Australia Data Centre Market Size & Share Report and Forecast 2024-2032

According to the report by Expert Market Research (EMR), The Australia data centre market size was nearly USD 6.37 billion in 2023. Aided by the rapid digital transformation of various sectors and the increasing focus on advancements in artificial intelligence, the market is estimated to grow at a CAGR of 6.3% during 2024-2032 to reach around USD 11.18 billion by 2032.

A data centre is a physical facility that organisations use to house their critical applications and data. The design of a data centre is focused on maintaining the integrity and functionality of its hosted computer environment. This includes a variety of components such as servers, storage hardware, networking devices, and security systems.

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Australian businesses and government bodies are aggressively pursuing digital transformation strategies to establish a stronger base and compete in the global data centre market. This transformation involves the integration of digital technology into all areas of business and governance, leading to fundamental changes in how organisations operate and deliver value to customers. For example, the adoption of smart city technologies by local governments requires robust data centre infrastructure to manage and analyse large amounts of data in real time, improving city management and public services.

Moreover, sectors such as retail and finance are utilising big data analytics and artificial intelligence to enhance customer interaction and back-end operations, boosting the expansion of the Australia data centre market. The ongoing investments in these technologies are not merely a trend but a necessity to foster innovation, improve service delivery, and enhance operational efficiencies, thereby intensifying the demand for advanced data centre capacities.

The transition from traditional on-premise IT architectures to cloud environments continues to accelerate, driven by the flexibility, scalability, and cost-efficiency of cloud services. Australian companies are increasingly adopting Infrastructure as a Service (IaaS), Platform as a Service (PaaS), and Software as a Service (SaaS) models, which require reliable and scalable data centre ecosystems to ensure smooth operation and data accessibility.

This shift is further supported by major global cloud service providers expanding their presence in Australia, establishing local zones and regions to reduce latency and comply with data sovereignty requirements. These developments highlight the critical role of data centres as the backbone of cloud services, facilitating seamless connectivity and continuous availability.

Australia's commitment to strengthening data protection through regulations such as the Notifiable Data Breaches (NDB) scheme and the Privacy Act, which mandate stringent data security and privacy standards, significantly augments the Australia data centre market expansion. The emphasis on data sovereignty, keeping data within national borders, is particularly relevant in sectors like healthcare and public services, where data sensitivity is paramount.

The regulatory push for data localisation has prompted organisations to reassess their data storage and processing strategies, often leading to increased investments in local data centres. This regulatory landscape not only ensures better control and security of data but also fosters the Australia data centre market growth as businesses seek compliant, secure, and resilient data storage solutions.

The proliferation of IoT devices across industries, from manufacturing to agriculture, is generating vast amounts of data that need to be processed and analysed in real-time. This IoT expansion necessitates substantial backend support from data centres, particularly in managing the data flow from these devices and providing the necessary computing power for analytics.

Simultaneously, increasing utilisation of AI and machine learning applications has significantly enhanced the Australia data centre market growth. These technologies are becoming integral to processing large portions of data, offering insights that drive efficiency and innovation. For instance, predictive maintenance in manufacturing can be enhanced through AI algorithms that analyse data collected from IoT sensors, predicting equipment failures before they occur and scheduling timely maintenance.

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These technologies are deeply interwoven with the capabilities of modern data centres, which provide the processing power and storage necessary to support the high demands of IoT and AI. As such, the growth in these areas not only increases the demand for data centres but also pushes the envelope on the technological capabilities required, leading to advancements in data centre infrastructure and services.

Australia Data Centre Market Segmentation

The Australia data centre market can be divided based on component, enterprise size, type, and end use.

Market Breakup by Component

Solution
Service

Market Breakup by Enterprise Size

Large Enterprises
Small and Medium Enterprises

Market Breakup by Type

Colocation
Hyperscale
Edge
Others

Market Breakup by End Use

BFSI
IT and Telecommunication
E-Commerce
Media and Entertainment
Government
Energy and Utilities
Others

Competitive Landscape

The EMR report looks into the market shares, plant turnarounds, capacities, investments, and mergers and acquisitions, among other major developments, of the leading companies operating in the Australia data centre market. Some of the major players explored in the report by Expert Market Research are as follows:

AirTrunk Operating Pty Ltd
Nextdc Ltd.
CDC Data Centres Pty Ltd.
Fujitsu Ltd.
Equinix Inc.
Global Switch Holdings Limited
Digital Realty Trust Inc.
Leaseweb Global B.V.
Telstra Corporation Limited
Macquarie Technology Group Limited
Others

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