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Australian enterprises shift from traditional IT to flexible on-demand models, driving a $6.2bn public cloud market by 2021.
Shayum Rahim · Venture InsightsPeriod: November 20168 min read
Last updated
CAGR of Australian public cloud market (2016-2021)
Forecasted Australian public cloud market value (2021)
This report analyses the rapid transition of Australian organisations from traditional on-premises IT infrastructure to cloud-based models. It forecasts the Australian public cloud market to grow at a CAGR of 26%, reaching $6.2bn by 2021. The analysis explores the drivers and inhibitors of IaaS, PaaS, and SaaS adoption, highlighting how digital disruption and the need for operational efficiency are forcing a shift toward hybrid cloud environments and 'best of breed' software solutions.
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