Forecast: Value Added of Computer Programming, Consultancy Services in Australia

The value added of computer programming and consultancy services in Australia stood at 44.44 billion AUD in 2023, demonstrating robust growth over the past decade. Year-on-year variation from 2022 to 2023 was 5.19%, while the CAGR over the past five years was 6.35%. Forward-looking data suggests this market will continue to expand, albeit at a slower pace, with an average annual growth rate (CAGR) of 3.4% over the next five years, reaching 55.08 billion AUD by 2028.

Future trends to watch for:

• Increased demand for digital transformation services across industries.
• Growth in artificial intelligence and machine learning consultancy services.
• Enhanced focus on cybersecurity and compliance services amidst rising cyber threats.
• The potential impact of evolving remote and hybrid work models on consultancy service offerings.