WiseTech Global Limited was the leading software and IT services company listed on the Australian Securities Exchange (ASX) in Australia as of November 2022, with a market cap of around 17 billion Australian dollars. Headquartered in Alexandria, Australia, WiseTech Global is a developer of cloud-based software solutions for the international logistics software industry.
Also high in the ranks on the ASX is Xero Limited. The New Zealand-founded company provides a cloud-based accounting software platform for small and medium-sized enterprises. Its success on the ASX can be supported by the fact that most Australian businesses that use paid cloud computing services use them for finance or accounting purposes. The cloud market in Australia is forecast to continue growing, particularly the software as a service (SaaS) segment.
Leading software and IT services companies listed on the Australian Securities Exchange (ASX) in Australia as of November 2022
(in billion Australian dollars)
Characteristic
Market cap in billion Australian dollars
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Listcorp. (November 8, 2022). Leading software and IT services companies listed on the Australian Securities Exchange (ASX) in Australia as of November 2022 (in billion Australian dollars) [Graph]. In Statista. Retrieved July 05, 2024, from https://www.statista.com/statistics/1181211/australia-top-software-companies-on-the-asx-by-market-cap/
Listcorp. "Leading software and IT services companies listed on the Australian Securities Exchange (ASX) in Australia as of November 2022 (in billion Australian dollars)." Chart. November 8, 2022. Statista. Accessed July 05, 2024. https://www.statista.com/statistics/1181211/australia-top-software-companies-on-the-asx-by-market-cap/
Listcorp. (2022). Leading software and IT services companies listed on the Australian Securities Exchange (ASX) in Australia as of November 2022 (in billion Australian dollars). Statista. Statista Inc.. Accessed: July 05, 2024. https://www.statista.com/statistics/1181211/australia-top-software-companies-on-the-asx-by-market-cap/
Listcorp. "Leading Software and It Services Companies Listed on The Australian Securities Exchange (Asx) in Australia as of November 2022 (in Billion Australian Dollars)." Statista, Statista Inc., 8 Nov 2022, https://www.statista.com/statistics/1181211/australia-top-software-companies-on-the-asx-by-market-cap/
Listcorp, Leading software and IT services companies listed on the Australian Securities Exchange (ASX) in Australia as of November 2022 (in billion Australian dollars) Statista, https://www.statista.com/statistics/1181211/australia-top-software-companies-on-the-asx-by-market-cap/ (last visited July 05, 2024)
Leading software and IT services companies listed on the Australian Securities Exchange (ASX) in Australia as of November 2022 (in billion Australian dollars) [Graph], Listcorp, November 8, 2022. [Online]. Available: https://www.statista.com/statistics/1181211/australia-top-software-companies-on-the-asx-by-market-cap/