The ICT Gross Value Added in Canada for the year 2023 stood at 85.98 billion USD. Forecast data from 2024 to 2028 indicates a consistent annual growth. Year-on-year variations demonstrate a steady increase, with approximately 1.86% from 2024 to 2025, 1.80% from 2025 to 2026, 1.73% from 2026 to 2027, and 1.68% from 2027 to 2028. These incremental changes contribute to a five-year compound annual growth rate (CAGR) of approximately 1.79%.

Future trends in Canada's ICT sector to watch for include:

Continued investment in digital transformation and infrastructure.
Growth in sectors like artificial intelligence and cloud computing.
Potential impacts of technological-policy changes and international trade dynamics.