Technology & Telecoms
enabling success for tomorrow
The industry
The Australian technology sector has become a critical part of the economy.
The sector is expected to contribute $200 billion to GDP and support 1 million jobs by 2025. Technology enables growth across the economy and has a significant indirect economic impact.
Key trends shaping the future of the technology sector include:
1
Cloud computing
Cloud computing services will continue to see strong demand as businesses looking to scale and optimise their operations while minimizing infrastructure costs
2
Artificial Intelligence and Machine Learning
Australian companies are leveraging AI and machine learning technologies to automate tasks, improve customer service, and gain valuable insights from data
3
Cybersecurity
As cyber threats become increasingly sophisticated, Australian businesses are investing more heavily in cybersecurity technologies to protect their networks, data, and customer information
4
Internet of Things (IoT)
The IoT market in Australia is expected to continue growing as businesses adopt connected devices to improve efficiency, reduce costs, and enhance customer experiences
5
Sustainability
Australian businesses are increasingly focused on leveraging technology and digital innovation to reach Net Zero and promote more sustainable practices
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