DUBLIN--(BUSINESS WIRE)--The "Australia Internet of Things (IoT) Market By Platform (Network Management, Application Management & Others), By Component, By Application (Consumer Electronics, Building & Home Automation, etc.), Competition, Forecast & Opportunities, 2024" report has been added to ResearchAndMarkets.com's offering.

Years Considered in this Study

  • Historical Years: 2014-2017
  • Base Year: 2018
  • Estimated Year: 2019
  • Forecast Period: 2020-2024

The Australian Internet of Things (IoT) market to cross $25 billion by 2024 on account of the rising demand for smart devices, growing government initiatives and rise in the demand for analytics.

Moreover, increasing penetration of IoT in various applications like consumer electronics, building & home automation, connected logistics etc., is further pushing its demand in the country. Additionally, the surge in cloud platform adoption, the advent of advanced data analytics and development of wireless networking technologies are likely to propel the Australian Internet of Things (IoT) market during the forecast period.

The Australian Internet of Things (IoT) market can be broadly segmented into platform, component, application and region.

In terms of platform, the market can be categorized into device management, application management and network management. Of all, device management is expected to grow at the highest CAGR during the forecast period on account of increasing emphasis on improving the operational efficiency and managing connected devices.

Based on components, the market can be segmented into hardware, software and services.

Internet of Things (IoT) market of Australia caters to various applications such as connected logistics, smart retail, smart mobility & transportation, building & home automation and others. Smart mobility & transportation is anticipated to witness the fastest growth in the Australian Internet of Things (IoT) market due to the high demand for making the transportation efficient & cost-effective, by using communications and digital technologies.

The market of internet of things (IoT) in Australia is gaining traction and is expanding to various regions such as Australia Capital Territory & New South Wales, Victoria & Tasmania, Western Australia, Queensland, & Northern Territory & Southern Australia. Western Australia is expected to witness growth during the forecast period owing to rising penetration of the technology.

Major companies operating in the Australian IoT market recorded high sale volumes in the 2018 financial year and the trend is likely to continue during the forecast period as well. List of major players operating in the Australian Internet of Things (IoT) market includes Intel Australia Pty Ltd., GE Australia Pty Ltd., IBM Australia Limited, Amazon Web Services Australia Pty Ltd., Microsoft Pty Limited, etc.

Major companies are developing advanced technologies and launching new products in order to stay competitive in the market. Other competitive strategies include mergers & acquisitions and new product developments. For instance, Telstra entered into a smart city partnership with the Tasmanian state government.

Objectives of the Study

  • To analyze and forecast the market size of the Australian Internet of Things (IoT) market.
  • To classify and forecast the Australian Internet of Things (IoT) market based on platform, application, component and regional distribution.
  • To identify drivers and challenges for the Australian Internet of Things (IoT) market.
  • To examine competitive developments such as expansions, new product launches, mergers & acquisitions, etc., in the Australian Internet of Things (IoT) market.
  • To identify and analyze the profile of leading players involved in the Australian Internet of Things (IoT) market.

Key Topics Covered

1. Product Overview

2. Research Methodology

3. Analyst View

4. Voice of Customers

4.1. By IoT Adoption Readiness

4.2. By Location of Processing IoT Data

4.3. By Reasons Business are Adopting IoT

4.4. By Key IoT Related Challenges Faced

5. Global IoT Market Overview

6. Australia IoT Market Landscape

7. Australia IoT Market Outlook

7.1. Market Size & Forecast

7.1.1. By Value

7.1.2. By Volume (Number of Connected Devices)

7.2. Market Share & Forecast

7.2.1. By Platform (Network Management, Application Management and Device Management)

7.2.2. By Component (Hardware, Services and Software)

7.2.3. By Application (Consumer Electronics, Smart Mobility & Transportation, Building & Home Automation, Connected Logistics, Smart Retail, and Others)

7.2.4. By Region (Australia Capital Territory & New South Wales, Victoria & Tasmania, Queensland, Western Australia, and Northern Territory & Southern Australia)

7.3. Australia IoT Market Mapping

7.3.1. By Platform

7.3.2. By Component

7.3.3. By Application

7.3.4. By Region

8. Australia IoT Hardware Market Outlook

8.1. Market Size & Forecast

8.1.1. By Value

8.2. Market Share & Forecast

8.2.1. By Type (Device & Gateways)

8.2.2. By Application (Consumer Electronics, Smart Mobility & Transportation, Building & Home Automation, Connected Logistics, Smart Retail, and Others)

8.2.3. Leading Companies in Australia IoT Hardware market

9. Australia IoT Services Market Outlook

9.1. Market Size & Forecast

9.1.1. By Value

9.2. Market Share & Forecast

9.2.1. By Type (Professional Services & Managed Services)

9.2.2. By Application (Consumer Electronics, Smart Mobility & Transportation, Building & Home Automation, Connected Logistics, Smart Retail, and Others)

9.2.3. Leading Companies in Australia IoT Services market

10. Australia IoT Software Market Outlook

10.1. Market Size & Forecast

10.1.1. By Value

10.2. Market Share & Forecast

10.2.1. By Type (Real Time Streaming Analytics, Security, Data Management, Remote Monitoring, and Network Bandwidth Management)

10.2.2. By Application (Consumer Electronics, Smart Mobility & Transportation, Building & Home Automation, Connected Logistics, Smart Retail, and Others)

10.2.3. Leading Companies in Australia IoT Software market

11. Market Dynamics

11.1. Market Drivers

11.2. Market Drivers - Impact Analysis

11.3. Market Challenges

11.4. Market Challenges - Impact Analysis

12. Market Trends & Developments

13. Policy & Regulatory Landscape

14. Australia Economic Profile

15. Competitive Landscape (Top 10 Companies)

15.1. Competition Benchmarking

15.2. Company Profiles

15.2.1. Intel Australia Pty. Ltd.

15.2.2. GE Australia Pty. Ltd.

15.2.3. IBM Australia Ltd.

15.2.4. Amazon Web Services Australia Pty. Ltd.

15.2.5. Robert Bosch Australia Pty. Ltd.

15.2.6. Cisco Systems Australia Pty. Ltd.

15.2.7. SAP Australia Pty. Ltd.

15.2.8. Microsoft Pty. Ltd.

15.2.9. Oracle Corporation Australia Pty. Ltd.

15.2.10. Google Australia Pty. Ltd.

16. Strategic Recommendation

For more information about this report visit https://www.researchandmarkets.com/r/h53r0r

Contacts

ResearchAndMarkets.com Laura Wood, Senior Press Manager press@researchandmarkets.com For E.S.T Office Hours Call 1-917-300-0470 For U.S./CAN Toll Free Call 1-800-526-8630 For GMT Office Hours Call +353-1-416-8900