Forecast: ICT Value Added in Canada

The ICT Value Added in Canada's industry and services sector forecasts a steady upward trajectory from 2024 to 2028, starting at 4.88% and gradually increasing to 4.97%. The incremental year-on-year growth reflects a stable enhancement in ICT contributions, signifying ongoing digital integration and economic dependency on technology. Notably, the compound annual growth rate (CAGR) for this period indicates a modest yet consistent rise.

Key future trends to monitor include:

  • Technological advancements enhancing productivity
  • Shifts in global digital policy impacting growth
  • Emergence of new technologies like AI and IoT expanding ICT capacities

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