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Other Business Services in Australia: ISIC 7499

Australia business services market was dominated by B2B purchases in 2010


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2014-04-02 06:48:02 - Other Business Services in Australia: ISIC 7499 - a new market research report on companiesandmarkets.com

The Australian market for other business services included a variety of supplementary activities ensuring smooth business performance, and grew at an average annual rate of more than 10% over the review period of 2000-2010.

This was mainly influenced by changing business models which prefer outsourcing of non-core activities. In 2010 the reviewed market reached a significant value of A$28 billion, A$26 billion of which was generated by business-to-business purchases.

The remaining demand was divided between governmental institutions, which took 6% of total sales in 2010, and households, which accounted for a marginal share of less than 1% of total sales at the end of the review period. The market saw growth despite the fact that Australia is considered a high-cost country.

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