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IT Consulting in Canada Industry Data and Analysis
The rapid pace of technological change propelled the IT Consulting industry in Canada, with the prevalence of cloud-based services, mobile apps and other cutting-edge software fueling spending across the economy. The advent of artificial intelligence (AI) technology joins the long list of cutting-edge trends fueling need for IT consultants across various sectors. The Canadian government is simultaneously bolstering the industry with its large-scale investments, announcing a $2.0 billion investment in Canada’s 2024 budget to advance AI research, support start-ups and scale-ups and enhance technology infrastructure. As a result, industry revenue is projected to grow at a CAGR of 5.2% to $114. billion through 2025, including growth of 3.3% in 2025 alone.Robust demand for IT consulting services has made the IT consulting highly profitable. Spending on higher-margin services like cloud-based systems integration and mobile app design has surged at the same time as cybersecurity concerns have grown. The need for highly profitable, specialized services has tempered some competition among existing companies, but at the same time, attracted new entrants, intensifying the competitive landscape. The scale of IT need has outstripped the availability of skilled professionals, with wages climbing to nearly half of all industry revenue. As labour costs have climbed, companies have seen profit contract as intense competition has forced firms to enhance compensation packages to attract top talent.
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What's included in this industry analysis
IBISWorld's research coverage on the IT Consulting industry in Canada includes market sizing, forecasting, data and analysis from 2015-2030. The most recent publication was released August 2025.
About this industry
What's this industry report about?
The IT Consulting industry in Canada operates under the NAICS industry code 54151CA. The IT Consulting industry in Canada provides the services to client companies such as writing, testing and supporting custom software; planning and designing integrated hardware, software and communication infrastructure; and on-site management of computer systems and data processing facilities. This industry excludes packaged software publishers, transaction processing software, off-site data processing and cloud hosting services. Related terms covered in the IT Consulting industry in Canada include information technology (it), server, outsource , cloud computing, software as a service (saas), commoditization, integrated system / engineered system and big data analytics.
What's included in this industry?
Products and services covered in IT Consulting industry in Canada include IT technical consulting services, Nonconsulting computer systems design services and Data processing, hosting and related services.
What companies are included in this industry?
The IT Consulting industry in Canada is highly fragmented with no companies holding a market share greater than 5%.
Performance
What's included in the Performance chapter?
The Performance chapter covers detailed analysis, datasets, detailed current performance, sources of volatility and an outlook with forecasts for the IT Consulting industry in Canada.
Questions answered in this chapter include what's driving current industry performance, what influences industry volatility, how do successful businesses overcome volatility, what's driving the industry outlook. This analysis is supported with data and statistics on industry revenues, costs, profits, businesses and employees.
Products & Markets
What's included in the Products and Markets chapter?
The Products and Markets chapter covers detailed products and service segmentation and analysis of major markets for the for the IT Consulting industry in Canada.
Questions answered in this chapter include how are the industry's products and services performing, what are innovations in industry products and services, what products or services do successful businesses offer and what's influencing demand from the industry's markets. This includes data and statistics on industry revenues by product and service segmentation and major markets.
Geographic Breakdown
What's included in the Geographic Breakdown chapter?
The Geographic Breakdown chapter covers detailed analysis and datasets on regional performance of the IT Consulting industry in Canada.
Questions answered in this chapter include where are industry businesses located and how do businesses use location to their advantage. This includes data and statistics on industry revenues by location.
Competitive Forces
What's included in the Competitive Forces chapter?
The Competitive Forces chapter covers the concentration, barriers to entry and supplier and buyer profiles in the IT Consulting industry in Canada. This includes data and statistics on industry market share concentration, barriers to entry, substitute products and buyer & supplier power.
Questions answered in this chapter include what impacts the industry's market share concentration, how do successful businesses handle concentration, what challenges do potential industry entrants face, how can potential entrants overcome barriers to entry, what are substitutes for industry services, how do successful businesses compete with substitutes and what power do buyers and suppliers have over the industry and how do successful businesses manage buyer & supplier power.
Companies
What's included in the Companies chapter?
The Companies chapter covers Key Takeaways, Market Share and Companies in the IT Consulting industry in Canada. This includes data and analysis on companies operating in the industry that hold a market share greater than 5%.
Questions answered in this chapter include what companies have a meaningful market share and how each company is performing.
External Environment
What's included in the External Environment chapter?
The External Environment chapter covers Key Takeaways, External Drivers, Regulation & Policy and Assistance in the IT Consulting industry in Canada. This includes data and statistics on factors impacting industry revenue such as economic indicators, regulation, policy and assistance programs.
Questions answered in this chapter include what demographic and macroeconomic factors impact the industry, what regulations impact the industry, what assistance is available to this industry.
Financial Benchmarks
What's included in the Financial Benchmarks chapter?
The Financial Benchmarks chapter covers Key Takeaways, Cost Structure, Financial Ratios, Valuation Multiples and Key Ratios in the IT Consulting industry in Canada. This includes financial data and statistics on industry performance including key cost inputs, profitability, key financial ratios and enterprise value multiples.
Questions answered in this chapter include what trends impact industry costs and how financial ratios have changed overtime.
Industry Data
What's included in the Industry Data chapter?
The Industry Data chapter includes 10 years of historical data with 5 years of forecast data covering statistics like revenue, industry value add, establishments, enterprises, employment and wages in the IT Consulting industry in Canada.
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Frequently Asked Questions
What is the market size of the IT Consulting industry in Canada in 2026?
The market size of the IT Consulting industry in Canada is $114.0bn in 2026.
How many businesses are there in the IT Consulting industry in Canada in 2025?
There are 111k businesses in the IT Consulting industry in Canada, which has grown at a CAGR of 4.2 % between 2020 and 2025.
How may import tariffs affect the IT Consulting industry in Canada?
The IT Consulting industry in Canada is unlikely to be materially impacted by import tariffs with imports accounting for a low share of industry revenue.
How may export tariffs affect the IT Consulting industry in Canada?
The IT Consulting industry in Canada is unlikely to be materially impacted by export tariffs with exports accounting for a low share of industry revenue.
Has the IT Consulting industry in Canada grown or declined over the past 5 years?
The market size of the IT Consulting industry in Canada has been growing at a CAGR of 5.2 % between 2020 and 2025.
What is the forecast growth of the IT Consulting industry in Canada over the next 5 years?
Over the next five years, the IT Consulting industry in Canada is expected to grow.
What does the IT Consulting industry in Canada include?
Providing information technology expertise for consumers and Writing, modifying, testing and supporting software are part of the IT Consulting industry in Canada.
How competitive is the IT Consulting industry in Canada?
The level of competition is high and increasing in the IT Consulting industry in Canada.
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