Canada Custom Software Development Market Size & Outlook
Canada custom software development market, 2018-2030 (US$M)
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Canada custom software development market highlights
- The Canada custom software development market generated a revenue of USD 2,447.5 million in 2023 and is expected to reach USD 9,891.2 million by 2030.
- The Canada market is expected to grow at a CAGR of 22.1% from 2024 to 2030.
- In terms of segment, enterprise software was the largest revenue generating solution in 2023.
- Enterprise Software is the most lucrative solution segment registering the fastest growth during the forecast period.
Custom software development market data book summary
| Market revenue in 2023 | USD 2,447.5 million |
| Market revenue in 2030 | USD 9,891.2 million |
| Growth rate | 22.1% (CAGR from 2023 to 2030) |
| Largest segment | Enterprise software |
| Fastest growing segment | Enterprise Software |
| Historical data | 2018 - 2022 |
| Base year | 2023 |
| Forecast period | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Web-based Solutions, Mobile App, Enterprise Software |
| Key market players worldwide | Accenture PLC Class A, Capgemini SE, Cognizant Technology Solutions Corp Class A, HCL Technologies, Infosys Ltd ADR, Microsoft Corp, Thoughtworks Holding Inc, TietoEVRY Corp ADR, Tata Consultancy Services, Brainvire, Iflexion, Infopulse, Magora, Trigent, TRooTech Business Solutions |
Other key industry trends
- In terms of revenue, Canada accounted for 6.9% of the global custom software development 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. custom software development 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 9,891.2 million by 2030.
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Custom Software Development Market Scope
Custom Software Development Market Companies
| Name | Profile | # Employees | HQ | Website |
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Canada custom software development 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 custom software development market will help companies and investors design strategic landscapes.
Enterprise software was the largest segment with a revenue share of 60.34% in 2023. Horizon Databook has segmented the Canada custom software development market based on web-based solutions, mobile app, enterprise software covering the revenue growth of each sub-segment from 2018 to 2030.
The growth can be attributed to the country's dynamic IT sector. Collaborations and partnerships between market players are leading to the availability of better solutions in the market.
For instance, in September 2022, Jonah Group, a Canada-based software engineering firm, was acquired by 3Pillar Global, Inc., a U.S.-based product development services provider. The acquisition would result in the easier availability of the company’s high-quality digital product development services in the country.
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Target buyers of Canada custom software development market databook
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Our clientele includes a mix of custom software development market companies, investment firms, advisory firms & academic institutions.
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30% of our revenue is generated working with investment firms and helping them identify viable opportunity areas.
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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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The rest of the revenue is generated working with academic and research not-for-profit institutes. We do our bit of pro-bono by working with these institutions at subsidized rates.
Horizon Databook provides a detailed overview of country-level data and insights on the Canada custom software development market , including forecasts for subscribers. This country databook contains high-level insights into Canada custom software development market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Canada custom software development market size, by solution, 2018-2030 (US$M)
Canada Custom Software Development Market Outlook Share, 2023 & 2030 (US$M)
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