This IDC study provides the Canadian IT spending and growth forecast over 17 individual vertical markets for the period from 2013, our base year, to 2018. IDC Canada has revised its market assessment upward slightly since our last published forecast for the Canadian IT market by vertical sector.
"Our estimates of C$44.8 billion in IT spend for 2012 has been adjusted to C$45.2 billion," says Mark Schrutt, director, IT Services and Enterprise Applications. "IDC projects that total spend for 2013 was C$46.6 billion, a 3.3% increase over the previous year, and 2014 is expected to close at C$48.9 billion, a healthy 4.9% jump over 2013. Subsequent years, however, are not expected to be as robust: The 2013-2018 overall CAGR is 3.9%."