Canada Information Technology Report Q2 2015 - New Market Study Published

The maturity of the Canadian IT market prohibits the high growth rates observed in emerging markets during the period of rapid 'catch-up' growth, but it nonetheless remains a highly lucrative market for vendors in per capita spending terms . Despite the fact that PC hardware prices have declined, Canada will continue to be one of the most lucrative markets globally in terms of spending per capita , with consumers exhibiting a strong preference for premium hardware . There are also areas of enterprise spending outperformance , includ ing enterprise adoption of cloud computing, real-time software and services and big data analytics. We expect Canada's IT market to record growth of 3.6 % in 201 5 , and forecast a CAGR of 3.9 % 2015-2019 .

Headline Expenditure Projections

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* Computer hardware sales: CAD19.1bn in 2014 to CAD19.3bn in 2015, an increase of 1.0%. Growth expected to decelerate from 2015 as a more subdued tablet market is only partially offset by growth in the notebook category.
* Software sales : CAD12.1bn in 2014 to CAD12.7bn in 2015, an increase of 4.6%. There is enterprise software growth potential among small- and medium-sized enterprises (SMEs), as well as for advanced deployments in the large enterprise market.
* IT Services sales: CAD23.3bn in 2014 to CAD24.5bn in 2015, an increase of 5.3%. We expect cloud computing and big data deployments will drive IT services outperformance in 2015 and over the medium term.

Key Trends And Developments

In 2015, BMI expects cloud computing growth to accelerate in Canada as an increasing number of local solutions will help alleviate the bottleneck of a lack of confidence in US providers in the wake of the NSA revelations. The NSA scandal was particularly important in Canada, because as in France, there was already mistrust among enterprise decision-makers dating back to the inception of the Patriot Act. However, US providers have also been establishing a local presence to...

The Canada Information Technology Report features BMI Research's market assessment and independent forecasts covering personal computers and software; semi-conductors, memory chips, integrated circuits and general components; the internet and IT solutions. It analyses analyses regulatory changes (licensing, customs and intellectual property protection) and competitive landscapes comparing IT companies by products, sales, market share, investments, projects and expansion strategies.

BMI's Canada Information Technology Report provides industry professionals and strategists, corporate analysts, IT associations, government departments and regulatory bodies with independent forecasts and competitive intelligence on the IT industry in Canada.

Key Benefits

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