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PR Newswire
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IT Market in Canada 2014-2018: Key Vendors are Cisco Systems, Hewlett-Packard, IBM and Microsoft

DUBLIN, Oct. 2, 2014 /PRNewswire/ -- Research and Markets has announced the addition of the "IT Market in Canada 2014-2018" report to their offering.

http://photos.prnewswire.com/prnh/20130307/600769

IT can be defined as an integrated platform that includes hardware, software and IT services. The IT department of an organization is responsible for storing, protecting, processing, transmitting, and retrieving information. The role of IT in an organization is to integrate various business processes through IT hardware, software and services solutions, and thus ensure the smooth flow of information and processes.

IT also helps organizations align their business processes with various technologies. The IT market of Canada has picked up a good start after the recession in the late 2000s and has been a growing market since then. The fast-paced economic growth of Canada and the consequent economic optimism are prompting businesses in the country to invest in IT to improve their overall efficiency. A lot of government organizations in Canada are increasingly adopting the latest technological trends such as cloud computing.

The analysts forecast the IT Market in Canada will grow at a CAGR of 3.90 percent over the period 2013-2018.

The IT Market in Canada can be segmented into three divisions: Hardware. Software and IT Services. The report also covers the IT spending across key end-user segments. The report also discusses the IT spending by the key regions in Canada.

The report, the IT Market of Canada 2014-2018, has been prepared based on an in-depth market analysis with inputs from industry experts. The report focuses on Canada; it also covers the IT market landscape and its growth prospects in the coming years. The report also includes a discussion of the key vendors operating in this market.

Canada lags behinds the US and other advanced markets in cloud computing. More SMBs are adopting cloud-based technologies compared to large companies, especially in the Government sector and Healthcare and BFSI industries because of the minimal IT personnel and infrastructure requirement.

However, even though SMBs understand the long-term benefits of cloud computing, only a few have adopted it because of the high costs associated with shifting to cloud-based technology such as moving data to the cloud, network bandwidth costs, multiple vendor application integration costs, and software testing costs. Some benefits of cloud computing include increased flexibility of IT processes, economies of scale, accessibility to data anytime and anywhere, and low IT infrastructure spending.

Key Topics Covered:

01. Executive Summary

02. List of Abbreviations

03. Scope of the Report

04. Market Research Methodology

05. Introduction

06. Market Landscape

07. Market Segmentation by Category

08. Market Segmentation by Region

09. Market Segmentation by End-users

10. Buying Criteria

11. Market Growth Drivers

12. Drivers and their Impact

13. Market Challenges

14. Impact of Drivers and Challenges

15. Market Trends

16. Trends and their Impact

17. Vendor Landscape

18. Key Vendor Analysis

19. Other Reports in this Series

Companies Mentioned:

  • 3M
  • Agfai-Gevaert Group
  • Autodesk Inc.
  • Bell Aliant Inc.
  • Broadcom Corp.
  • CARIS
  • CGI Group Inc.
  • Camouflage Software Inc.
  • Cisco Systems Inc.
  • Dell Inc.
  • EMC Corp.
  • Ericsson
  • General Electric
  • Greyfirst Corp.
  • Hewlett-Packard Co.
  • Hitachi Solutions
  • IBM Corp.
  • ISM Canada
  • Imaginet Resources Corp.
  • InfoMagnetics Technologies Corp.
  • Intel Corp.
  • McAfee Inc.
  • MediSolution Inc.
  • Microsoft Corp.
  • OpenText Corp.
  • Oracle Corp.
  • Paradigm Consulting Group Inc.
  • SAP AG
  • Seiko Epson Corp.
  • Sierra Systems Group Inc.
  • Sybase Inc.
  • Teledyne DALSA Inc.
  • Vecima Networks Inc.
  • Xerox Corp.
  • abas Software AG

For more information visit http://www.researchandmarkets.com/research/bglpwb/it_market_in

Media Contact: Laura Wood, +353-1-481-1716, press@researchandmarkets.net

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© 2014 PR Newswire
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