Australia Virtual Networking Market Size & Outlook
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Australia virtual networking market highlights
- The Australia virtual networking market generated a revenue of USD 2,192.3 million in 2024 and is expected to reach USD 9,388.1 million by 2030.
- The Australia market is expected to grow at a CAGR of 27.9% from 2025 to 2030.
- In terms of segment, software was the largest revenue generating component in 2024.
- Services is the most lucrative component segment registering the fastest growth during the forecast period.
Virtual networking market data book summary
| Market revenue in 2024 | USD 2,192.3 million |
| Market revenue in 2030 | USD 9,388.1 million |
| Growth rate | 27.9% (CAGR from 2025 to 2030) |
| Largest segment | Software |
| Fastest growing segment | Services |
| Historical data | 2018 - 2023 |
| Base year | 2024 |
| Forecast period | 2025 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Hardware, Software, Services |
Other key industry trends
- In terms of revenue, Australia accounted for 4.5% of the global virtual networking market in 2024.
- Country-wise, U.S. is expected to lead the global market in terms of revenue in 2030.
- In Asia Pacific, China virtual networking 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 6,846.0 million by 2030.
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Virtual Networking Market Scope
Virtual Networking Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|---|---|---|---|
| Verizon Communications Inc. | View profile | - | - | - |
| Huawei Technologies Co., Ltd. | View profile | - | - | - |
| IBM Corporation | View profile | - | - | - |
| Microsoft Corporation | View profile | - | - | - |
| Hewlett Packard Enterprise Development LP | View profile | - | - | - |
| Oracle | View profile | - | - | - |
| Cisco Systems, Inc. | View profile | - | - | - |
| Citrix Systems Italia S.r.L. | View profile | 5001-10000 | Milan, Lombardia, Italy, Europe | https://www.citrix.it |
| Juniper Networks Inc | View profile | 3374 | 1133 Innovation Way, Sunnyvale, CA, United States, 94089 | https://www.juniper.net |
| VMware | View profile | 10001+ | Palo Alto, California, United States, North America | https://www.vmware.com |
Australia virtual networking 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 virtual networking market will help companies and investors design strategic landscapes.
Software was the largest segment with a revenue share of 53.01% in 2024. Horizon Databook has segmented the Australia virtual networking market based on hardware, software, services covering the revenue growth of each sub-segment from 2018 to 2030.
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Our clientele includes a mix of virtual networking 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 virtual networking market , including forecasts for subscribers. This country databook contains high-level insights into Australia virtual networking market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Australia Component - Virtual Networking Market size, 2024 - 2030 (US$M)
Australia Virtual Networking Market Outlook Share, 2024 & 2030 (US$M)
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