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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 | Feb 2014

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
$43bn
Annual Growth 09-14
3.3%
Annual Growth 14-19
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Profit
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Employment
224,791
Businesses
57,131
Industry Analysis & Industry Trends

At the height of the recession, slowed business activity and an increase in bankruptcies led to a revenue decline in 2009, 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 IT... 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 of IT systems. 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 who 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
Computer systems design, development and integration Computer application design, development and integration IT technical support services Network management services Other 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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