target audience: TECH SUPPLIER Publication date: Jun 2023 - Document type: Market Forecast - Doc Document number: # CA50776523
Canadian Application Outsourcing Services Forecast, 2023–2027
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Abstract
This IDC study provides IDC's forecast for the Canadian application outsourcing services market for 2023–2027.
"The application outsourcing services market is quickly changing in the digital business era. Spending growth was higher than expected in 2022, driven by application modernization initiatives. As the post-pandemic Canadian economy improves, IDC expects the application outsourcing services market to grow over the next five years. Cloud adoption continues to rise, and organizations are working to modernize more of their application portfolios in a hybrid cloud environment. In addition, organizations are struggling to find application-related skills to help modernize and digitize applications and look to external service providers (SPs) to complement their internal capabilities, leading Canadian organizations to use application outsourcing more," says Jason Bremner, research vice president, Industry and Business Solutions.