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Scientific Research & Development in Canada - Market Size (2005–2029)

NAICS 54171CA Last Updated: September 2023

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$13.1bn

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Scientific Research & Development in Canada Market Size in 2023
-2.1%

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 Scientific Research & Development in Canada Market Size Growth in 2023
3.3%

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 Scientific Research & Development in Canada Market Size CAGR 2018-2023

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 Scientific Research & Development in Canada Market Size CAGR 2023-2028

Curious about what drives these trends? IBISWorld's Scientific Research & Development in Canada Industry Report has got you covered.

Questions Clients Ask About This Industry

  • What was the market size of the Scientific Research & Development in Canada in 2022?

    The market size of the Scientific Research & Development in Canada was $13.4bn in 2022.

  • What was the growth rate of the Scientific Research & Development in Canada in 2022?

    The market size of the Scientific Research & Development in Canada increased 3.0% in 2022.

  • What was the market size of the Scientific Research & Development in Canada in 2023?

    The market size of the Scientific Research & Development in Canada is $13.1bn in 2023.

  • What is the growth rate of the Scientific Research & Development in Canada in 2023?

    The market size of the Scientific Research & Development in Canada decreased -2.1% in 2023.

  • Has the Scientific Research & Development in Canada grown or declined over the past 5 years?

    The market size of the Scientific Research & Development in Canada has grown at a 3.0% CAGR between 2017 and 2022.

  • Is the Scientific Research & Development in Canada expected to grow or decline over the next five years?

    See our full analysis of the Scientific Research & Development in Canada to understand if the industry market size is expected to grow or decline over the next five years.

  • Has the Scientific Research & Development in Canada grown or declined over the past 5 years?

    The market size of the Scientific Research & Development in Canada has grown at a 3.3% CAGR between 2018 and 2023.

  • Is the Scientific Research & Development in Canada expected to grow or decline over the next five years?

    See our full analysis of the Scientific Research & Development in Canada to understand if the industry market size is expected to grow or decline over the next five years.

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