2014-04-28 08:53:01 - Canada Information Technology Report Q3 2013 - a new market research report on companiesandmarkets.com
Canadian IT spending is forecast to reach CAD46.0bn in 2013, a 1.8% increase over 2012´s forecast, and we make a minor downward revision to its outlook based on our country risk team downgrading the macroeconomic outlook. Nonetheless we expect Canada´s IT market to remain in positive growth territory in 2013, and over the medium term to 2017. The retail hardware market will see continued growth due to demand for tablets and innovation in form factors including ultra-thin notebooks and hybrids/convertibles. However, government spending will continue to be constrained by a focus on cutting costs, with cost reviews being conducted by Toronto and Ontario, but there have been a spate of large tenders, highlighting continued opportunities within the sector.
Headline Expenditure Projections
hardware sales: CAD15.3bn in 2012 to CAD15.4bn in 2013, an increase of 0.6%. Demand for tablets is strong, while innovation in ultra-thin notebooks and hybrids/convertibles based on Windows 8 and Intel´s Haswell chipsets are expected to see fast growth.
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