Canada Hybrid Cloud Market Size & Outlook, 2023-2030

The hybrid cloud market in Canada is expected to reach a projected revenue of US$ 11,512.0 million by 2030. A compound annual growth rate of 15% is expected of Canada hybrid cloud market from 2024 to 2030.
Revenue, 2023 (US$M)
$4,321.7
Forecast, 2030 (US$M)
$11,512.0
CAGR, 2024 - 2030
15%
Report Coverage
Canada

Canada hybrid cloud market highlights

  • The Canada hybrid cloud market generated a revenue of USD 4,321.7 million in 2023 and is expected to reach USD 11,512.0 million by 2030.
  • The Canada market is expected to grow at a CAGR of 15% from 2024 to 2030.
  • In terms of segment, software as a service (saas) was the largest revenue generating service in 2023.
  • Infrastructure as a Service (IaaS) is the most lucrative service segment registering the fastest growth during the forecast period.

Hybrid cloud market data book summary

Market revenue in 2023USD 4,321.7 million
Market revenue in 2030USD 11,512.0 million
Growth rate15% (CAGR from 2023 to 2030)
Largest segmentSoftware as a service (saas)
Fastest growing segmentInfrastructure as a Service (IaaS)
Historical data2018 - 2022
Base year2023
Forecast period2024 - 2030
Quantitative unitsRevenue in USD million
Market segmentationInfrastructure as a Service (IaaS), Platform as a Service (PaaS), Software as a Service (SaaS)
Key market players worldwideAlibaba Group Holding Ltd ADR, Amazon.com Inc, Adobe Inc, Alphabet Inc Class A, Microsoft Corp, International Business Machines Corp, Oracle Corp, Salesforce Inc, SAP SE, Workday Inc Class A

Other key industry trends

  • In terms of revenue, Canada accounted for 3.7% of the global hybrid cloud 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. hybrid cloud 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 11,512.0 million by 2030.

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Hybrid Cloud Market Companies

Name Profile # Employees HQ Website

Canada hybrid cloud 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 hybrid cloud market will help companies and investors design strategic landscapes.


Software as a service (saas) was the largest segment with a revenue share of 53.31% in 2023. Horizon Databook has segmented the Canada hybrid cloud market based on infrastructure as a service (iaas), platform as a service (paas), software as a service (saas) covering the revenue growth of each sub-segment from 2018 to 2030.


  • Canada Hybrid Cloud Service Outlook (Revenue, USD Million, 2018-2030)
    • Infrastructure as a Service (IaaS)
    • Platform as a Service (PaaS)
    • Software as a Service (SaaS)
  • Canada Hybrid Cloud Application Outlook (Revenue, USD Million, 2018-2030)
    • BFSI
    • IT & Telecom
    • Retail & Cosumer Goods
    • Others
    • Government & Hybrid Sector
    • Government & Private Sector
    • Government & Public Sector
    • Media & Entertainment
    • Healthcare
    • Energy & Utilities
    • Manufacturing
  • Canada Hybrid Cloud Enterprise Size Outlook (Revenue, USD Million, 2018-2030)
    • Large Enterprises
    • Small & Medium Enterprises

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Target buyers of Canada hybrid cloud market databook

  • Our clientele includes a mix of hybrid cloud 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 hybrid cloud market , including forecasts for subscribers. This country databook contains high-level insights into Canada hybrid cloud market from 2018 to 2030, including revenue numbers, major trends, and company profiles.

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Canada hybrid cloud market size, by service, 2018-2030 (US$M)

Canada Hybrid Cloud Market Outlook Share, 2023 & 2030 (US$M)

Canada hybrid cloud market size, by service, 2018-2030 (US$M)

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