In 2020, the economic contribution of the tech sector in Australia totaled 167 billion Australian dollars. The largest portion of this came from businesses in other sectors adopting technology. The size of the tech sector was forecast to increase to 250 billion Australian dollars by 2030.
Economic contribution of the tech sector in Australia in 2020 with a forecast for 2030, by business type
(in billion Australian dollars)
Characteristic
Tech adopting businesses in other sectors
Large tech firms
Established tech businesses
Tech startups
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Tech startups are defined as businesses with annual turnover <$2m, large tech firms are defined as businesses with >200 employees, and remaining direct tech businesses are classified as established tech businesses.
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Technology Council of Australia. (August 30, 2022). Economic contribution of the tech sector in Australia in 2020 with a forecast for 2030, by business type (in billion Australian dollars) [Graph]. In Statista. Retrieved July 22, 2024, from https://www.statista.com/statistics/1331978/australia-tech-sector-size-by-business-type/
Technology Council of Australia. "Economic contribution of the tech sector in Australia in 2020 with a forecast for 2030, by business type (in billion Australian dollars)." Chart. August 30, 2022. Statista. Accessed July 22, 2024. https://www.statista.com/statistics/1331978/australia-tech-sector-size-by-business-type/
Technology Council of Australia. (2022). Economic contribution of the tech sector in Australia in 2020 with a forecast for 2030, by business type (in billion Australian dollars). Statista. Statista Inc.. Accessed: July 22, 2024. https://www.statista.com/statistics/1331978/australia-tech-sector-size-by-business-type/
Technology Council of Australia. "Economic Contribution of The Tech Sector in Australia in 2020 with a Forecast for 2030, by Business Type (in Billion Australian Dollars)." Statista, Statista Inc., 30 Aug 2022, https://www.statista.com/statistics/1331978/australia-tech-sector-size-by-business-type/
Technology Council of Australia, Economic contribution of the tech sector in Australia in 2020 with a forecast for 2030, by business type (in billion Australian dollars) Statista, https://www.statista.com/statistics/1331978/australia-tech-sector-size-by-business-type/ (last visited July 22, 2024)
Economic contribution of the tech sector in Australia in 2020 with a forecast for 2030, by business type (in billion Australian dollars) [Graph], Technology Council of Australia, August 30, 2022. [Online]. Available: https://www.statista.com/statistics/1331978/australia-tech-sector-size-by-business-type/
