The self-employed sector in computer programming and consultancy services in Canada experienced fluctuating growth over the past decade. The number of self-employed individuals stood at 34,150 units in 2023, reflecting a slight decline of 2.35% from the previous year. Notably, this sector demonstrated significant volatility, with a sharp 11.02% dip in 2020 followed by a robust 16.9% growth in 2021. The long-term trend shows an overall average annual growth (CAGR) of 0.49% from 2018 to 2023, suggesting moderate industry expansion.
Future forecasts indicate a steady growth trajectory, with an expected 0.51% annual growth rate over the next five years, reaching 35,260 units by 2028. Key trends to monitor include technological advancements driving demand for specialized programming skills, the impact of remote work, and macroeconomic factors influencing self-employment in consultancy services.
