Australia Healthcare Cloud Infrastructure Market Size & Outlook
Australia healthcare cloud infrastructure market, 2018-2030 (US$M)
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Australia healthcare cloud infrastructure market highlights
- The Australia healthcare cloud infrastructure market generated a revenue of USD 1,625.8 million in 2022 and is expected to reach USD 5,430.7 million by 2030.
- The Australia market is expected to grow at a CAGR of 16.3% from 2023 to 2030.
- In terms of segment, service was the largest revenue generating component in 2022.
- Hardware is the most lucrative component segment registering the fastest growth during the forecast period.
Healthcare cloud infrastructure market data book summary
| Market revenue in 2022 | USD 1,625.8 million |
| Market revenue in 2030 | USD 5,430.7 million |
| Growth rate | 16.3% (CAGR from 2022 to 2030) |
| Largest segment | Service |
| Fastest growing segment | Hardware |
| Historical data | 2018 - 2021 |
| Base year | 2022 |
| Forecast period | 2023 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Hardware, Service |
| Key market players worldwide | Dell Technologies Inc Ordinary Shares - Class C, Hewlett Packard Enterprise Co, Microsoft Corp, Oracle Corp, International Business Machines Corp, Salesforce Inc, Amazon.com Inc |
Other key industry trends
- In terms of revenue, Australia accounted for 2.9% of the global healthcare cloud infrastructure market in 2022.
- Country-wise, U.S. is expected to lead the global market in terms of revenue in 2030.
- In Asia Pacific, China healthcare cloud infrastructure market is projected to lead the regional market in terms of revenue in 2030.
- India is the fastest growing regional market in Asia Pacific and is projected to reach USD 12,328.6 million by 2030.
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Healthcare Cloud Infrastructure Market Scope
Healthcare Cloud Infrastructure Market Companies
| Name | Profile | # Employees | HQ | Website |
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Australia healthcare cloud infrastructure market outlook
The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to healthcare cloud infrastructure market will help companies and investors design strategic landscapes.
Service was the largest segment with a revenue share of 76.78% in 2022. Horizon Databook has segmented the Australia healthcare cloud infrastructure market based on hardware, service covering the revenue growth of each sub-segment from 2018 to 2030.
Australia is rapidly adopting cloud technology to advance its healthcare systems and improve efficiency & productivity. The Australian government is increasingly considering cloud technology as a useful tool to bring down overall costs, scale-up systems, and improve access to resources.
Various funding and other initiatives being undertaken by the government are anticipated to boost market growth over the forecast period. For instance, the Australian government set up a research fund, the Medical Research Future Fund, which provided funding of USD 19.8 million to a government digital health initiative ANDHealth.
Moreover, the ongoing developments and product launches to strengthen the healthcare system are further impelling market growth. For instance, in March 2020, the Australian Government's Department of Health launched Coronavirus Australia App.
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Target buyers of Australia healthcare cloud infrastructure market databook
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Our clientele includes a mix of healthcare cloud infrastructure market companies, investment firms, advisory firms & academic institutions.
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30% of our revenue is generated working with investment firms and helping them identify viable opportunity areas.
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Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
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The rest of the revenue is generated working with academic and research not-for-profit institutes. We do our bit of pro-bono by working with these institutions at subsidized rates.
Horizon Databook provides a detailed overview of country-level data and insights on the Australia healthcare cloud infrastructure market , including forecasts for subscribers. This country databook contains high-level insights into Australia healthcare cloud infrastructure market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Australia healthcare cloud infrastructure market size, by component, 2018-2030 (US$M)
Australia Healthcare Cloud Infrastructure Market Outlook Share, 2022 & 2030 (US$M)
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