Canada Digital Transformation Market Size & Outlook

The digital transformation market in Canada is expected to reach a projected revenue of US$ 491,981.7 million by 2030. A compound annual growth rate of 28.6% is expected of Canada digital transformation market from 2024 to 2030.
Revenue, 2023 (US$M)
$84,791.6
Forecast, 2030 (US$M)
$491,981.7
CAGR, 2024 - 2030
28.6%
Report Coverage
Canada

Canada digital transformation market highlights

  • The Canada digital transformation market generated a revenue of USD 84,791.6 million in 2023 and is expected to reach USD 491,981.7 million by 2030.
  • The Canada market is expected to grow at a CAGR of 28.6% from 2024 to 2030.
  • In terms of segment, solution was the largest revenue generating type in 2023.
  • Services is the most lucrative type segment registering the fastest growth during the forecast period.


Digital transformation market data book summary

Market revenue in 2023USD 84,791.6 million
Market revenue in 2030USD 491,981.7 million
Growth rate28.6% (CAGR from 2023 to 2030)
Largest segmentSolution
Fastest growing segmentServices
Historical data2018 - 2022
Base year2023
Forecast period2024 - 2030
Quantitative unitsRevenue in USD million
Market segmentationSolution, Services
Key market players worldwideAccenture PLC Class A, Adobe Inc, Broadcom Inc, Cisco Systems Inc, Dell Technologies Inc Ordinary Shares - Class C, Alphabet Inc Class A, Hewlett Packard Enterprise Co, International Business Machines Corp, Microsoft Corp, Salesforce Inc, SAP SE, Happiest Minds Technologies, Dempton Consulting Group, Kellton, TIBCO


Other key industry trends

  • In terms of revenue, Canada accounted for 9.6% of the global digital transformation 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. digital transformation 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 491,981.7 million by 2030.

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Digital Transformation Market Companies

Name Profile # Employees HQ Website

Canada digital transformation 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 digital transformation market will help companies and investors design strategic landscapes.


Solution was the largest segment with a revenue share of 69.57% in 2023. Horizon Databook has segmented the Canada digital transformation market based on solution, services covering the revenue growth of each sub-segment from 2018 to 2030.


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Target buyers of Canada digital transformation market databook

  • Our clientele includes a mix of digital transformation market companies, investment firms, advisory firms & academic institutions.
  • 30% of our revenue is generated working with investment firms and helping them identify viable opportunity areas.
  • Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
  • 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 digital transformation market , including forecasts for subscribers. This country databook contains high-level insights into Canada digital transformation market from 2018 to 2030, including revenue numbers, major trends, and company profiles.

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Canada digital transformation market size, by type, 2018-2030 (US$M)

Canada Digital Transformation Market Outlook Share, 2023 & 2030 (US$M)

Canada digital transformation market size, by type, 2018-2030 (US$M)

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