Canada's position as an IT market at the technological frontier is reflected in the lucrative nature of its market for vendors. However, as a result of maturity, growth prospects are diminished. We forecast IT spending in Canada will increase at a CAGR of 3.7% throughout 2016-2020, reaching a total market value of CAD73.2bn. There will be pockets of faster growth, for instance hybrid notebooks in the hardware segment. In the software and services segment, cloud computing, data analytics, cyber security and Internet of Things solutions will exhibit growth. Latest Updates & Industry Developments
- Hardware Sales: CAD21.5bn in 2016, forecast to reach CAD23.6bn in 2020. High value but low-growth segment, with pockets of faster growth such as hybrid notebooks, but also downside if PC replacement spending is cannibalised as smartphones become more powerful.
- Software Sales: CAD13.0bn in 2016, forecast to reach CAD15.2bn in 2020. Traditional applications face a potential squeeze from price erosion due to cloud delivered competition, but for the market as whole this drag should be offset by opportunities in data analytics and cyber security.
- IT Services Sales: CAD28.7bn in 2016, forecast to reach CAD34.4bn in 2020. Services outperformance expected as Canadian enterprises scale up use of cloud computing and Internet of Things.
Table Of Contents
Canada Information Technology Report Q4 2016 BMI Industry View 7 SWOT 9 Industry Forecast 11 Latest Updates 11 Structural Trends 11 Table: Enterprise Trends - GVA By Vertical (Canada 2015-2020) 15 Table: IT Industry - Historical Data And Forecasts (Canada 2013-2020) 16 Industry Risk Reward Index 17 Industry Risk Reward Ratings 17 Table: Americas IT Risk/Reward Index, Q4 2016 20 Market Overview 21 Hardware 21 Software 26 Cloud Computing 32 IT Services 35 Industry Trends And Developments 39 IT Hardware Trade 39 Table: North America IT Hardware Trade, 2010-2015 39 Table: Canada IT Hardware Trade, 2010-2015 40 Local Industry 41 Regulatory Development 46 Table: Regulatory Authorities 46 Competitive Landscape 48 Canada IT Companies 48 IT Vendors - Americas, 2015 53 Table: Computer Hardware 53 Table: Software 53 Table: Cloud 54 Table: IT Services 55 Retailers 56 Table: Selected Electronics Retailers 56 Table: Selected E-Commerce Retailers/Online Marketplaces 57 Regional Overview 58 Orange: Looking For Scale As It Makes Moves Outside Telecoms 58 Table: Dashboard 58 Strategy 60 Related Articles 61 Demographic Forecast 63 Demographic Outlook 63 Table: Population Headline Indicators (Canada 1990-2025) 64 Table: Key Population Ratios (Canada 1990-2025) 64 Table: Urban/Rural Population and Life Expectancy (Canada 1990-2025) 65 Table: Population By Age Group (Canada 1990-2025) 65 Table: Population By Age Group % (Canada 1990-2025) 66 Methodology 68 Industry Forecast Methodology 68 Sources 70 Risk/Reward Index Methodology 70 Table: IT Risk/Reward Index Indicators 71 Table: Weighting Of Components 72