Forecast: Number of Persons Employed in Software Publishing in Australia

The employment in software publishing in Australia has seen fluctuations over the past years. From 2013 to 2023, the number of persons employed varied significantly, with values as low as 550 in 2013 and reaching 1760 in 2023. The year-on-year variation percentage shows a decrease of 23.17% in 2013, a peak increase of 162.34% in 2014, and a more stable range in the subsequent years, with the highest fluctuations primarily noted early in the period. Over the last five years (2018-2023), the employment showed a steady growth, peaking at 3.65% in 2023.

From 2024 onward, the forecast indicates a continued steady increase in employment numbers, with a projected 5-year CAGR of 2.43% and an overall growth rate of 12.78% by 2028. This suggests a stable upward trend, reflecting a mature market experiencing consistent growth.

Future trends to watch for:

• Impact of emerging technologies such as AI and machine learning on employment.
• Potential shifts due to evolving remote work dynamics.
• Influence of government policies on the tech industry.
• Demand fluctuations driven by global economic conditions and market needs.