Canada Data Center Market Investment Analysis Report 2024: Investments of $9.04 Billion by 2029, Growing at a CAGR of 10.26% during 2023-2029 - ResearchAndMarkets.com (2024)

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Published Mar 01, 20244 minute read

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DUBLIN — The “Canada Data Center Market – Investment Analysis & Growth Opportunities 2024-2029” report has been added to ResearchAndMarkets.com’s offering.

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The Canada data center market size will witness investments of USD 9.04 billion by 2029, growing at a CAGR of 10.26% from 2023-2029.

This report analyses the Canada data center market share. It elaboratively analyses the existing and upcoming facilities and investments in IT, electrical, mechanical infrastructure, general construction, and tier standards. It discusses market sizing and investment estimation for different segments.

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Canada has around 117 operational colocation data centers. Most colocation data centers are being developed according to Tier III standards. The Canada data center market has the presence of some local and global operators such as Cologix, Equinix, Digital Realty, eStruxture Data Centers, Urbacon Data Centre Solutions, and Vantage Data Centers, among others.

In December 2023, AWS announced the launch of its new AWS Canada West (Calgary) Region, with three Availability Zones (AZs). The company plans to invest around USD 18 billion towards expanding Canada’s West and Central regions by 2037.

The increase in the adoption of cloud-based services in the country is growing the establishment of cloud regions by major cloud services providers such as Microsoft, Oracle, Google, Amazon Web Services, and Tencent Cloud. Increasing investments in prime locations such as Montreal and Toronto will increase land prices. Such factors may propel operators to shift their focus to emerging locations such as Calgary, Quebec City, and others during the forecast period.

The hyperscale self-built investment by Microsoft and AWS will likely increase the power capacity in the Canada data center market during the forecast period. The deployment of 5G networks will boost the region’s digital economy and lead to a higher demand for high-bandwidth networking infrastructure. The adoption of Software Defined Networking (SDN) is likely to increase owing to smart city initiatives carried out by government agencies.

WHY SHOULD YOU BUY THIS RESEARCH?

  • Market size available in the investment, area, power capacity, and Canada colocation market revenue.
  • An assessment of the data center investment in Canada by colocation, hyperscale, and enterprise operators.
  • Investments in the area (square feet) and power capacity (MW) across cities in the country.
  • A detailed study of the existing Canada data center market landscape, an in-depth industry analysis, and insightful predictions about market size during the forecast period.
  • Snapshot of existing and upcoming third-party data center facilities in Canada:
    • I. Facilities Covered (Existing): 117
    • II. Facilities Identified (Upcoming): 13
    • III. Coverage: 22 Cities
    • IV. Existing vs. Upcoming (Area)
    • V. Existing vs. Upcoming (IT Load Capacity)
  • Data Center Colocation Market in Canada:
    • I. Colocation Market Revenue & Forecast (2023-2029)
    • II. Wholesale vs. Retail Colocation Revenue (2023-2029)
    • III. Retail Colocation Pricing
    • IV. Wholesale Colocation Pricing
  • The Canada data center market investments are classified into IT, power, cooling, and general construction services with sizing and forecast.
  • A comprehensive analysis of the latest trends, growth rate, potential opportunities, growth restraints, and prospects for the market.
  • Business overview and product offerings of prominent IT infrastructure providers, construction contractors, support infrastructure providers, and investors operating in the market.
  • A transparent research methodology and the analysis of the demand and supply aspects of the market.

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KEY QUESTIONS ANSWERED

  • How big is the Canada data center market?
  • How many existing and upcoming data center facilities exist in Canada?
  • What is the growth rate of the Canada data center market?
  • How much MW of power capacity will be added across Canada during 2024-2029?
  • What factors are driving the Canada data center market?
  • Who are the key investors in the Canada data center market?

Key Attributes:

Report AttributeDetails
No. of Pages141
Forecast Period2023 – 2029
Estimated Market Value (USD) in 2023$5.03 Billion
Forecasted Market Value (USD) by 2029$9.04 Billion
Compound Annual Growth Rate10.2%
Regions CoveredCanada

VENDOR LANDSCAPE

IT Infrastructure Providers

  • Arista Networks
  • Atos
  • Broadcom
  • Cisco Systems
  • Dell Technologies
  • Hewlett Packard Enterprise
  • Huawei Technologies
  • IBM
  • Juniper Networks
  • Lenovo
  • NetApp
  • Oracle

Data Center Construction Contractors & Sub-Contractors

  • Arup
  • AECOM
  • Black & Veatch
  • Computer Room Services Corporation (CRSC)
  • DPR Construction
  • Ehvert
  • EllisDon
  • First Gulf
  • Karbon Engineering
  • PCL Construction
  • Salute Mission Critical
  • Turner Construction
  • Urbacon
  • WZMH Architects

Support Infrastructure Providers

  • ABB
  • Alfa Laval
  • Arctic Chiller Group
  • Caterpillar
  • Chatsworth Products
  • ClimateWorx
  • Cummins
  • CoolIT Systems
  • Dataprobe
  • Delta Electronics
  • Eaton
  • Generac Power Systems
  • Johnson Controls
  • KyotoCooling
  • Legrand
  • Mitsubishi Electric
  • Panduit
  • Piller Power Systems
  • Rittal
  • Rolls-Royce
  • Schneider Electric
  • STULZ
  • Siemens
  • Toshiba
  • Trane
  • Vertiv

Data Center Investors

  • Amazon Web Services (AWS)
  • Cologix
  • Compass Datacenters
  • Digital Realty
  • Equinix
  • eStruxture Data Centers
  • Google
  • Microsoft
  • OVHcloud
  • STACK Infrastructure
  • Urbacon Data Centre Solutions
  • Vantage Data Centers

New Entrants

  • Gatineau Data Hub (GDH)
  • Qscale
  • Telehouse

EXISTING VS. UPCOMING DATA CENTERS

Existing Facilities in the Region (Area and Power Capacity):

  • Montreal
  • Toronto
  • Other Cities

List of Upcoming Facilities in the region (Area and Power Capacity):

  • Montreal
  • Toronto
  • Other Cities

For more information about this report visit https://www.researchandmarkets.com/r/flkcy9

About ResearchAndMarkets.com

ResearchAndMarkets.com is the world’s leading source for international market research reports and market data. We provide you with the latest data on international and regional markets, key industries, the top companies, new products and the latest trends.

Canada Data Center Market Investment Analysis Report 2024: Investments of $9.04 Billion by 2029, Growing at a CAGR of 10.26% during 2023-2029 - ResearchAndMarkets.com (5)

View source version on businesswire.com: https://www.businesswire.com/news/home/20240301958781/en/

Canada Data Center Market Investment Analysis Report 2024: Investments of $9.04 Billion by 2029, Growing at a CAGR of 10.26% during 2023-2029 - ResearchAndMarkets.com (6)

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