Software Publishing in Australia
Industry Report
Software Publishing in Australia
The Software Publishing industry in Australia is expected to grow +9.4% in the years 2020-2025. Primary activities of Software Publishers: funding software development, developing computer software for mass production, distributing computer software and software marketing.
Note: this industry report only contains players that develop software locally in Australia
OVERVIEW
With tech constantly evolving, the industry is expected to continue to grow. The demand for industry services is forecast to surge post the recovery of COVID-19 as businesses are likely to expand their remote working capabilities.
Businesses are anticipated to expand their current software solutions in-line with the growing reliance on cloud computing and other tech advances, placing increased pressure on businesses to upgrade their software to maintain efficient business operations.
Larger players' profit margins are likely to grow, as they build economies of scale and leverage their reputations to charge higher prices. Employment is forecast to increase as publishers require more staff to meet demands for developing and maintaining current and new applications. However, the number of businesses in the industry is anticipated to decline as rising regulations raise the industry's barriers to entry.
