Data Processing & Hosting Services in Canada - Industry Market Research Report

Data Processing & Hosting Services in Canada - Industry Market Research Report

  • June 2019 •
  • 38 pages •
  • Report ID: 4564348 •
  • Format: PDF
Data crunch: Companies seeking to improve operational efficiencies will contribute to industry growth

Abstract

Data Processing & Hosting Services in Canada
The Data Processing and Hosting Services industry in Canada provides data analytics and management services used for a variety of information technology (IT)-related activities. The industry’s key clients are located in the financial, advertising and e-commerce sectors, which compile large amounts of consumer and financial data that need to be managed and analyzed to produce actionable insights for these businesses. Over the five years to 2019, the industry performed well as businesses increasingly outsourced IT infrastructure needs and industry operators advanced their data analysis techniques. Industry services are usually provided on a subscription basis and have been in strong demand over the past five years. More and more companies are outsourcing to specialized companies, which has boosted demand for industry services. Over the five years to 2024, the industry is expected to continue expanding, albeit at a slower pace.

Operators in this industry provide specialized data processing or hosting activities. Data processing services provide specialized reports from information supplied by clients. Hosting services can include web and application hosting and range from automated data entry to processing such data. This industry does not include the websites themselves or the revenue earned by their owners.

This report covers the scope, size, disposition and growth of the industry including the key sensitivities and success factors. Also included are five year industry forecasts, growth rates and an analysis of the industry key players and their market shares.
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