Industry Analysis & Industry Trends
Information technology (IT) security is an ongoing concern for all businesses. Over the past five years, Australian businesses' reliance on computing technology has increased, as new technologies have allowed them to increase productivity significantly. The increasing accessibility of broadband internet means that businesses now engage in large levels of data transfer. This has helped facilitate the rise of ‘big data', where many businesses have been able to gather large amounts of data, which may be sensitive. Furthermore, the introduction of smartphones has allowed much of this data to be accessed nearly anywhere.
These advancements have meant that new security concerns have arisen over the past five years, leading to increasing demand for IT security consultants... purchase to read more
Industry Report - Industry SWOT Analysis Chapter
The industry is growing. As an industry that is able to ride the wave of increasing computer use, businesses have consistently sought to use the industry's services over the past five years, and are expected to continue to do so over the next five. Over the ten years through 2019-20, industry value added is expected to increase at an annualised 3.8%, higher than the 2.7% annualised growth forecast for GDP.
Establishment numbers are expected to continue to grow as larger companies increase their reach and newer companies enter to cater to smaller businesses. Technological change is expected to remain high, leading to a need for new types of security checks and assessments by outside entities... purchase to read more