The output of computer programming and consultancy services in Canada has shown consistent growth from 2013 to 2023. In 2023, the industry stood at 81.97 Billion Canadian Dollars, highlighting a robust expansion over the years. The most recent data reveals a year-on-year growth rate of 5.6% from 2022 to 2023, reflecting a slight deceleration compared to previous periods. Over the last five years, from 2018 to 2023, the compound annual growth rate (CAGR) was 6.97%, showcasing a steady upward trend in the industry.

Future trends to watch for include:

Accelerated digital transformation in various sectors, creating increased demand for consultancy services.
The impact of emerging technologies such as artificial intelligence and blockchain on service offerings.
Potential economic factors and market saturation leading to a moderate forecasted CAGR of 3.62% from 2024 to 2028.