Canada Data Center Market Size & Outlook, 2023-2030

The data center market in Canada is expected to reach a projected revenue of US$ 54,160.5 million by 2030. A compound annual growth rate of 9.8% is expected of Canada data center market from 2024 to 2030.
Revenue, 2023 (US$M)
$28,097.5
Forecast, 2030 (US$M)
$54,160.5
CAGR, 2024 - 2030
9.8%
Report Coverage
Canada

Canada data center market highlights

  • The Canada data center market generated a revenue of USD 28,097.5 million in 2023 and is expected to reach USD 54,160.5 million by 2030.
  • The Canada market is expected to grow at a CAGR of 9.8% from 2024 to 2030.
  • In terms of segment, hardware was the largest revenue generating component in 2023.
  • Software is the most lucrative component segment registering the fastest growth during the forecast period.

Data center market data book summary

Market revenue in 2023USD 28,097.5 million
Market revenue in 2030USD 54,160.5 million
Growth rate9.8% (CAGR from 2023 to 2030)
Largest segmentHardware
Fastest growing segmentSoftware
Historical data2018 - 2022
Base year2023
Forecast period2024 - 2030
Quantitative unitsRevenue in USD million
Market segmentationHardware, Software, Services
Key market players worldwideAlibaba Group Holding Ltd ADR, Amazon.com Inc, AT&T, Lumen Technologies Inc Ordinary Shares, Digital Realty Trust Inc, Equinix Inc, Alphabet Inc Class A, International Business Machines Corp, Microsoft Corp, NTT Data Group Corp, Oracle Corp, Tencent Holdings Ltd, Coresite, CyrusOne, China Telecom Americas

Other key industry trends

  • In terms of revenue, Canada accounted for 13.2% of the global data center 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 market is projected to lead the regional market in terms of revenue in 2030.
  • U.S. is the fastest growing regional market in North America and is projected to reach USD 110,449.0 million by 2030.

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Data Center Market Companies

Name Profile # Employees HQ Website

Canada data center 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 market will help companies and investors design strategic landscapes.


Hardware was the largest segment with a revenue share of 67.76% in 2023. Horizon Databook has segmented the Canada data center market based on hardware, software, services covering the revenue growth of each sub-segment from 2018 to 2030.


  • Canada Data Center Component Outlook (Revenue, USD Million, 2018-2030)
    • Hardware
      • Servers
      • Enterprise network equipment
      • PDU
      • UPS
      • Others
    • Software
      • DCIM
      • Virtualization
      • Others
    • Services
      • Managed Infrastructure Services
      • Hosting Services
      • Support Services
      • Professional services
  • Canada Data Center Type Outlook (Revenue, USD Million, 2018-2030)
    • On-premise
    • hyperscale
    • HPC
    • Colocation
    • Edge
  • Canada Data Center Rack Density Outlook (Revenue, USD Million, 2018-2030)
    • <10kW
    • 10-19kW
    • 20-29kW
    • 30-39kW
    • 40-49kW
    • >50kW
  • Canada Data Center Redundancy Outlook (Revenue, USD Million, 2018-2030)
    • N+1
    • 2N
    • N+2
    • N
  • Canada Data Center PUE Outlook (Revenue, USD Million, 2018-2030)
    • Less than 1.2
    • 1.2 - 1.5
    • 1.5 - 2.0
    • Greater than 2.0
  • Canada Data Center Design Outlook (Revenue, USD Million, 2018-2030)
    • Traditional
    • Containerized
    • Modular
  • Canada Data Center Tier Level Outlook (Revenue, USD Million, 2018-2030)
    • Tier 1
    • Tier 2
    • Tier 3
    • Tier 4
  • Canada Data Center Enterprise Size Outlook (Revenue, USD Million, 2018-2030)
    • Large Enterprises
    • Small and Medium Enterprises (SMEs)
  • Canada Data Center End-Use Outlook (Revenue, USD Million, 2018-2030)
    • Cloud Service Provider
    • Technology Provider
    • Telecom
    • Healthcare
    • BFSI
    • Retail & E-commerce
    • Entertainment & Media
    • Energy
    • Others

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Target buyers of Canada data center market databook

  • Our clientele includes a mix of data center market companies, investment firms, advisory firms & academic institutions.
  • 30% of our revenue is generated working with investment firms and helping them identify viable opportunity areas.
  • Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
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Horizon Databook provides a detailed overview of country-level data and insights on the Canada data center market , including forecasts for subscribers. This country databook contains high-level insights into Canada data center market from 2018 to 2030, including revenue numbers, major trends, and company profiles.

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

Canada Data Center Market Outlook Share, 2023 & 2030 (US$M)

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

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