The Canadian Tech Market 2013 To 2014
Sluggish Canadian Tech Market Will Accelerate In 2014
October 25, 2013
Why Read This Report
Canada's CIOs and tech buyers continue to be more conservative in their tech buying than those in the US, with business and government purchases of tech goods and services growing by 2.2% in 2013, compared with 3.8% in the US. The economic factors that have been made them cautious — an up-and-down housing sector, a strong Canadian dollar that hurts manufacturing exports, and softer demand for Canadian natural resource goods in export markets in the US, Europe, and Asia — should start to ease in 2014, leading to better economic growth and a projected 4.6% increase in Canadian tech purchases. However, caution in tech buying creates the risk that Canadian firms will lag US and other advanced economies that are more aggressive in buying the new mobile and smart technologies that transform business. To avoid this risk, Canadian CIOs should — and we think will — tilt toward being more aggressive in their 2014 IT budget plans.
Already a Client?
Log in to read this document.
Become a Forrester Client
Timely and relevant, Forrester's RoleView research aligns to 13 leadership roles across business and technology management. Our expertise in customer experience, mobile, digital business, and big data will help your teams win in the age of the customer. Contact us to learn more.
This report is available for individual purchase ($499 USD).Purchase
Table of Contents
- Canadian ICT Market Stays In A Funk In 2013
- Telecom, Business Services, And HealthCare Will Have Biggest 2014 Rise
- Canadian Tech Buyers Need To Be More Aggressive With New Technologies
- Canadian Tech Market Once Again Underperforms
- Supplemental Material
- Related Research Documents
A Weak Start To 2014 Economic Growth Leads To Slower Global Tech Market Growth
August 11, 2014 | Andrew Bartels
A Better But Still Subpar Global Tech Market In 2014 And 2015
January 2, 2014 | Andrew Bartels
What India's 12th National Five-Year Plan Means For ICT Vendors
May 30, 2012 | Manish Bahl