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Technology industry outlook 2022

Written by BDC | Feb 2, 2022 3:57:57 PM

BDC

Technology industry outlook 2022

What’s Next for the Technology Sector in Canada
 
As businesses become increasingly dependent on technology, investments in this sector will continue to accelerate. 5.3% growth is expected in 2022, and the five-year growth outlook is very positive.

However, tech entrepreneurs should navigate this rapidly changing environment with care.

Discover the top four tech-sector trends to watch:

  • Strong activity in the mergers and acquisitions (M&A) market
  • High demand for skilled labour continues
  • Cybersecurity as a business imperative
  • Everything-as-a-service: the transition to the cloud accelerates

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