Canada Data Center Construction Market Size & Outlook

The data center construction market in Canada is expected to reach a projected revenue of US$ 16,581.2 million by 2030. A compound annual growth rate of 7.4% is expected of Canada data center construction market from 2024 to 2030.
Revenue, 2023 (US$M)
$10,031.7
Forecast, 2030 (US$M)
$16,581.2
CAGR, 2024 - 2030
7.4%
Report Coverage
Canada

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 2023USD 10,031.7 million
Market revenue in 2030USD 16,581.2 million
Growth rate7.4% (CAGR from 2023 to 2030)
Largest segmentIt infrastructure
Fastest growing segmentMiscellaneous Expenses
Historical data2018 - 2022
Base year2023
Forecast period2024 - 2030
Quantitative unitsRevenue in USD million
Market segmentationIT Infrastructure, Power Distribution & Cooling Infrastructure, Miscellaneous Expenses
Key market players worldwideCisco 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 segmentation & scope
Networking equipment
Server
Storage
Power Distribution
Cooling
Miscellaneous Expenses
Tier 1
Tier 2
Tier 3
Tier 4
IT & Telecom
BFSI
Government & Defense
Healthcare
Energy
Others

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)

Canada data center construction market size, by infrastructure, 2018-2030 (US$M)

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