The number of employees in ICT services in Canada is expected to show a steady increase from 67.14 thousand in 2024 to 72.9 thousand in 2028. Comparing with the actual number of employees in 2023, we observe a consistent upward trend. The year-on-year variation is positive, indicating a robust growth environment for the ICT sector.
- 2023 to 2024: This year marks the initial forecast with an increment evident
- 2024 to 2025: The number of employees will increase by approximately 2.2%
- 2025 to 2026: Continues growing by around 2.1%
- 2026 to 2027: The growth rate is expected to be roughly 2.0%
- 2027 to 2028: The anticipated growth is about 1.9%
The compound annual growth rate (CAGR) across the forecast period from 2024 to 2028 stands at approximately 2.0%, signifying a healthy expansion of the ICT workforce over these years.
Future trends to watch for include advancements in emerging technologies such as AI, cybersecurity, and digital transformation initiatives across various sectors, which are likely to further drive demand for skilled ICT professionals. Additionally, policies facilitating remote and flexible work arrangements could also impact employment numbers and trends in this sector.
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