Forecast: Employment in Computer Programming, Consultancy Services Sector in Canada

The employment in the Computer Programming and Consultancy Services sector in Canada has shown significant growth from 2013 to 2023, increasing from approximately 443 million hours to 907 million hours. This period, particularly the last five years, witnessed a robust CAGR of 9.77% from 2018 to 2023. The years 2021 and 2022 experienced notable year-on-year jumps of 19.49% and 12.96%, respectively, highlighting a surge in employment demand post-pandemic.

Forecasts from 2024 predict continued growth, reaching around 1360 million hours by 2028 with a 5-year CAGR of 6.37%. This signifies a growth rate of 36.19% over the forecasted period. Although slightly lower than the past five years, this trend indicates a strong and sustained demand for skilled professionals in the sector.

Future trends to watch for include the impact of emerging technologies such as AI and machine learning, cybersecurity demands, and the ongoing digital transformation of businesses. As these developments progress, they are expected to drive further employment growth and sector evolution.