Canada Data Center Construction Market Size & Outlook
Canada data center construction market, 2018-2030 (US$M)
Related Markets
Canada data center construction market highlights
- The Canada data center construction market generated a revenue of USD 10,031.7 million in 2023 and is expected to reach USD 16,581.2 million by 2030.
- The Canada market is expected to grow at a CAGR of 7.4% from 2024 to 2030.
- In terms of segment, it infrastructure was the largest revenue generating infrastructure in 2023.
- Miscellaneous Expenses is the most lucrative infrastructure segment registering the fastest growth during the forecast period.
Data center construction market data book summary
| Market revenue in 2023 | USD 10,031.7 million |
| Market revenue in 2030 | USD 16,581.2 million |
| Growth rate | 7.4% (CAGR from 2023 to 2030) |
| Largest segment | It infrastructure |
| Fastest growing segment | Miscellaneous Expenses |
| Historical data | 2018 - 2022 |
| Base year | 2023 |
| Forecast period | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | IT Infrastructure, Power Distribution & Cooling Infrastructure, Miscellaneous Expenses |
| Key market players worldwide | Cisco Systems Inc, Dell Technologies Inc Ordinary Shares - Class C, Fujitsu Ltd, Hewlett Packard Enterprise Co, Huawei Technologies, International Business Machines Corp, Acer Inc DR, Lenovo Group Ltd, Oracle Corp, inSpur, Ascenty, ABB Ltd, Hitachi Ltd, Equinix Inc, Schneider Electric SE, KION GROUP AG, Vertiv Holdings Co Class A, Gensler, HostDime, IPXON Networks |
Other key industry trends
- In terms of revenue, Canada accounted for 4.5% of the global data center construction market in 2023.
- Country-wise, U.S. is expected to lead the global market in terms of revenue in 2030.
- In North America, U.S. data center construction market is projected to lead the regional market in terms of revenue in 2030.
- Canada is the fastest growing regional market in North America and is projected to reach USD 16,581.2 million by 2030.
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Data Center Construction Market Scope
Data Center Construction Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|
Canada data center construction market outlook
The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to data center construction market will help companies and investors design strategic landscapes.
It infrastructure was the largest segment with a revenue share of 77.13% in 2023. Horizon Databook has segmented the Canada data center construction market based on it infrastructure, power distribution & cooling infrastructure, miscellaneous expenses covering the revenue growth of each sub-segment from 2018 to 2030.
The increased use of smart devices by consumers for accessing digital services, such as online games, streaming, cab booking, and online music, is one of the key factors leading to growing investments into digital infrastructure in the country.
For instance, in November 2023, Microsoft Corporation, a data center operator, announced its decision to invest USD 500 million in its AI and cloud computing infrastructure in Quebec, Canada. The company estimated that this initiative would increase the size of the company’s cloud infrastructure footprint in Canada by 750 percent.
Quebec is one of the most preferred locations for constructing data centers in Canada owing to the availability of renewable energy, cold climate, low power costs, generous land and tax incentives, and excellent connectivity.
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Horizon Databook provides a detailed overview of country-level data and insights on the Canada data center construction market , including forecasts for subscribers. This country databook contains high-level insights into Canada data center construction market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Canada data center construction market size, by infrastructure, 2018-2030 (US$M)
Canada Data Center Construction Market Outlook Share, 2023 & 2030 (US$M)
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