Market Monitor - ICT Industry - Australia

Market Monitor

  • Australia
  • Electronics/ICT

21st May 2015

Australia’s ICT sector continues to perform well while the IT market in particular is expected to have considerable medium-term growth potential.

Market performance at a glance


  • The Australian IT market is forecast to have considerable medium- term growth potential, particularly in areas such as tablets, real-time enterprise software and data centre growth.
  • IT services sales grew by more than 8% in 2014, and will continue to be the highest performing segment, with cloud services the key growth driver as local companies try to use efficiencies enabled by high speed internet.
  • The Australian Government is an important factor, driving the IT market through its purchase programme and various initiatives, such as boosting domestic software development.
  • Growth opportunities in the telecommunications subsector will be severely limited in the years ahead due to the highly saturated nature of the market. However, in the mobile segment there is still growth potential given the increasing popularity of mobile data services.
  • Our underwriting stance remains generally open for wholesalers/ distributors and retailers, system integrators and IT software/services/hardware companies. With minor exceptions, ICT businesses continue to show yearly growth rates. The financial performance should remain stable with banks willing to lend to ICT companies. Protracted defaults and insolvency levels are low in this industry.

Related documents

Disclaimer, no warranties and exclusion of liability

Atradius disclaims any representations or warranties of any kind, whether expressed or implied, including but not limited to implied warranties of merchantability and fitness for a particular purpose of (INCLUDING BUT NOT LIMITED TO) any information contained on or provided via this Web Site and/or any service described or promoted on this Web Site, including warranties with respect to infringement of any patent, copyright, or other rights of third parties. Atradius shall not be liable for any injury, loss, damage or expense arising out of any access to or use of this Web Site or any site linked to or from this Web Site, including, without limitation, any loss of profit, indirect, incidental or consequential loss. Atradius furthermore shall not be liable for persons, property damage or especially direct, indirect, incidental, consequential, immediate or subsequent (pecuniary) loss. While Atradius has used reasonable efforts in maintaining a virus-free Web Site, it declines any liability for persons, property damage or especially direct, indirect, incidental, consequential, immediate or subsequent (pecuniary) loss which may result from transmission or downloading of computer viruses. Atradius cannot be held liable for hardware damage, loss of data, alteration of data, or downtime.