% spike in 2024-25. Cloud storage is capital-intensive, with substantial start-up costs and regulatory compliance requirements. Major tech companies Amazon and Microsoft lead the Cloud Storage Services industry because they can make significant capital investments, which smaller providers struggle to match. Substitutes like in-house and modular data centres offer alternatives for organisations seeking control over their data infrastructure. In the coming years, the AI revolution is set to drive significant demand for data centres, necessitating enhancements in digital infrastructure to allow for large-scale AI processing. Cloud storage providers like Amazon and Microsoft are investing heavily in new data centres, signalling their confidence in the industry's future. Amazon's top-secret cloud partnership with the Australian Government, which is worth at least $2.0 billion and highlights the strategic importance of cloud services in national security, will bolster the company’s market share and boost industry revenue. Data centres will prioritise energy efficiency and sustainable practices to minimise energy consumption, optimise resource use and appeal to eco-conscious clients. Industry revenue is forecast to climb at an annualised 6.2% over the five years through 2029-30, to $7.7 billion.

The global private cloud services market is set to grow, with a valuation of USD 124.6 billion in 2025, and it is going to touch USD 618.3 billion by 2035. The CAGR of 15.9% is likely during the projection period proposed.

Metric	Value
Industry Size (2025E)	USD 124.6 billion
Industry Value (2035F)	USD 618.3 billion
CAGR (2025 to 2035)	15.9%

Country-wise CAGR Analysis of the Private Cloud Services Market (2025 to 2035)

Country	CAGR (2025 to 2035)
USA	15.2%
UK	13.8%
France	12.5%
Germany	13.0%
Italy	11.3%
South Korea	14.0%
Japan	12.8%
China	16.5%
Australia	13.2%
New Zealand	11.9%

Competitive Outlook

Company Name	Estimated Market Share (%)
Amazon Web Services (AWS)	32%
Microsoft Azure	25%
IBM Cloud	15%
Google Cloud Platform (GCP)	10%
VMware	8%
Other Companies Combined	10%

End-user expenditure on public cloud services in Australia was expected to reach almost **** billion Australian dollars by 2022. The largest contribution to this was attributed to the software as a service (SaaS) segment.

Australia Data Center Networking Market size was valued at 1.20 USD Billion in 2024 and is projected to reach USD 2.49 Billion by 2032, growing at a CAGR of 9.5% from 2026 to 2032.

Key Market Drivers:

Cloud adoption: The rising adoption of cloud computing is a primary driver in the Australian data center business. With 50% of firms implementing hybrid cloud solutions, data centers must expand their capacity to match the growing demand for cloud-based services, storage and computing power.

E-commerce Growth: Australia's e-commerce business is thriving, with a projected market value of $25 Billion by 2026. The rise of online shopping, digital payments and data processing is driving demand for reliable data center infrastructure that can handle real-time transactions and improve the consumer experience.

The size of the Data Centre Market in Australia market was valued at USD XX Million in 2023 and is projected to reach USD XXX Million by 2032, with an expected CAGR of 21.06% during the forecast period.A data center is the facility that houses computer systems as well as networking equipment to store, process, and transmit data. It provides infrastructure, power, cooling, and security so that a myriad of critical IT systems are in proper working order. Data centers are incredibly important to any organization, whether small or large because it allows businesses to store and access data, run applications, and conduct online transactions.Several factors put a demand on the Australian data center market. These factors include cloud computing adoption, growth within the digital economy, a growing demand for data storage and processing, among others. The focus of the Australian government towards digital transformation and cyber security initiatives further fuel the market.The three dominant drivers that have promoted the growth of the data center market in Australia are as follows: increased usage for better storage and processing of data; increasing demand for cloud-based services; growth of the digital economy; and increased digital transformation and security push by the Australian government. Business and organisational reliance on digital technologies should ensure healthy demand for efficient and secure data centers in Australia going forward. Recent developments include: August 2022: Equinix announced that it completed the USD 15.7 million expansion of its second Melbourne data center. First opened in February 2020, the ME2 site in Port Melbourne acquired 500 new cabinets, increasing the facility's total to 1,500 cabinets and colocation space covering 4,070 square meters (43,800 sq ft). The data center is planned to eventually span over 8,200 square meters (88,150 sq ft) and will house 3,000 cabinets.August 2022: Leaseweb Global, announced that it is expanding its Asia Pacific presence with the opening of three new data centers in Tokyo, Singapore and Sydney before the end of the year. When the additional locations launch, Leaseweb will operate a total of nine data centers across the region.August 2022: Canberra Data Centres announced that it has signed a new 10-year deal with the Defence last month. The USD 91.5 million Defence contract is double the value of its previous most lucrative contract with the big spending department, and was revealed through public tender documents.. Key drivers for this market are: Rise of E-Commerce, Flourishing Startup Culture. Potential restraints include: Slow Penetration Rate in Developing Countries. Notable trends are: OTHER KEY INDUSTRY TRENDS COVERED IN THE REPORT.