Canada Server Market Size & Outlook, 2023-2030
Canada server market, 2018-2030 (US$M)
Related Markets
Canada server market highlights
- The Canada server market generated a revenue of USD 1,670.0 million in 2023 and is expected to reach USD 2,830.0 million by 2030.
- The Canada market is expected to grow at a CAGR of 7.8% from 2024 to 2030.
- In terms of segment, rack was the largest revenue generating product in 2023.
- Rack is the most lucrative product segment registering the fastest growth during the forecast period.
Server market data book summary
| Market revenue in 2023 | USD 1,670.0 million |
| Market revenue in 2030 | USD 2,830.0 million |
| Growth rate | 7.8% (CAGR from 2023 to 2030) |
| Largest segment | Rack |
| Fastest growing segment | Rack |
| Historical data | 2018 - 2022 |
| Base year | 2023 |
| Forecast period | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Rack, Blade, Tower, Micro, Open Compute Project |
| Key market players worldwide | Asustek Computer Inc GDR, Cisco Systems Inc, Dell Technologies Inc Ordinary Shares - Class C, Fujitsu Ltd, Hewlett Packard Enterprise Co, International Business Machines Corp, Intel Corp, Lenovo Group Ltd, NEC Corp, Oracle Corp, Quantum Computing Inc, SMART Global Holdings Inc, Super Micro Computer Inc, Inspur Group, Huawei Technologies |
Other key industry trends
- In terms of revenue, Canada accounted for 1.8% of the global server 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. server 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 70,560.0 million by 2030.
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Server Market Scope
Server Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|
Canada server 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 server market will help companies and investors design strategic landscapes.
Rack was the largest segment with a revenue share of 35.72% in 2023. Horizon Databook has segmented the Canada server market based on rack, blade, tower, micro, open compute project covering the revenue growth of each sub-segment from 2018 to 2030.
Canada is projected to witness a growth rate of 7.8% over the forecast period. The market growth can be attributed to the high number of SMBs (1.2 million SMBs in 2019, according to the Government of Canada) and government initiatives such as the Canada Digital Adoption Program (CDAP), which offers grants of up to USD 2,400 to boost online sales.
Moreover, the improving business digitalization is expected to directly fuel the need for servers for functionalities such as storing, computing, and databases, thus driving the growth of the Canadian server market over the forecast period.
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Our clientele includes a mix of server market companies, investment firms, advisory firms & academic institutions.
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Horizon Databook provides a detailed overview of country-level data and insights on the Canada server market , including forecasts for subscribers. This country databook contains high-level insights into Canada server market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Canada server market size, by product, 2018-2030 (US$M)
Canada Server Market Outlook Share, 2023 & 2030 (US$M)
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