TECH SUPPLIER May 2020 - Market Forecast - Doc # CA45064220

Canadian IT Professional Services Forecast, 2020-2024

By: Jim WestcottResearch Manager, Application Solutions

Abstract

This IDC study provides the spring 2020 market size and forecasts for the Canadian IT professional services market. The professional services market is made up of four submarkets:

  • Custom application development
  • IS consulting
  • Network consulting and integration
  • Systems integration

"The Canadian IT professional services market relies on discretionary capital spending budgets, which are typically suspended or curtailed in times of economic uncertainty. 2020 will be a challenging year for professional services firms due to the COVID-19 pandemic, but the market is expected to recover as the Canadian and global economies recover and businesses reinstate capital spending for IT projects," says Jim Westcott, research manager, Professional Services research, IDC Canada.


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