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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

The IT Consulting market research report provides key industry analysis and industry statistics, measures market size, analyzes current and future industry trends and shows market share for the industry’s largest companies. IBISWorld publishes the largest collection of industry reports so you can see an industry’s supply chain, economic drivers and key buyers and markets.

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 - Industry SWOT Analysis Chapter

The IT Consulting industry is in the growth stage of its economic life cycle. The industry is characterized by growth faster than that of the overall economy, a growing number of businesses, rapid technological change and increasingly rapid consumer acceptance of services. Over the past five years, the industry has grown despite difficult business conditions presented by the recession. Plunging corporate profitability in 2009 caused revenue to contract in 2010; however, continued product innovation and recovering private investment in computers and software resulted in overall industry revenue growth.

Industry value added (IVA), used to measure an industry's contribution to the overall economy, is projected to grow at an average annual rate of 4.3% over the 10 years through 2019... 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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