target audience: TECH SUPPLIER Publication date: Jun 2024 - Document type: Market Forecast - Doc Document number: # CA52306124
Canadian Application Outsourcing Services Forecast, 2024–2028
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Abstract
This IDC study provides IDC's forecast for the Canadian application outsourcing services market for 2024–2028.
"After a phenomenal year of market activity in 2022, the application outsourcing market witnessed a reduction in growth over 2023. IDC expects the application outsourcing market to reach a steady state in 2024 and grow over the next five years. The continued adoption of cloud and recent developments in AI and automation are expected to drive application outsourcing engagements, enabling accelerated transformations and greater realization of business outcomes. Organizations will engage with external service providers (SPs) for access to a wider range of skills and to provide capacity to cover large transformation projects, propelling growth in the managed IT services market," says Sreenivas Duvvuri, research analyst, Services.