The Australia ICT market was valued at USD 73.54 Billion in 2025. The market is further projected to grow at a CAGR of 7.20% between 2026 and 2035, reaching a value of USD 147.39 Billion by 2035.
Base Year
Historical Period
Forecast Period
Key market drivers include a growing emphasis on digital technology, cybersecurity, artificial intelligence, 5G network, and robotics.
According to industry reports, global brands like Avaya, Canon, and IBM have established product development (R&D) facilities in Australia, while Google Maps and Warner Bros are leveraging their Australian bases for international digital content development in business and entertainment sectors.
The Australian Federal Government’s increased IT expenditure further fuels opportunities in the ICT sector.
Compound Annual Growth Rate
7.2%
Value in USD Billion
2026-2035
*this image is indicative*
The ICT sector in Australia is growing and this is prevalent in the increasing demand for skilled professionals in core ICT occupations, such as software engineers and technicians, with a focus on experienced and university-qualified candidates proficient in programming languages and communication skills. The 2021 Census revealed that Information Technology qualifications are held by nearly half a million Australians (470,318), showing a 36% increase since 2016.
Some of the key drivers aiding the Australia ICT market development include the growing adoption of advanced technologies such as artificial intelligence, cloud computing, big data, and the Internet of Things (IoT). This surge in technology adoption is fueled by factors like digital transformation initiatives by the Australian government, increased emphasis on data analytics, AI, and automation across various industries, and the rising number of internet users in the country. As per industry reports, the number of internet users in Australia reached 91% of the population in 2022, indicating a growing market demand.
Additionally, investments in AI capabilities and the restructuring of the telecommunications industry to enhance competition and improve services, along with strategic agreements between key players like TPG Telecom and Telstra to expand broadband and 5G network coverage, further contribute to the Australia ICT market growth.
The transportation sector also leverages ICT solutions for logistics optimisation, fleet management, and passenger services, contributing to operational efficiency and customer satisfaction. Moreover, in BFSI (Banking, Financial Services, and Insurance) sector, ICT solutions are essential for digital banking, financial transactions, risk management, and customer service. The BFSI sector represents a significant portion of ICT revenue, with a focus on cybersecurity, data analytics, and digital transformation initiatives. Lastly, the healthcare sector relies on ICT solutions for electronic health records, telemedicine, medical imaging, and patient management systems, improving healthcare delivery, patient outcomes, and operational workflows.
Australia ICT Industry Report and Forecast 2026-2035 offers a detailed analysis of the market based on the following segments:
Market Breakup by Type:
Market Breakup by Enterprise Size:
Market Breakup by End Use:
Market Breakup by Region:
Market players are focused on leveraging digital technology, cybersecurity, artificial intelligence, and robotics to drive significant growth in the market.
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In 2025, the market reached an approximate value of USD 73.54 Billion.
The Australia ICT market is expected to grow at a CAGR of 7.20% between 2026 and 2035.
The ICT market is estimated to witness a healthy growth in the forecast period of 2026-2035 to reach Billion 147.39 Billion by 2035.
The market is being driven due to the growing adoption of advanced technologies, digital transformation initiatives by the Australian government, and the rising number of internet users in the country.
Key trends aiding the market expansion include restructuring of the telecommunications industry, increasing demand for ICT workers, and investments in AI capabilities and digital infrastructure.
Regions considered in the market are New South Wales, Victoria, Queensland, Western Australia, and Australian Capital Territory, among others.
Based on end use, the market segmentations include public sector, telecom, transportation, BFSI, manufacturing, energy, retail, and healthcare, among others.
Hardware, software, IT services, telecommunication services, and other types of ICT are considered in the report.
Key players in the market are Samsung Electronics Australia Pty Limited, Apple Inc., Microsoft Corporation, IBM Corporation, Accenture plc, Cisco Systems Inc., Infosys Limited, and Wipro Limited, among others.
Explore our key highlights of the report and gain a concise overview of key findings, trends, and actionable insights that will empower your strategic decisions.
| REPORT FEATURES | DETAILS |
| Base Year | 2025 |
| Historical Period | 2019-2025 |
| Forecast Period | 2026-2035 |
| Scope of the Report |
Historical and Forecast Trends, Industry Drivers and Constraints, Historical and Forecast Market Analysis by Segment:
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| Breakup by Type |
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| Breakup by Enterprise Size |
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| Breakup by End Use |
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| Breakup by Region |
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| Market Dynamics |
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| Competitive Landscape |
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| Companies Covered |
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