Forecast: ICT Gross Value Added in Canada

The ICT sector in Canada is forecasted to show a steady growth in Gross Value Added from 2024 to 2028, starting at a 5.98% increase in 2024 and reaching 6.56% by 2028. This suggests a gradual year-on-year growth based on the current forecast figures, highlighting a moderately optimistic outlook for the ICT sector's contribution to the economy. Although no explicit previous year (2023) baseline figure is provided here for comparison, the pattern of growth suggests a continued positive trajectory.

Future trends to watch for include technological advancements shaping the digital landscape, government policies affecting ICT investment, and increased demand for innovations in areas like AI, cloud computing, and cybersecurity, which could drive further sector expansion in Canada.

Top Countries about ICT