Rise in Number of Internet Users Propelling Growth in the IT Market in Australia: Technavio Report

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London, 22 January 2015: TechNavio, the independent tech-focused global research firm, has published a report on the IT Market in Australia 2015-2019, which is expected to grow at a CAGR of 5.21 percent during the forecast period of 2014-2019.

“The increase in the adoption of products such as tablets, mobile devices, smartphones, and internet-enabled TVs is attributed to the increased internet access in the country,” says Faisal Ghaus, Vice President of TechNavio.

“An increase in the number of internet users helps to increase the revenue of the digital economy of the country; thus, a major contributor of the IT market in Australia.”

Key Market Drivers

  • Increased Number of Government IT Initiatives
  • Rise in Number of Internet Users
  • Emerging Consumer Technology

Key Market Trends

  • Increased Adoption of Cloud Computing
  • Rise in M&A
  • Emergence of Virtualized Environment

Key Market Vendors

  • Dell Inc.
  • Google Inc.
  • HP Corp.
  • IBM Corp.
  • Lenovo Corp.
  • NetApp Inc.

To define the market circumstances in the next 3-4 years, TechNavio analysts have conducted in-depth analysis of the impact of market drivers, challenges and trends featuring data on product segmentations, vendor shares, growth rate by revenue and an evaluation of the different buying criteria in the order of importance.

https://www.technavio.com/%3Cp%3EIf%20you%20are%20interested%20in%20more%…