Data on the Canadian Software Products Industry
Growth of the Canadian Software Products and Computer Services Industry
Year Rev. Employ. S'ware Prod. Rev.
1994 $9.3B 76K $1.6B (est)
Excludes the 25% who are self-employed
S'ware products compound annual growth of 20%
55% of total revenue generated by the 1% of the companies with sales > $10M
Net profit margin of 6.2% for sample of 30 software products firms
Source: Industry Canada, April 1996