Digital economy
Victoria is home to one of the nation’s leading digital economies.
What is the digital economy?
The digital economy is the global network of economic and social activities. It's enabled by platforms such as the internet, mobile and sensor networks.
It's built on 3 components:
- digital infrastructure
- digital capability
- digital innovation.
What drives Victoria's digital vision?
The Victorian Government Digital Strategy 2021-2025 underpins Victoria's digital vision.
Key outcomes are:
- better, fairer and more accessible services
- a digital-ready public sector
- a thriving digital economy.
In delivering on these outcomes, we improve the experience individuals, communities and businesses have with government.
Digital technology sector
Victoria has one of Australia’s leading digital technology sectors. This is due to the number of businesses, size of the workforce and revenue generated. The sector also plays an important role in enabling Victoria’s digital economy, and economic and productivity performance across other industries.
Factsheets
These factsheets:
- provide key statistics, insights and economic modelling
- understand trends and emerging issues
- guide policy and program development work
- view what is contributing to the digital economy.
2024
- 2024 Factsheet Victorian Digital Technology Sector Factsheet 2024 (PDF 305.62 KB)
- 2024 Factsheet - accessible version Victorian Digital Technology Sector Factsheet 2024 - accessible version (DOCX 46.31 KB)
2023
- 2023 Factsheet Victorian-Digital-Technology-Sector-Factsheet-2023-updated (PDF 618.68 KB)
- 2023 Factsheet - accessible version Victorian-Digital-Technology-Sector-Factsheet-2023-Accessible-Version updated (DOCX 1781.87 KB)
2022
- 2022 Factsheet Victorian Digital Technology Sector Factsheet 2022 (PDF 323.75 KB)
- 2022 Factsheet - accessible version Accessible Victorian Digital Technology Sector Factsheet 2022 (DOCX 52.28 KB)
2019
- 2019 Factsheet Victorian ICT Industry Fact Sheet 2019 (PDF 301.89 KB)
- 2019 Factsheet - accessible version Accessible Victorian Digital Technology Sector Factsheet 2019 (DOCX 64.9 KB)
2018
- 2018 Factsheet Victorian Digital Technology Sector Factsheet 2018 (PDF 259.23 KB)
- 2018 Factsheet - accessible version Accessible Victorian Digital Technology Sector Factsheet 2018 (DOC 137 KB)
Initiatives and investments
| Name and link | Description |
|---|---|
| Breakthrough Victoria | Provides long-term capital to innovation businesses with potential to improve people’s lives and benefit the Victorian economy. |
| Cremorne Digital Hub | A flagship digital hub in Cremorne to anchor the ongoing development of a global innovation and technology precinct at Cremorne |
| Builds the digital workforce by upskilling mid-career Victorians to transition into digital careers. | |
| Free TAFE | Enables eligible students to apply for fully subsidised TAFE courses. This includes the Certificate IV in Cyber security and Certificate III in Information Technology. |
| LaunchVic | Supports founders and startups to develop critical skills, access mentorship opportunities and expand their network. |
| Skills Solutions Partnerships | Brings industry, TAFEs and dual sector universities together to develop new training solutions in priority areas where there are skills gaps, including digital. |
| Summer of Cyber (SoC) Program | Provides women and gender diverse tertiary students and recent graduates with cyber ready skills, invaluable on the job experience and uplifting the cyber capability for Victorian small to medium enterprises. |
| Women in Security Program | Provides women with pathways to transition into cyber jobs and cyber leadership roles. |
Page last updated: 13 June 2025