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Data Storage Services in Australia: Market Research Report

Market Research • Market Size • Industry Statistics • Industry Analysis • Industry Trends

Data Storage Services Market Research Report | ANZSIC J5922 | Feb 2016

Cloud nine: Industry revenue has grown due to the rising prominence of cloud computing

The Data Storage Services market research report provides key industry analysis and industry statistics, measures market size, analyzes current and future industry trends and shows market share for the industry’s largest companies. IBISWorld publishes the largest collection of industry reports so you can see an industry’s supply chain, economic drivers and key buyers and markets.

Report Snapshot
Industry Statistics & Market Size
Revenue
$1bn
Annual Growth 11-16
16.8%
Annual Growth 16-21
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Profit
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Employment
2,230
Businesses
32
Industry Analysis & Industry Trends

Data storage service providers enable users to upload, download, back up and access files and systems. The industry has performed well over the past five years, primarily due to growing internet traffic, the increasing prominence of cloud computing and the outsourcing of data storage by many businesses. Cloud computing has enabled companies to reduce their storage and computing costs, as capacity can easily be scaled up or down depending on demand. In contrast, firms that maintain their own servers in-house incur considerable capital expenditure and utilities costs. As a result, demand for outsourced data storage services has grown over the past five years. Over the five years through 2015-16, industry revenue is forecast to grow at an annualised 16.8% to reach $1.1 billion... purchase to read more

Industry Report - Industry Products Chapter

Data storage service providers serve a wide variety of functions, but all are underpinned by physically storing data, which is the industry's specialisation. Such mass storage allows businesses to reduce their internal IT infrastructure costs and improve their data security.

Web-hosting infrastructure

Demand for web-hosting infrastructure is driven by clients' desire to reduce internal IT infrastructure costs. The majority of businesses and organisations that operate a website do not own or operate the website infrastructure themselves, as this would require substantial investments in both capital and labour. Website hosting services are therefore commonly outsourced... purchase to read more

 


Industry ProductsRelated ReportsTable of Contents

What is the Data Storage Services Industry?

Companies in the industry are mainly engaged in providing electronic information storage and retrieval services. The industry provides electronic information storage, such as cloud services, which enable third parties to upload, download, back up and access files and systems over the internet. The industry excludes web hosting services, which primarily provide access to information stored on the internet as a means to disseminate information.

Industry Products
Web-hosting infrastructureData support servicesData storage, backup and archival services
 
Industry Activities
Computer data physical storage and retrieval servicesElectronic information physical storage and retrieval servicesData centre operation and management


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