Canada Business Software And Services Market Size & Outlook
The business software and services market in Canada is expected to reach a projected revenue of US$ 63.6 million by 2030. A compound annual growth rate of 11.9% is expected of Canada business software and services market from 2024 to 2030.
Revenue, 2023 (US$M)
$28.9
Forecast, 2030 (US$M)
$63.6
CAGR, 2024 - 2030
11.9%
Report Coverage
Canada
Canada business software and services market, 2018-2030 (US$M)
Related Markets
Canada business software and services market highlights
- The Canada business software and services market generated a revenue of USD 28.9 million in 2023 and is expected to reach USD 63.6 million by 2030.
- The Canada market is expected to grow at a CAGR of 11.9% from 2024 to 2030.
- In terms of segment, software was the largest revenue generating solution in 2023.
- Services is the most lucrative solution segment registering the fastest growth during the forecast period.
Business software and services market data book summary
| Market revenue in 2023 | USD 28.9 million |
| Market revenue in 2030 | USD 63.6 million |
| Growth rate | 11.9% (CAGR from 2023 to 2030) |
| Largest segment | Software |
| Fastest growing segment | Services |
| Historical data | 2018 - 2022 |
| Base year | 2023 |
| Forecast period | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Software, Services |
| Key market players worldwide | EQT AB Ordinary Shares, Roper Technologies Inc, Epicor Software (Formerly Solarsoft Business Systems), International Business Machines Corp, Infor, Oracle Corp, Microsoft Corp, SAP SE ADR, Totvs SA ADR, SYSPRO |
Other key industry trends
- In terms of revenue, Canada accounted for 5.5% of the global business software and services market in 2023.
- Country-wise, U.S. is expected to lead the global market in terms of revenue in 2030.
- In North America, U.S. business software and services market is projected to lead the regional market in terms of revenue in 2030.
- Canada is the fastest growing regional market in North America and is projected to reach USD 63.6 million by 2030.
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Business Software And Services Market Scope
Business software and services market segmentation & scope
Finance
Sales & Marketing
Human Resource
Supply Chain
Others
Consulting
Managed Services
Support & Maintenance
Aerospace & Defense
BFSI
Government
Healthcare
IT & Telecom
Manufacturing
Retail
Transportation
Others
Business Software And Services Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|
Canada business software and services market outlook
The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to business software and services market will help companies and investors design strategic landscapes.
Software was the largest segment with a revenue share of 68.86% in 2023. Horizon Databook has segmented the Canada business software and services market based on software, services covering the revenue growth of each sub-segment from 2018 to 2030.
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Our clientele includes a mix of business software and services market companies, investment firms, advisory firms & academic institutions.
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Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
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Horizon Databook provides a detailed overview of country-level data and insights on the Canada business software and services market , including forecasts for subscribers. This country databook contains high-level insights into Canada business software and services market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
Partial client list
Canada business software and services market size, by solution, 2018-2030 (US$M)
Canada Business Software And Services Market Outlook Share, 2023 & 2030 (US$M)
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