Press Release

Australia Data Analytics Market to be Driven by the Growing Adoption of Vertical Data Analytics Services through 2028

Australia Data Analytics market is being driven by a growth in internet users and the use of digital services, both of which are expected to grow between 2024 and 2028.

According to TechSci Research report,
“Australia Data Analytics Market - By Region, Competition, Forecast & Opportunities, 2018-2028F”, the Australia Data Analytics Market is expected to register robust growth during the forecast period, 2024-2028. Data analytics is a technique used by many businesses to study several data sets in an attempt to predict future events using sophisticated software tools. The cause for the growth of the data analytics market in Australia is the increasing number of enterprises that rely on big scale data analytics to get more insights into their customers' behavior as well as their distinct business requirements. The increased adoption of data analytics by organizations across many industries to obtain insights into customer behavior, better decision-making, and lower costs is contributed to the market's rise. Data analytics companies are investing heavily in research and development to develop new and innovative data analytics solutions. Cloud-based data analytics solutions offer a number of advantages, such as flexibility, scalability, and cost-effectiveness, which are driving the demand for these solutions in the market. Furthermore, growing awareness among companies about the created data, which can be utilized to predict future events, is favorably affecting the growth of the country's data analytics industry. The report cites the increasing adoption of big data and advanced analytics solutions, as well as the growing need for real-time data analytics, as key drivers of this growth.

The COVID-19 pandemic has also played a role in the growth of the Australia data analytics market, as businesses have had to rely more heavily on data to make informed decisions in the face of uncertainty. The healthcare sector, in particular, has seen significant growth in the use of data analytics to improve patient outcomes and manage resources effectively.

Browse over XX market data Figures spread through XX Pages and an in-depth TOC on the "
Australia Data Analytics Market

Australia Data Analytics market is segmented into component, deployment, end-user industry and region. Based on component, the market is further segmented into software and services.
The software segment is expected to dominate the market during the forecast period due to the increasing demand for data analytics solutions that can help businesses to collect, store, and analyze large volumes of data.

Based on deployment, the market is further bifurcated into on-premises and cloud.
The cloud segment is expected to grow at a faster rate during the forecast period due to the increasing preference for cloud-based solutions that offer flexibility, scalability, and cost-effectiveness. Based on organization size, the market is segmented into large enterprises, and small and medium enterprises. Based on end-user industry, the market is further split into Retail & E-Commerce, Government & Defense, BFSI, IT & Telecom and Others. The BFSI segment is expected to dominate the market during the forecast period due to the increasing adoption of data analytics by banks and financial institutions to improve customer service, fraud detection, and risk management.


Key market players in the Australia Data Analytics Market include:

  • TIBCO Software Australia Pty Ltd
  • Teradata Corporation
  • Pernix Corporation
  • Woveon Australia
  • QlikTech Australia Pty Ltd
  • SAS Institute Australia Pty Ltd
  • SAP Australia Pty Ltd
  • SFDC Australia Pty. Ltd. (Salesforce)
  • Microsoft Pty Ltd.


Download Free Sample Report

Customers can also request for 10% free customization on this report.

The Australia data analytics market is expected to develop at an outstanding rate, driven by increasing demand for data-based insights across various sectors. This rise is being driven by the rising usage of big data and advanced analytics solutions, as well as the growing requirement for real-time data analytics. Industry experts believe that the growth of the Australia data analytics market will continue to accelerate in the coming years, driven by the increasing importance of data-driven decision-making across industries. Businesses are increasingly adopting big data and analytics to gain insights into customer behavior, improve decision-making, and reduce costs. The financial services, healthcare, and retail sectors are expected to be the primary drivers of growth in this market. The rising relevance of data-driven decision-making across sectors is expected to drive the growth of the Australia data analytics market in the coming years. Financial services, healthcare, and retail are likely to be the key growth drivers in this market,” Said Mr. Karan Chechi, Research Director with TechSci Research, a research-based global management consulting firm.

Data Analytics Market By Product Type (Copper Cable, Fiber Cable, Fiber Components), By Application (LAN, Data Center), By Wire Category (Category 5e, Category 6, Category 7, Category 6A), By End User (Telecommunication, Government, Commercial, Others), By Region, Competition, Forecast & Opportunities, 2028F
has assessed the Australia Data Analytics market's future development potential and provides data and information on market size, structure, and projected market growth. The report's goal is to give current market knowledge and assist decision makers in making informed investment decisions. Furthermore, the study identifies and analyses emerging trends, as well as key drivers, constraints, and opportunities in the Australia Data Analytics market.


Mr. Ken Mathews

708 Third Avenue,

Manhattan, NY,

New York – 10017

Tel: +1-646-360-1656

Email: [email protected]


Relevant News