Canada Data Center Colocation Market - Supply & Demand Analysis 2024-2029

CANADA DATA CENTER COLOCATION DEMAND AND SUPPLY HIGHLIGHTS

The Canada data center colocation market size was valued at USD 1.20 billion in 2023 and is expected to reach USD 1.85 billion by 2029, growing at a CAGR of 7.48% during the forecast period. Canada has over 111 operational colocation data centers. Most of the colocation data centers are being developed according to Tier III standards. The country has several operators such as Equinix, Cologix, Digital Realty eStruxture Data Centers (Fengate Asset Management), Urbacon Data Centre Solutions, Vantage Data Centers and others.

The Canada data center colocation market has been experiencing significant growth and development driven by several factors, such as increased digital transformation, rising data consumption, and favorable government policies. Also, the market is witnessing several mergers and acquisitions across the industry. For instance, in June 2024, Fengate Asset Management announced the acquisition of eStruxture Data Centers for around USD 1.3 billion.

As of 2023, the average occupancy rate of colocation data center facilities in Canada ranged over 85%. It is projected to exceed 87% by 2029 due to the rise in the use of cloud-based services and digitalization initiatives. Furthermore, Canada’s cool climate and abundant renewable energy resources make it an attractive location for sustainable data centers operations. Many data centers in the region are powered by hydroelectricity, and there is a strong focus on reducing carbon footprints and improving energy efficiency.

WHATS INCLUDED?

1. Transparent research methodology and insights on the market's colocation of demand and supply.
2. Market size is 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 regarding core & shell area, power, and rack in Canada and a comparison between North American countries.
5. The study of the existing Canada data center industry landscape and insightful predictions about industry size during the forecast period.
6. An analysis of the current and future colocation demand in Canada by several industries. 
7. Study on sustainability status in the region
8. Analysis of current and future cloud operations in the region.
9. Snapshot of upcoming submarine cables and existing cloud-on-ramps services in the region.
10. Snapshot of existing and upcoming third-party data center facilities in Canada
11. Facilities Covered (Existing): 111
12. Facilities Identified (Upcoming): 12
13. Coverage: 21 locations
14. Existing vs. Upcoming (White Floor Area)
15. Existing vs. Upcoming (IT Load Capacity)
16. Data Center Colocation Market in Canada
17. Colocation Market Revenue & Forecast (2023-2029)
18. Retail Colocation Revenue (2023-2029)
19. Wholesale Colocation Revenue (2023-2029)
20. Retail Colocation Pricing along with Addons
21. Wholesale Colocation Pricing along with the pricing trends. 
22. An analysis of the latest trends, potential opportunities, growth restraints, and prospects for the Canada data center colocation market.
23. Competitive landscape, including industry share analysis by the colocation operators based on IT power capacity and revenue.
24. The vendor landscape of each existing and upcoming colocation operator is based on the existing/ upcoming count of data centers, white floor area, IT power capacity, and data center location.

TARGET AUDIENCE

1. Real Estate Investment Trusts
2. Construction Contractors
3. Infrastructure Providers
4. New Entrants
5. Consultants/Consultancies/Advisory Firms
6. Corporate & Governments Agencies