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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 offers insightful industry analysis and research into the market at the national level. IBISWorld’s in-depth industry market research is presented in a logical and consistent format. The industry report contains key industry statistics, market size, industry trends, and growth and profit forecasts for a 5-year outlook period.

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 - Starting a New Business Chapter

The industry exhibits high barriers to entry, given the requirements in capital investment, appropriate site selection, recruiting expert staff, and the difficulty in obtaining large contracts. Constructing a new data centre can cost anywhere from $50 million to $200 million, and the substantial economies of scale in the industry favour larger operations. Entering the industry therefore requires a significant capital outlay, which is unlikely to come from a few individual investors. New businesses must raise a mix of equity and debt capital. Obtaining the right location is also vital, as data centres need to have reliable power supply, security and the ability to expand in the future... 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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