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.


Industry Threats & Opportunities

  • Outsourcing trends, and the increasing use of cloud computing will support industry revenue
  • Industry players have upgraded their data storage service facilities to meet rising demand
  • Improved domestic web accessibility is anticipated to increase industry participation

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    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...

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    Industry Report - Industry Investment Chapter

    Capital intensity in the industry is high. For every dollar spent on labour, $2.59 is spent on capital expense. In this calculation, depreciation is used as a proxy for capital, while wages are used as a proxy for labour. Data centres are highly automated facilities with a significant amount of redundancy built into their systems. This means that every vital system, such as power, cooling, security and the servers themselves, is duplicated to reduce outages and perform maintenance without interrupting operation.

    Economies of scale are significant in the industry. As operations become larger wages are expected to drastically decrease as a share of revenue. The..

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    Additional Insights for the Data Storage Services Industry

    IBISWorld identifies 250 Key Success Factors for a business.The most important for the Data Storage Services Industry are

  • Highly trained workforce
  • Ability to compete on tender
  • Economies of scale
  • IBISWorld analysts also discuss how external factors such as Capital expenditure on computer software and Demand from information media and telecommunications in the Data Storage Services industry impact industry performance..

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    Industry Products

    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 storage
    Cloud storage
    Managed storage
    Industry Activities
    Computer data physical storage and retrieval services
    Electronic information physical storage and retrieval services
    Data centre operation and management

    Table of Contents

    About this Industry
    Industry Definition
    Main Activities
    Similar Industries
    Additional Resources
    Industry at a Glance
    Industry Statistics Snapshot
    Industry Structure
    Executive Summary
    Industry Performance
    Executive Summary
    Key External Drivers
  • Capital expenditure on computer software
  • Demand from information media and telecommunications
  • Capital expenditure by the public sector
  • Internet connections

  • Current Performance
  • Industry structure
  • Cloud computing
  • Security concerns
  • Chart: Revenue Growth

  • Industry Outlook
  • Outsourced IT infrastructure
  • High competition
  • Energy efficiency
  • Table: Data Storage Services Industry Revenue Outlook

  • Industry Life Cycle
  • Life cycle reasons
  • Chart: Benchmarking - Data Storage Services Industry Lifecycle vs The Economy

  • Products & Markets
    Supply Chains
    Key Buying Industries
  • Public Administration and Safety
  • Finance
  • Consumers

  • Key Selling Industries
  • Computer and Electronic Office Equipment Manufacturing
  • Wired Telecommunications Network Operation

  • Products & Services
  • Cloud storage
  • Co-location storage
  • Managed storage
  • Chart: Data Storage Services Industry Products and Services Segmentation

  • Demand Determinants
    Major Markets
  • ICT companies
  • Finance and insurance firms
  • Governments
  • Other
  • Manufacturing companies
  • Chart: Major Market Segmentation for the Data Storage Services Industry

  • International Trade
    Business Locations
    Chart: Business Locations by State
    Competitive Landscape
    Market Share Concentration
    Key Success Factors
    Cost Structure Benchmarks
  • Chart: Cost Structure Benchmarking – Sector vs Data Storage Services

  • Basis of Competition
  • Internal competition
  • External competition

  • Barriers to Entry
  • Table: Barrier to Entry Checklist for the Data Storage Services Industry

  • Industry Globalization
    Major Companies
    IBM A/NZ Holdings Pty LimitedEquinix Australia Pty LimitedGlobal Switch Australia Holdings Pty LimitedMGH Holdco Pty Ltd
  • Table: IBM A/NZ Holdings Pty Limited - financial performance
  • Table: Equinix Australia Pty Limited - financial performance
  • Table: Global Switch Australia Holdings Pty Limited - financial performance
  • Table: MGH Holdco Pty Ltd - financial performance

  • Operating Conditions
    Capital Intensity
  • Chart: Level of Capital Intensity for the Data Storage Services Industry
  • Chart: Tools of the Trade: Growth Strategies for Success

  • Technology & Systems
    Revenue Volatility
  • Chart: Volatility vs Industry Growth

  • Regulation & Policy
    Industry Assistance
    Key Statistics
    Table: Industry Data for the Data Storage Services Industry
  • Industry Revenue (2008-2022)
  • Industry Gross Product (2008-2022)
  • Establishments (2008-2022)
  • Businesses (2008-2022)
  • Employment (2008-2022)
  • Wages (2008-2022)

  • Table: Annual Percentage Change for Key Industry Data
    Table: Key Ratios for Industry Key Data
    Jargon & Glossary
  • Outsourced data centre in which a business can rent server space and space for other computing hardware.
  • Data Centre Rack
  • A steel structure that is used to house servers and other computing equipment.
  • Latency
  • The time delay between accessing data online and the data arriving at the end user's location.
  • Rack Density
  • The number of servers that are housed in a single rack.
  • Why buy this report?

    IBISWorld industry market research reports enable you to:
    • Find out about key industry trends
    • Identify threats and opportunities
    • Inform your decisions for marketing, strategy and planning
    • Quickly build competitive intelligence
    This report on Data Storage Services:
    • Provides Market Size information to assist with planning and strategic decisions.
    • Includes the necessary information to perform SWOT, PEST and STEER analysis.
    • Helps you understand market dynamics to give you a deeper understanding of industry competition and the supply chain.
    • Analyses key performance and operational metrics so that you can benchmark against your own business, that of your customers’ businesses, or your competitors’ businesses.
    The Data Storage Services market research report includes:
    • Historical data and analysis for the key drivers of this industry
    • A five-year forecast of the market and noted trends
    • Detailed research and segmentation for the main products and markets
    • An assessment of the competitive landscape and market shares for major companies
    • And of course, much more

    IBISWorld reports on thousands of industries around the world. Our clients rely on our information and data to stay up-to-date on industry trends across all industries. With this IBISWorld Industry Research Report on Data Storage Services, you can expect thoroughly researched, reliable and current information that will help you to make faster, better business decisions.

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