Canada Data Discovery Market Size & Outlook, 2023-2030

The data discovery market in Canada is expected to reach a projected revenue of US$ 1,420.1 million by 2030. A compound annual growth rate of 17.3% is expected of Canada data discovery market from 2024 to 2030.
Revenue, 2023 (US$M)
$463.6
Forecast, 2030 (US$M)
$1,420.1
CAGR, 2024 - 2030
17.3%
Report Coverage
Canada

Canada data discovery market highlights

  • The Canada data discovery market generated a revenue of USD 463.6 million in 2023 and is expected to reach USD 1,420.1 million by 2030.
  • The Canada market is expected to grow at a CAGR of 17.3% from 2024 to 2030.
  • In terms of segment, solution was the largest revenue generating offering in 2023.
  • Services is the most lucrative offering segment registering the fastest growth during the forecast period.


Data discovery market data book summary

Market revenue in 2023USD 463.6 million
Market revenue in 2030USD 1,420.1 million
Growth rate17.3% (CAGR from 2023 to 2030)
Largest segmentSolution
Fastest growing segmentServices
Historical data2018 - 2022
Base year2023
Forecast period2024 - 2030
Quantitative unitsRevenue in USD million
Market segmentationSolution, Services
Key market players worldwideInternational Business Machines Corp, Microsoft Corp, Oracle Corp, Salesforce Inc, SAS AB, Alphabet Inc Class A, Amazon.com Inc, Open Text Corp, Cloudera, MicroStrategy Inc Class A


Other key industry trends

  • In terms of revenue, Canada accounted for 4.0% of the global data discovery 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 discovery 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 1,420.1 million by 2030.

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Data Discovery Market Companies

Name Profile # Employees HQ Website

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


Solution was the largest segment with a revenue share of 65.1% in 2023. Horizon Databook has segmented the Canada data discovery market based on solution, services covering the revenue growth of each sub-segment from 2018 to 2030.


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  • Our clientele includes a mix of data discovery 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.).
  • The rest of the revenue is generated working with academic and research not-for-profit institutes. We do our bit of pro-bono by working with these institutions at subsidized rates.

Horizon Databook provides a detailed overview of country-level data and insights on the Canada data discovery market , including forecasts for subscribers. This country databook contains high-level insights into Canada data discovery market from 2018 to 2030, including revenue numbers, major trends, and company profiles.

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Canada data discovery market size, by offering, 2018-2030 (US$M)

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

Canada data discovery market size, by offering, 2018-2030 (US$M)

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