Canada Hyperscale Computing Market Size & Outlook
The hyperscale computing market in Canada is expected to reach a projected revenue of US$ 30,453.4 million by 2030. A compound annual growth rate of 24.4% is expected of Canada hyperscale computing market from 2024 to 2030.
Revenue, 2023 (US$M)
$6,614.4
Forecast, 2030 (US$M)
$30,453.4
CAGR, 2024 - 2030
24.4%
Report Coverage
Canada
Canada hyperscale computing market, 2018-2030 (US$M)
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Canada hyperscale computing market highlights
- The Canada hyperscale computing market generated a revenue of USD 6,614.4 million in 2023 and is expected to reach USD 30,453.4 million by 2030.
- The Canada market is expected to grow at a CAGR of 24.4% from 2024 to 2030.
- In terms of segment, solution was the largest revenue generating component in 2023.
- Service is the most lucrative component segment registering the fastest growth during the forecast period.
Hyperscale computing market data book summary
| Market revenue in 2023 | USD 6,614.4 million |
| Market revenue in 2030 | USD 30,453.4 million |
| Growth rate | 24.4% (CAGR from 2023 to 2030) |
| Largest segment | Solution |
| Fastest growing segment | Service |
| Historical data | 2018 - 2022 |
| Base year | 2023 |
| Forecast period | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Solution, Service |
Other key industry trends
- In terms of revenue, Canada accounted for 9.5% of the global hyperscale computing 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. hyperscale computing 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 30,453.4 million by 2030.
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Hyperscale Computing Market Scope
Hyperscale computing market segmentation & scope
Hyperscale Computing Market Companies
| Name | Profile | # Employees | HQ | Website |
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Canada hyperscale computing market size, by component, 2018-2030 (US$M)
Canada Hyperscale Computing Market Outlook Share, 2023 & 2030 (US$M)
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