Canada Information Technology Report Q1 2015
Headline Expenditure Projections
Key Trends And Developments
- Computer hardware sales: CAD19.2bn in 2014 to CAD19.76bn in 2015, an increase of 3.1%. Tablet growth is expected to slow from 2014 due to saturation, but growing demand for hybrid notebooks offset some of the slowdown.
- Software sales : CAD12.1bn in 2014 to CAD12.7bn in 2015, an increase of 4.9%. There is enterprise software growth potential among SMEs, as well as for advanced deployments for large enterprises.
- IT Services sales: CAD23.2bn in 2014 to CAD24.4bn in 2015, an increase of 4.8%. We expect cloud computing will drive IT services market growth outperformance in 2014 and over the medium term.
BMI has a positive view for the growth potential for Internet of Things (IoT) products and solutions in Canada over the medium term. The quality of network infrastructure, technological literacy among enterprise decision makers, high labour costs and vendor investment all help to provide a platform for IoT adoption. There is significant growth potential as a Telus-commissioned IDC survey reporting in September 2014 found that only 6% of domestic businesses had implemented an IoT product or solution. However the medium term growth outlook is strong, with another 7% of enterprises expected to deploy IoT solutions in 2014 and reach a total of 30% of businesses in 2015, according to the survey. Following...
The Canada Information Technology Report features Business Monitor International (BMI)'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.
- Benchmark BMI's independent IT Industry forecasts for Canada to test other views - a key input for successful budgetary and strategic business planning in the Canadian IT market.
- Target business opportunities and risks in Canada's IT sector through our reviews of latest industry trends, regulatory changes, and major deals, projects and investments in Canada.
- Assess the activities, strategy and market position of your competitors, partners and clients via our Company Profiles (inc. KPIs and latest activity).
BMI Industry View
Summary of BMIs key industry forecasts, views and trend analysis covering IT, regulatory changes, major investments and projects and significant national and multinational company developments.
Industry SWOT Analysis
Analysis of the major Strengths, Weaknesses, Opportunities and Threats within the IT sector and within the broader telecommunications, political, economic and business environment.
BMI Industry Forecast
Historic data series (2010-2013) and forecasts to end-2019 for all key industry and economic indicators, supported by explicit assumptions, plus analysis of key downside risks to the main forecast, including:
Information Technology Risk Reward Index
- IT Sector: Industry value (USDmn); IT sector contribution to GDP (%); value of hardware, software and services industry (USDmn); PC, peripherals and software imports and exports (USDmn); PC, peripherals and software sales (USDmn); number of PCs (000); PCs per 100 inhabitants; internet users (000); internet users per 100 inhabitants; broadband subscribers (000); broadband subscribers per 100 inhabitants.
- Economy: Economic growth (%); nominal GDP (USDbn); unemployment (%); interest rates (%); exchange rate (against USD).
BMIs Risk Reward Indices provide technology manufacturers, service providers, and IT vendors/leasing agents looking for opportunities in the region with a clear country-comparative assessment of a markets risks and potential rewards. Each of the country markets are scored using a sophisticated model that includes more than 40 industry, economic and demographic data points to provide indices of highest to lowest appeal to investors, with each position explained.
Country Market Overview
Structure, size and value of the industry sectors including hardware, software and services; overview of the industry landscape and key players; assessment of the business operating environment and the latest regulatory developments and government authority.
BMI Macroeconomic Forecast
BMI forecasts for all headline macroeconomic indicators to end-2019 including real GDP growth, inflation, fiscal balance, trade balance, current account and external debt.
Full analysis of the competitive landscape within the hardware, software and services sectors.
Examines the competitive positioning and short- to medium-term business strategies of key industry players. Strategy is examined within the context of BMIs industry forecasts, our macroeconomic views and our understanding of the wider competitive landscape. The latest financial and operating statistics and key company developments are also incorporated within the company profiles, enabling a full evaluation of recent company performance and future growth prospects.
Cross-border analysis of country markets in the region, commenting on IT penetration (PC and internet) and market growth drivers (IT market size and IT market compound growth).
The information Technology Reports draw on an extensive network of primary sources, such as multilateral organisations, government departments, industry associations, chambers and company reports.
*Company profiles are not available for every country. Those reports instead contain information on the current activities of prominent companies operating in the market.
As a m ature market Canadian IT sector growth rates will significantly underperform emerging markets. 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. We expect Canada's IT market to record growth of 4 .2% in 201 5 , and forecast a CAGR of 4.1% 2014-2018. Premium consumer hardware will remain a growth area, but over the medium term the areas we identify for outperformance include enterprise adoption of cloud computing, real-time software and services and big data analytics.
BMI Industry View
Table: IT Industry - Historical Data And Forecasts (Canada 2011-2018)
Table: GDP By Expenditure (Canada 2011-2018)
Industry Risk Reward Ratings
Industry Risk/Reward Ratings
Table: Americas Risk/Rewards Ratings - Q4 2014
Industry Trends And Developments
Table: Regulatory Authorities
Table: BlackBerry Limited
Table: Open Text
Table: IBM Canada
Table: Microsoft Canada
Table: Dealertrack Technologies
Table: Canada's Population By Age Group, 1990-2020 ('000)
Table: Canada's Population By Age Group, 1990-2020 (% of total)
Table: Canada's Key Population Ratios, 1990-2020
Table: Canada's Rural And Urban Population, 1990-2020
Industry Forecast Methodology
Risk/Reward Ratings Methodology
Table: It Risk/Reward Ratings Indicators
Table: Weighting Of Components
This report does not have a list of Companies Mentioned available
This report does not have a press release associated with it