Canada Generative Ai Market Size & Outlook, 2026-2033

The generative ai market in Canada is expected to reach a projected revenue of US$ 31,155.6 million by 2033. A compound annual growth rate of 41.8% is expected of Canada generative ai market from 2026 to 2033.
Revenue, 2025 (US$M)
$2,013.4
Forecast, 2033 (US$M)
$31,155.6
CAGR, 2026 - 2033
41.8%
Report Coverage
Canada

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Canada generative ai market, 2021-2033 (US$M)

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Canada generative ai market highlights

  • The Canada generative ai market generated a revenue of USD 2,013.4 million in 2025 and is expected to reach USD 31,155.6 million by 2033.
  • The Canada market is expected to grow at a CAGR of 41.8% from 2026 to 2033.
  • In terms of segment, software was the largest revenue generating component in 2025.
  • Services is the most lucrative component segment registering the fastest growth during the forecast period.


Generative ai market data book summary

Market revenue in 2025USD 2,013.4 million
Market revenue in 2033USD 31,155.6 million
Growth rate41.8% (CAGR from 2026 to 2033)
Largest segmentSoftware
Fastest growing segmentServices
Historical data2021 - 2024
Base year2025
Forecast period2026 - 2033
Quantitative unitsRevenue in USD million
Market segmentationSoftware, Services
Key market players worldwideAi Holdings Corp, Amazon.com Inc, International Business Machines Corp, Alphabet Inc Class A, Microsoft Corp, Adobe Inc


Other key industry trends

  • In terms of revenue, Canada accounted for 9.1% of the global generative ai market in 2025.
  • Country-wise, U.S. is expected to lead the global market in terms of revenue in 2033.
  • In North America, U.S. generative ai market is projected to lead the regional market in terms of revenue in 2033.
  • Canada is the fastest growing regional market in North America and is projected to reach USD 31,155.6 million by 2033.

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Generative AI Market Companies

Name Profile # Employees HQ Website
Ai Holdings Corp View profile 1341 12-8 Nihonbashi Hisamatsucho, Chuo-ku, Tokyo, Japan, 103-0005 http://www.aiholdings.co.jp
Adobe Inc View profile 29945 345 Park Avenue, San Jose, CA, United States, 95110-2704 https://www.adobe.com
Alphabet Inc Class A View profile 180895 1600 Amphitheatre Parkway, Mountain View, CA, United States, 94043 https://www.abc.xyz
Microsoft Corp View profile 221000 One Microsoft Way, Redmond, WA, United States, 98052-6399 https://www.microsoft.com
International Business Machines Corp View profile 282200 One New Orchard Road, Armonk, NY, United States, 10504 http://www.ibm.com
Amazon.com Inc View profile 1525000 410 Terry Avenue North, Seattle, WA, United States, 98109-5210 https://www.amazon.com

Canada generative ai 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 generative ai market will help companies and investors design strategic landscapes.


Software was the largest segment with a revenue share of 82.8% in 2025. Horizon Databook has segmented the Canada generative ai market based on software, services covering the revenue growth of each sub-segment from 2021 to 2033.


Canadian companies are developing NLP-powered machine translation technology that can translate text and speech from one language to another, making it easier for people to communicate across language barriers. This factor is propelling the segment growth in this region.

Prominent development of generative AI in Canada is augmenting the market growth in Canada. For instance, in March 2023, Deloitte Canada unveiled its first Lab Program of Generative AI. Businesses will benefit from the program's immersion as they abstract and debunk generative AI.

Organizations will gain insights into how they can efficiently hitch the potential of this groundbreaking technology to report their most pressing business challenges over the Deloitte Lab Program of Generative AI. The team at Deloitte utilizes the lab to interpret generative AI, discover the aids and risks, and recognize high-impact use cases that are aligned with signature business challenges.

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Target buyers of Canada generative ai market databook

  • Our clientele includes a mix of generative ai 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.).
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Horizon Databook provides a detailed overview of country-level data and insights on the Canada generative ai market , including forecasts for subscribers. This country databook contains high-level insights into Canada generative ai market from 2021 to 2033, including revenue numbers, major trends, and company profiles.

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Canada generative ai market size, by component, 2021-2033 (US$M)

Canada Generative AI Market Outlook Share, 2025 & 2033 (US$M)

Canada generative ai market size, by component, 2021-2033 (US$M)

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