Canada Data Center Colocation Market Analysis Report Includes Colocation Supply, Colocation Demand, & Colocation Revenue. Get Insights on 111 Existing Colocation Facilities and 29 Upcoming Facilities Across Canada.

Canada Data Center Colocation Market – Supply & Demand Analysis 2025-2030

CANADA DATA CENTER COLOCATION DEMAND AND SUPPLY HIGHLIGHTS

The Canada data center colocation market was valued at USD 1.38 billion in 2024 and is projected to reach USD 2.11 billion by 2030, expanding at a CAGR of 7.33% during the forecast period. As of December 2024, Canada hosts approximately 111 operational colocation data centers. This number is expected to rise steadily as both established operators and new entrants continue to invest in expanding the country’s digital infrastructure.

Toronto and Montreal remain the primary hubs for data center development in Canada, supported by ongoing investments in advanced facilities and dedicated cloud infrastructure. Toronto accounts for around 35 operational data center facilities, followed by Montreal with approximately 29 facilities. Key colocation service providers operating in the Canadian market include Cologix, Compass Datacenters, Digital Realty, eStruxture Data Centers (Fengate Asset Management), Equinix, Telehouse, Urbacon Data Centre Solutions, and Vantage Data Centers, among others.

The competitive landscape strengthened further in 2024 with the entry of new players such as Beacon AI Centers, AVAIO Capital, O’Leary Ventures, Prairie Sky Data Solutions, Woodland Cree First Nation, Nordik Data Centers & Accelsius, and Yondr. The presence of these new entrants is expected to intensify competition and drive higher revenue opportunities for construction firms, contractors, and infrastructure vendors.

In terms of demand, the cloud and IT sector dominated the Canadian colocation market in 2024, accounting for more than 75% of total revenue. Other major contributing industries included entertainment and media, telecommunications, BFSI, retail and e-commerce, energy, and government organizations.

As of December 2024, the average occupancy rate across Canadian data center facilities stood at approximately 85%, indicating a vacancy rate of around 15%. This vacancy rate is anticipated to decline to nearly 12% by 2030, driven by accelerating cloud adoption and the growing deployment of AI-driven workloads.

WHAT'S INCLUDED?

1. A transparent research methodology and insights on the colocation demand and supply aspect of the market.
2. Market size available in terms of utilized white floor area, IT power capacity, and racks.
3. Market size available in terms of Core & Shell Vs Installed Vs Utilized IT Power Capacity, along with the occupancy %.
4. An assessment and snapshot of the colocation investment in Canada.
5. The study of the existing Canada data center colocation market landscape, and insightful predictions about the Canada data center colocation market size during the forecast period.
6. An analysis of the current and future colocation demand in Canada by several industries.
7. Impact of AI on the Data Center Industry in Canada.
8. The study on the sustainability status in Canada.
9. Analysis of current and future cloud operations in Canada.
10. The snapshot of upcoming submarine cables and existing cloud-on-ramps services in Canada.
11. Snapshot of existing and upcoming third-party data center facilities in Canada
12. Facilities Covered (Existing): 111
13. Facilities Identified (Upcoming): 29
14. Coverage: 20+ locations
15. Existing vs. Upcoming (White Floor Area)
16. Existing vs. Upcoming (IT Load Capacity)
17. Data center colocation market in Canada
18. Colocation Market Revenue & Forecast (2024-2030)
19. Retail Colocation Revenue (2024-2030)
20. Wholesale Colocation Revenue (2024-2030)
21. Retail Colocation Pricing along with Addons
22. Wholesale Colocation Pricing, along with the pricing trends.
23. An analysis of the latest trends, potential opportunities, growth restraints, and prospects for the colocation data center industry in Canada.
24. Competitive landscape, including market share analysis by the colocation operators based on IT power capacity and revenue.
25. Vendor landscape of each existing and upcoming colocation operators based on existing/ upcoming count of data centers, white floor area, IT power capacity, and data center location.