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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 | Nov 2016

Ahead in the cloud: Outsourcing data storage and cloud computing boost industry revenue

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
$2bn
Annual Growth 12-17
16.5%
Annual Growth 17-22
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Profit
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Employment
2,685
Businesses
652
Industry Analysis & Industry Trends

Data storage service providers enable users to upload, download, back up and access their files and systems on servers managed by third parties. The industry has performed well over the past five years, primarily due to growing internet traffic, the increasing prominence of cloud computing and many businesses outsourcing data storage. Cloud computing has reduced companies’ storage and computing costs, as capacity has been easily scaled up or down depending on demand. In contrast, firms that maintain 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 2016-17, industry revenue is expected to grow at an annualised 16.5% to reach $2.1 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. The rapid expansion of high-speed broadband networks has aided increased outsourcing of data storage services, creating 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 rapid technological change, influencing the ease with which downstream markets can access the industry's services. Major players have invested heavily in research and development aimed at improving the storage capacity of servers, allowing more data to be stored per rack... purchase to read more

 


Industry ProductsRelated ReportsTable of Contents

What is the Data Storage Services Industry?

Industry companies mainly provide 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
Co-location storageCloud storageManaged storage
 
Industry Activities
Computer data physical storage and retrieval servicesElectronic information physical storage and retrieval servicesData centre operation and management


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