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CHICAGO, April 23, 2020 /PRNewswire/ -- According to Arizton's recent research report, Australia Data Center Market - Investment Analysis and Growth Opportunities 2020-2025 is expected to grow at a CAGR of around 3% during the period 20192025. This market research report includes data-driven and deep market insights on the impact of COVID-19 across geographies, segments, and vendor landscape. Leverage Arizton's market analysis to take real-time strategic business decisions and enhance your product portfolios.

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Australia Data Center Market Segmentation

Australia Data Center Market Dynamics

Growing cloud adoption driving data center demand in Australia. It is expected that over 90% of SMEs in Australia will operate through cloud computing, and about 80% of medium-sized and large data centers will outsource their data center operations by 2023. The cloud service market is Australia grew by around 20% in 2019 compared to 2018. Over 50% of IT budget in enterprisers is spent on the migration to cloud-based services in Australia, with IaaS spending leading the chart, followed by the SaaS segment. Australia has been ranked fifth countries in the world that offer foolproof policies and regulations for cloud adoption, thereby increasing data center investment opportunities in the country. Australia has a presence of both local and global cloud services providers such as AWS, Microsoft, oracle, Macquarie Telecom, and Vault Systems.

Key Drivers and Trends fueling Market Growth:

Australia Data Center Market Geography

Sydney accounted for 60% of data center investments in 2019. The demand for data centers is largely driven by favorable geographical locations and a strong connectivity to the outside world. Submarine cable projects have been increased in the country which has attracted data center investors. For instance, in 2019, the submarine fiber cable projects INDIGO-Central and INDIGO- West connected two major locations of Australia with Indonesia and Singapore.

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Key Market Participants

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SOURCE Arizton Advisory & Intelligence

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The Australia Data Center Market to Witness Investments Worth of Over $6 Billion YOY During the Period 2020 2025 - Market Research by Arizton -...