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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 | May 2015

Good advice: The rising importance of cloud computing and increased private investment will bolster revenue

IBISWorld’s IT Consulting market research report provides the latest industry statistics and industry trends, allowing you to identify the products and customers driving revenue growth and profitability. The industry report identifies the leading companies and offers strategic industry analysis of the key factors influencing the market.

Report Snapshot
Market Share of Companies
Industry Statistics & Market Size
Revenue
$42bn
Annual Growth 10-15
3.3%
Annual Growth 15-20
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Profit
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Employment
187,408
Businesses
70,064
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 - Starting a New Business Chapter

The IT Consulting industry faces a low level of regulation and minimal start-up costs, allowing for relative ease of entry for new firms. Due to the labour-intensive nature of the industry, establishing a firm requires only that the business owner possess knowledge and experience in the field and a functioning IT system. For industry entrants hoping to establish a sole proprietorship, the primary barriers to entry are educational experience in a relevant computer science discipline and the ability to attract clients. Although developing a network of clients that can provide a regular flow of work can be a significant challenge, this is a challenge many in the industry have taken on, with the majority of establishments classified as small, nonemployer firms... 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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