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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

IBISWorld’s Data Storage Services market research report provides the latest industry statistics and industry trends, allowing you to identify the products and customers driving revenue growth and profitability. The industry report identifies the leading companies and offers strategic industry analysis of the key factors influencing the market.

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 SWOT Analysis Chapter

The Data Storage Services industry is in the growth stage of its life cycle. Increased outsourcing of data storage services has been aided by the rapidly increasing penetration of high-speed broadband networks, which have created a range of new revenue streams. Strong demand has encouraged new enterprises to enter the industry while existing players have been expanding their operations. The industry is also characterised by a rapid rate of technological change, influencing the ease with which downstream markets can access the industry's services.

Over the 10 years through 2020-21, industry value added (IVA), which measures an industry's contribution to the economy, is expected to increase at an annualised 14.1%... 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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