CANADA DATA CENTER MARKET SIZE & SHARE ANALYSIS – GROWTH TRENDS & FORECASTS (2024

Market Snapshot

The Canada Data Center Market is segmented by hotspot (Ontario, Quebec), data center size (large, massive, medium, mega, small), tier type (Tier 1 and 2, Tier 3, Tier 4), and absorption (non-utilized, utilized). Key data points include IT load capacity for existing and upcoming data centers, current and upcoming hotspots, average mobile data consumption, volume of fiber cable connectivity in KM, existing and upcoming submarine cables, rack space utilization, and the number of data centers by tier.

Market Overview

The Canada Data Center Market is experiencing robust growth, driven by significant investments in IoT, AI, and other technologies that are generating large amounts of data. Key hotspots such as Ontario and Quebec are seeing increased demand for data center infrastructure. The market is expected to see strong growth, particularly in Tier 3 and Tier 4 facilities, to meet the rising demand for efficient and reliable data services.

Key Market Trends

Increasing Data Consumption: With the rise in data traffic from smartphones and mobile-connected devices, the need for more data centers is increasing. This is further driven by the expansion of e-commerce and higher digital engagement.
Adoption of Advanced Technologies: The rapid adoption of IoT, AI, and other advanced technologies across various sectors is significantly contributing to data generation, thereby boosting the demand for data centers.
5G Network Expansion: The deployment of 5G networks is enhancing data consumption and driving the need for advanced data center facilities to manage the increased data traffic.
Digital Transformation: The growing reliance on digital banking, e-commerce, and other online services is pushing the demand for data centers to handle large volumes of transactions and data.

Competitive Landscape

The Canada Data Center Market is fragmented, with key players focusing on expanding their facilities and investing in new technologies. Major players include Beanfield Technologies Inc. (Beanfield Metroconnect), Cyxtera Technologies, Digital Realty Trust Inc., Equinix Inc., and Sungard Availability Services LP. These companies are enhancing their market presence through strategic partnerships and significant investments in infrastructure.

Major Players

Beanfield Technologies Inc. (Beanfield Metroconnect): Provides robust data center solutions and is expanding its footprint across Canada.
Cyxtera Technologies: Known for its comprehensive data center and colocation services, offering high-performance infrastructure solutions.
Digital Realty Trust Inc.: A leading provider of data center, colocation, and interconnection solutions globally, with significant operations in Canada.
Equinix Inc.: Offers a wide range of data center and cloud services, leveraging its global network and expertise.
Sungard Availability Services LP: Provides high availability and disaster recovery solutions, ensuring business continuity for its clients.

Recent Developments

June 2022: Cologix announced its continued strategic partnership with Console Connect by PCCW Global, deploying the Console Connect Software-Defined Interconnection platform at Cologix’s TOR1 data center in Toronto.
May 2022: NetIX partnered with eStruxture to provide global connectivity solutions in Canada, enabling customers to access all of NetIX’s global locations and Internet Exchange Points (IXPs).
March 2022: eStruxture signed a definitive agreement to acquire all 8 Canadian data centers from Aptum Technologies, expanding its portfolio to strategic locations across Montreal, Vancouver, and Calgary.

Table of Content

1. INTRODUCTION

1.1. Study Assumptions & Market Definition

1.2. Scope of the Study

1.3. Research Methodology

1.3.1. Secondary Research

1.3.2. Primary Research

1.4. Executive Summary & Key Findings Report

1.5. Global Overview

1.5.1. Porter’s Five Forces Framework

1.5.2. Global Value Chain Analysis

1.5.3. Drivers, Restraints, and Opportunities

1.5.4. Technological Advancements

2. MARKET OUTLOOK

2.1. It Load Capacity

2.2. Raised Floor Space

2.3. Colocation Revenue

2.4. Installed Racks

2.5. Rack Space Utilization

2.6. Submarine Cable

3. KEY INDICATIVE METRICS

3.1. Smartphone Users

3.2. Data Traffic Per Smartphone

3.3. Mobile Data Speed

3.4. Broadband Data Speed

3.5. Fiber Connectivity Network

3.6. Regulatory Framework

3.6.1. Canada

3.7. Value Chain & Distribution Channel Analysis

4. MARKET SEGMENTATION (INCLUDES MARKET SIZE, FORECASTS AND ANALYSIS OF GROWTH PROSPECTS)

4.1. Hotspot

4.1.1. Ontario

4.1.2. Quebec

4.1.3. Rest of Canada

4.2. Data Center Size

4.2.1. Large

4.2.2. Massive

4.2.3. Medium

4.2.4. Mega

4.2.5. Small

4.3. Tier Type

4.3.1. Tier 1 and 2

4.3.2. Tier 3

4.3.3. Tier 4

4.4. Absorption

4.4.1. Non-Utilized

4.4.2. Utilized

4.4.2.1. By Colocation Type

4.4.2.1.1. Hyperscale

4.4.2.1.2. Retail

4.4.2.1.3. Wholesale

4.4.2.2. By End User

4.4.2.2.1. BFSI

4.4.2.2.2. Cloud

4.4.2.2.3. E-Commerce

4.4.2.2.4. Government

4.4.2.2.5. Manufacturing

4.4.2.2.6. Media & Entertainment

4.4.2.2.7. Telecom

4.4.2.2.8. Other End User

5. COMPETITIVE LANDSCAPE

5.1. Market Share Analysis

5.2. Company Landscape

5.3. Company Profiles

5.3.1. Beanfield Technologies Inc. (Beanfield Metroconnect)

5.3.2. CentriLogic Inc.

5.3.3. Cologix Inc.

5.3.4. Core Data Centres Inc.

5.3.5. Cyxtera Technologies

5.3.6. Digital Realty Trust Inc.

5.3.7. Equinix Inc.

5.3.8. eStruxture Data Centers Inc.

5.3.9. Fibre Centre

5.3.10. Rack and Data

5.3.11. Sungard Availability Services LP

5.3.12. Vantage Data Centers LLC

5.4. LIST OF COMPANIES STUDIED

6. KEY STRATEGIC QUESTIONS FOR INDUSTRY PROFESSIONALS IN DATA CENTER MARKET

7. APPENDIX

Research Methodology

Data Collection and Analysis Methods

Datanumero’s research methodology encompasses a thorough approach aimed at ensuring accuracy and reliability in market estimation and forecasting. Our process begins with preliminary data mining, where we gather raw market data from a diverse range of validated sources. This data undergoes rigorous filtration to ensure authenticity, with inputs also drawn from reputable reports, paid databases, and our repository. Our goal is to map the complete market value chain, gathering insights from raw material suppliers, distributors, and buyers.Additionally, we delve into technical issues and trends through surveys, technical symposia, and trade journals, focusing on intellectual property perspectives such as white space and freedom of movement. Industry dynamics, including drivers, restraints, and pricing trends, are thoroughly examined. This approach ensures that our material is rich in original data, further cross-validated and authenticated with published sources for accuracy.Market estimates and forecasts are derived using sophisticated statistical models tailored to each study. These models incorporate inputs on market dynamics, technology landscapes, application development, and pricing trends. We analyze these factors comparatively, quantifying their impact using correlation, regression, and time series analysis. Our forecasting techniques combine economic tools, technological analysis, industry experience, and domain expertise.Primary validation represents the final step, involving exhaustive interviews with key industry participants. These interviews, conducted globally and across various language barriers, validate our findings and assumptions. Key industry participants include market-leading companies, raw material suppliers, product distributors, and buyers. This primary research not only ensures data accuracy but also provides critical insights into the current market scenario, business landscape, and future expectations, enhancing the quality of our reports.

Industry Analysis Approach

In our analysis, we employ both qualitative and quantitative methodologies. Qualitatively, we delve into the industry landscape, trends, market dynamics, and key issues. We explore the technology landscape and identify market opportunities for our clients. Our approach includes Porter’s analysis and PESTEL analysis to understand the competitive landscape and conduct component benchmarking.On the quantitative front, we provide market revenue estimates and forecasts up to specified timeframes, including breakdowns by technology, application, type, and component. Regional market revenue forecasts are also provided, giving clients a comprehensive view of market dynamics across different geographical areas.By integrating these methodologies, DataNumero ensures a holistic, unbiased, and accurate assessment of market trends, opportunities, and future expectations, positioning us as a professional and reliable market research partner.

CANADA DATA CENTER MARKET SIZE & SHARE ANALYSIS – GROWTH TRENDS & FORECASTS (2024 – 2030)