Despite economic headwinds, the Canadian technology market demonstrated remarkable resilience in 2023, with strategic investments in automation and efficiency-driving technologies.
Organizations focused on solutions that provided immediate ROI and operational improvements, leading to sustained growth in specific technology categories.
2023 Market Performance:
- Automation technologies grew 52% year-over-year
- Business intelligence and analytics up 41%
- Cybersecurity investments increased 38%
- Cloud cost optimization tools saw 73% adoption growth
