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The IT market growth in Australia is forecast to accelerate in 2025, with the short-term outlook boosted by the arrival of Nvidia's new generation of Blackwell solutions that will be a trigger for AI investment and innovation. The medium-term outlook is strong and IT market growth is forecast to outpace GDP in each year of the forecast to 2028. The creation of new AI-powered software and services products will broaden and deepen the reach of digital processes into economic activity over the medium term, while AI automation of software project workflows could lower costs and accelerate integration processes. This has the potential to accelerate digital transformation in the Australian economy and boost economic productivity across a range of industries. Global economic risks are a source of downside but strategic IT investment should prove relatively resilient to most downside scenarios.