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IT Consulting in Canada: Market Research Report

Market Research • Market Size • Industry Statistics • Industry Analysis • Industry Trends

IT Consulting in Canada Market Research Report | NAICS 54151CA | Jan 2015

Good advice: Rising business sentiment and corporate profit will drive industry growth

IBISWorld’s IT Consulting market research report can be used to help you: understand market size and growth potential; major companies; draft business plans and pitch books; and conduct benchmarking and SWOT analysis. Our industry analysis highlights macro industry trends in the overall sector and micro trends faced by companies that do business in the industry. The industry report also provides key industry statistics and 5-year forecasts to anticipate future industry prospects so you can decide with confidence.

Report Snapshot
Market Share of Companies
Industry Statistics & Market Size
Revenue
$44bn
Annual Growth 10-15
3.7%
Annual Growth 15-20
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Profit
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Employment
233,333
Businesses
58,331
Industry Analysis & Industry Trends

At the height of the recession, slowed business activity led to revenue declines for the IT Consulting industry, as the pool of potential clients was drastically reduced. As the global economy recovers, improving business sentiment and corporate profit will drive industry revenue growth. The increase in M&A activity in other industries over the next five years will help IT consultants; with more consolidations, companies will require assistance in integrating accounting, information storage and other systems related to information technology... purchase to read more

Industry Report - Industry Key Buyers Chapter

The IT Consulting industry has a low level of market share concentration. In 2015, IBM is the only company with significant market share and the four largest players account for only 10.0% of industry revenue, collectively. The industry is highly fragmented as many small players exist that service narrow geographic markets or niche industries. Firms that operating in the financial services sector tend to be the largest as it is the biggest market for the industry.

Over the past five years, the industry experienced a period of consolidation due to merger and acquisition activity among major players... purchase to read more

 


Industry ProductsRelated ReportsTable of Contents

What is the IT Consulting Industry?

This industry provides the following services to client companies: writing, testing and supporting custom software; planning and designing integrated hardware, software and communication infrastructure; and on-site management of computer systems and data processing facilities. This industry excludes packaged software publishers and off-site data processing and hosting services.

Industry Products
IT technical consulting servicesCustom application design and development servicesComputer systems design, development and integration servicesIT infrastructure and network management servicesIT technical support servicesOther services
 
Industry Activities
Providing information technology expertise for consumersWriting, modifying, testing and supporting softwarePlanning and designing systemsOn-site management and IT functions


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