The number of employees in the Computer Programming, Consultancy Services Sector in Canada stood at 463.43 thousand in 2023. From 2013 to 2023, the sector experienced robust growth with compound annual growth rates (CAGR) varying over different periods, reaching 11.31% over the last five years. Notably, significant year-on-year increases were observed in 2021 and 2022 at 20.05% and 15.04%, respectively, indicating a recent acceleration in employment growth. The forecast from 2024 to 2028 suggests continued strong expansion, with a projected 7.15% CAGR and an overall growth rate of 41.24% by 2028.
Future trends to watch for:
- The impact of emerging technologies and AI integration on job roles and employment numbers.
- The influence of global market demands on local employment in this sector.
- Shifts in skill requirements and educational focus as the industry evolves.