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NAMIR ANANINAMIR ANANIPRESIDENT AND CEO, ICTCPRESIDENT AND CEO, ICTC

Strengthening our comparative advantage

in emerging growth sectors

2About usAbout us

The Information and Communications Technology Council (ICTC) is a national centre of expertise leading ICT research and labour market intelligence, policy development, and program management for the digital economy

Goals:

•Promoting appropriate policies and programs to support ICT growth sectors with the highest potential for job creation and economic contribution

•Increase youth employment in ICT growth sectors

•Enhance women and aboriginal youth participation in the Digital Economy

•Accelerating the participation of IEPs in the ICT labour market

3ICT Labour Market Snapshot

ICT Labour Market Snapshot

• ICT labour market jobless rate is 2.6% today, compared to an average unemployment level of 7.4%

• By 2016 Canada will require to fill

106,000 critical ICT jobs

4Emerging OpportunitiesEmerging Opportunities

• Several fast emerging growth sectors in Canada with high potential for job creation and contribution to the economy, among them:

• Applications and services

• Mobile arena

• Cloud computing

• Global potential with low barriers to entry, dominated by Small & Medium Enterprises

• The Apps market will have a pervasive impact on many sectors of the economy (banking, health, services, administration, etc.)

5The Apps EconomyThe Apps Economy

• Mobile subscriptions worldwide have reached 6 billion

• There are more than a billion smartphone users worldwide

• Canada’s share is expected to reach $13 million before end of 2012

• Canadians spend $675M on Apps, and expected to grow to $1.82 billion by 2016

6The Apps EconomyThe Apps Economy

• The Canadian App ecosystem generates $775M per year in revenue (or 3% of worldwide revenues) estimated to reach $2.2 billion in 2016 (184% rise) in 4 years

• Total related employment is 51,700 in Canada

(Ontario 47%, Quebec 22%, British Colombia 15%, Prairies 11%, and Atlantic region 5%)

• By 2016 it is estimated that App employment will rise to 78,000 (or 51%)

7Challenges & OpportunitiesChallenges & Opportunities

• Access to capital and talent is a challenge

• A third of the surveyed enterprises are seeking funding to grow their operations

• Despite these challenges, 41% of companies are forecasting strong growth, while the remaining 59% are expecting moderate growth

8Take awayTake away

• It’s an exciting time for Canada, where Canadian apps enterprises bring 3% of global revenue

($25.97 billion)

• Our comparative advantages are: The emerging sectors represent an attractive

proposition for Canada where there are no apparent dominant worldwide players

We need to fast track our participation in these emerging sectors and continue to enhance our comparative advantages in: talent development; economic, educational, and immigration policies