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TECH SUPPLIER Sep 2019 - Market Forecast - Doc # CA43803519

Canadian ICT Forecast, 2019–2023

By: Jason BremnerResearch Vice President, Industry and Business Solutions

Abstract

This IDC study outlines IDC Canada's forecast for the Canadian information, communications, and technology (ICT) market for the 2019–2023 forecast period. It updates our previous forecast published in Canadian ICT Forecast, 2018–2022 (IDC #CA42529318, December 2018).

"The Canadian ICT market grew 2.9% in 2018 — much faster than originally expected — as it goes through a transition to the 3rd Platform. Canadian ICT spending surpassed C$105 billion last year. By 2023, the end of our current forecast period, ICT spending will reach almost C$117 billion. This will be dominated by 3rd Platform's pillar and innovation accelerator technologies, making the Canadian market look very different than it does today with vendors pursuing expanded market opportunity in adjacent segments," says Jason Bremner, research vice president, Industry and Business Solutions.


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