Canada Core Banking Solution Market, by Solution, 2017-2025
| Label | Professional Services | Managed Services |
|---|---|---|
| 2017 | 123.08 USD Mn | 22.65 USD Mn |
| 2018 | 127.12 USD Mn | 23.12 USD Mn |
| 2019 | 132.22 USD Mn | 23.78 USD Mn |
| 2020 | 137.82 USD Mn | 24.5 USD Mn |
| 2021 | 143.91 USD Mn | 25.29 USD Mn |
| 2022 | 150.63 USD Mn | 26.18 USD Mn |
| 2023 | 158.16 USD Mn | 27.17 USD Mn |
| 2024 | 166.57 USD Mn | 28.29 USD Mn |
| 2025 | 175.7 USD Mn | 29.51 USD Mn |
Data Source: Wantstats Repository
Market Dynamics
By 2025, Professional Services is the largest of the 2 groups tracked here, at 175.70M USD, 86% of the combined total.
Managed Services is runner-up at 29.51M USD — 83% off the lead.
Professional Services: up 43% over the period, 123.08M USD to 175.70M USD.
Managed Services climbs from 22.65M USD (2017) to 29.51M USD (2025), a 30% gain.
The 2-group total: 145.73M USD in 2017, 205.21M USD by 2025, 41% overall.
Reading This As A Comparison
This is a comparison chart, 2 groups at once — the interesting question is usually how the gap between them changes, not the value of any single group in isolation.
Do not confuse "biggest" with "fastest-growing" — they are frequently different series on a chart like this one, and the gap between them can close faster than the current ranking suggests.
Treat these values as a directional estimate of the Canada Core Banking Solution market. They are most useful for comparing segments and regions against each other, and for spotting where demand is expected to build fastest.
Figures before the 2018 base year are historical estimates; the years through 2025 are projections built from industry data, company revenues, and primary interviews. Forecasts are revised as new data comes in, so check the full report for the latest assumptions.
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