Australia Supply Chain Security Market Size & Outlook
Australia supply chain security market, 2018-2030 (US$M)
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Australia supply chain security market highlights
- The Australia supply chain security market generated a revenue of USD 53.2 million in 2023 and is expected to reach USD 150.1 million by 2030.
- The Australia market is expected to grow at a CAGR of 16% from 2024 to 2030.
- In terms of segment, hardware was the largest revenue generating component in 2023.
- Services is the most lucrative component segment registering the fastest growth during the forecast period.
Supply chain security market data book summary
| Market revenue in 2023 | USD 53.2 million |
| Market revenue in 2030 | USD 150.1 million |
| Growth rate | 16% (CAGR from 2023 to 2030) |
| Largest segment | Hardware |
| Fastest growing segment | Services |
| Historical data | 2018 - 2022 |
| Base year | 2023 |
| Forecast period | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Hardware, Software, Services |
| Key market players worldwide | Emerson Electric Co, International Business Machines Corp, NXP Semiconductors NV, Oracle Corp, ORBCOMM, Carrier Global Corp Ordinary Shares, Altana AI, Dickson, ELPRO Global, Hanwell Solutions, Monnit, Rotronic, SafeTraces, TagBox, Testo |
Other key industry trends
- In terms of revenue, Australia accounted for 2.3% of the global supply chain security market in 2023.
- Country-wise, U.S. is expected to lead the global market in terms of revenue in 2030.
- In Asia Pacific, China supply chain security market is projected to lead the regional market in terms of revenue in 2030.
- Australia is the fastest growing regional market in Asia Pacific and is projected to reach USD 150.1 million by 2030.
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Supply Chain Security Market Scope
Supply Chain Security Market Companies
| Name | Profile | # Employees | HQ | Website |
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Australia supply chain security 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 supply chain security market will help companies and investors design strategic landscapes.
Hardware was the largest segment with a revenue share of 52.44% in 2023. Horizon Databook has segmented the Australia supply chain security market based on hardware, software, services covering the revenue growth of each sub-segment from 2018 to 2030.
According to a report published in 2021 by Cisco and Boston Consulting Group (BCG), the overall cloud spending in Asia Pacific is expected to reach USD 200 billion by 2024. The adoption of cloud security solutions is expected to increase in line with the growing preference for cloud computing.
The significant cost savings associated with the use of cloud-based platforms are prompting commercial establishments as well as government agencies to migrate to cloud storage and opt for cloud-based platforms, which is subsequently expected to drive the demand for cloud-based data supply chain security solutions in the country over the forecast period.
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Our clientele includes a mix of supply chain security market companies, investment firms, advisory firms & academic institutions.
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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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Horizon Databook provides a detailed overview of country-level data and insights on the Australia supply chain security market , including forecasts for subscribers. This country databook contains high-level insights into Australia supply chain security market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Australia supply chain security market size, by component, 2018-2030 (US$M)
Australia Supply Chain Security Market Outlook Share, 2023 & 2030 (US$M)
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