The Technology Profile
The technology sector of Greater Montreal is a source of pride for Montrealers. Often considered the video game capital of North America; holding three digital festivals and many specialized cultural installations; boasting a higher level of smartphone penetration and social media use than the rest of Canada: Montreal is a city that breathes digital.
The prestigious Intelligent Community Forum (ICF) recognized Greater Montreal among the 21 intelligent cities of 2014, and TOP 7 of 2016. The city claims over twenty smart initiatives, including having the most living labs in North America.
The technology sector is a driving force behind the economy of Greater Montreal: over the last ten years, the sector has seen a GDP growth that is twice as fast as the economy as a whole. As a hub of technological excellence, the technology Cluster of Greater Montreal represents:
- More than 107,500 jobs in the metropolitan region (8% of the workforce)
- 72% of the technology jobs in Quebec
- 5,250 companies
- A GDP of $11,6 billion
- $21 billion in business exploitation revenues
- Ranked 3rd in North America for job growth in the ICT sector