Canada Data Center Market - Investment Analysis & Growth Opportunities 2025-2030

CANADA DATA CENTER MARKET SIZE & OVERVIEW

The Canada data center market size will witness investments of USD 12.27 billion by 2030, growing at a CAGR of 14.54% during the forecast period.

Canada is one of the most developed data center markets in North America, and the Canada data center market has witnessed investment in data centers from global and local data center operators. For instance, In January 2025, Nadia Partners, a venture capital firm, announced the launch of a new data center firm, Beacon AI Centers. The company plans to develop AI data centers across Montreal, Canada.

Canada has a strong infrastructure including a reliable network of submarine cables and high-speed internet connectivity. It has around 18 undersea cables that connect the U.S., Iceland, the UK, Greenland, Ireland, Japan, Saint Pierre, and Miquelon. The country is set to host around three upcoming submarine cables such as EAUFON 3, Leif Erikson, and Sunoque III. Additionally, Canada has around 29 internet exchange points such as Montreal (QIX), Toronto (TORIX), Vancouver (VANIX), and Calgary (YYCIX), among others. Furthermore, the Canadian government supports investment in AI technology. For instance, in December 2024, the Minister of Innovation, Science, and Industry of Canada launched the Canadian Sovereign AI Compute Strategy. Under this strategy, the government is likely to invest around USD 2 billion to support AI in Canada.

The Canadian government supports green energy and has taken the initiative to attract renewable energy investors by offering tax incentives for clean energy technologies. For instance, the government offers a refundable tax credit of 30% for investment in electricity generation systems, stationary electricity storage systems, low-carbon heat equipment, industrial zero-emissions vehicles, and related charging or refueling equipment.

KEY HIGHLIGHTS

1. Canada is witnessing significant investment in AI-ready data centers. For instance, in October 2024, eStruxture announced plans to build a new AI-ready data center in Calgary, Alberta, with an investment of around USD 540 million. The facility is likely to offer a power capacity of around 90 MW; will support rack densities of up to 125 kW and is expected to be operational by 2026.
2. With the development of AI-ready data centers in the Canada data center market, the demand for liquid cooling solutions is also expected to grow. For instance, in January 2025, Bit Digital plans to upgrade its acquired facility MTL2 with direct-to-chip liquid cooling technology to support AI and other high-performance workloads.
3. Major cloud service providers, including Amazon Web Services (AWS), Google, IBM, Microsoft, Oracle, and Tencent Cloud have a strong presence in the Canada data center market. In addition, existing cloud operators are expanding their cloud infrastructure due to the rising demand for cloud computing in Canada. For instance, in June 2024, Microsoft announced the start of construction on the first phase of its new data center in Quebec, which is expected to be completed by 2026.
4. Operators in the Canada data center market are procuring renewable energy for their operations. For instance, the TOR01 data center campus by STACK Infrastructure is powered by 100% renewable energy. The second phase of the development will see hydroelectric power delivered by Toronto Hydro through its three diverse substations.
5. The Canadian government and private companies have taken the initiative to upskill Canadian workers according to industry demand. For instance, AWS announced that, through its 'AI Ready' initiative, it will provide free AI and generative AI skills training and education to two million people by 2025.
6. According to the International Trade Administration (ITA), the Canadian digital economy is expected to grow at a CAGR of around 9% through 2025. This growth is driven by factors such as increased adoption of e-commerce, investments in AI, and the expansion of digital payment in Canada.

WHY SHOULD YOU BUY THIS RESEARCH?

1. Market size available in the investment, area, power capacity, and Canada colocation market revenue.
2. An assessment of the data center investment in Canada by colocation, hyperscale, and enterprise operators.
3. Data center investments in the area (square feet) and power capacity (MW) across cities in the country.
4. A detailed study of the existing Canada data center market landscape, an in-depth market analysis, and insightful predictions about the Canada data center market size during the forecast period.
5. Snapshot of existing and upcoming third-party data center facilities in Canada
6. Facilities Covered (Existing): 112
7. Facilities Identified (Upcoming): 11
8. Coverage: 20+ Cities
9. Existing vs. Upcoming (Data Center Area)
10. Existing vs. Upcoming (IT Load Capacity)
11. Data center colocation market in Canada
12. Colocation Market Revenue & Forecast (2021-2030)
13. Retail & Wholesale Colocation Pricing
14. The Canada data center landscape market investments are classified into IT, power, cooling, and general construction services with sizing and forecast.
15. A comprehensive analysis of the latest trends, growth rate, potential opportunities, growth restraints, and prospects for the industry.
16. Business overview and product offerings of prominent IT infrastructure providers, construction contractors, support infrastructure providers, and investors operating in the industry.
17. A transparent research methodology and the analysis of the demand and supply aspects of the market.

VENDOR LANDSCAPE

1. The Canada data center market has the presence of several global support infrastructure providers that will increase its competitiveness in the market. Some of the support infrastructure vendors present in the Canada data center market include ABB, Alfa Laval, Caterpillar, Cummins, Delta Electronics, Eaton, Johnson Controls, Legrand, Schneider Electric, Vertiv, and others.
2. Some of the key colocation data center investors in the Canada data center market include Cologix, Compass Datacenters Digital Realty, Equinix eStruxture Data Centers, Qscale, Urbacon Data Centre Solutions, Vantage Data Centers, and Others.
3. The rising demand and significant growth opportunities have led to an increase in the investment in data centers from new entrants. These new entrants in the Canada data center market include Beacon AI Centers, Bit Digital, Cohere+ CoreWeave, Gatineau Data Hub (GDH), and Yondr. The rise in new entrants will increase competitiveness in revenue generation in the market in the coming years.
4. The Canada data center market has several local and global construction contractors operating in the market including Arup, AECOM, Bird Construction Black & Veatch, DPR Construction, First Gulf, HDR, Jacobs, Karbon Engineering, PCL Construction, Pomerleau, Revenco, Rider Levett Bucknall (RLB), Salas O’Brien, Salute, Stantec, Turner Construction and others that have been offering their services in the market. For instance, In July 2024, Salas O'Brien announced the merger with Ehvert Mission Critical to offer design and construction services for hyperscale data centers.

EXISTING VS. UPCOMING DATA CENTERS

1. Existing Facilities in the Region (Area and Power Capacity)
2. Montreal
3. Toronto
4. Other Cities
5. List of Upcoming Facilities in the Region (Area and Power Capacity)
6. Montreal
7. Toronto
8. Other Cities

REPORT COVERAGE:

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. The segmentation includes:

1. IT Infrastructure
2. Servers
3. Storage Systems
4. Network Infrastructure
5. Electrical Infrastructure
6. UPS Systems
7. Generators
8. Transfer Switches & Switchgears
9. PDUs
10. Other Electrical Infrastructure
11. Mechanical Infrastructure
12. Cooling Systems
13. Rack Cabinets
14. Other Mechanical Infrastructure
15. Cooling Systems
16. CRAC & CRAH Units
17. Chiller Units
18. Cooling Towers, Condensers & Dry Coolers
19. Other Cooling Units
20. General Construction
21. Core & Shell Development
22. Installation & Commissioning Services
23. Engineering & Building Design
24. Fire Detection & Suppression Systems
25. Physical Security
26. Data Center Infrastructure Management (DCIM)
27. Tier Standard
28. Tier I & Tier II
29. Tier III
30. Tier IV
31. Geography
32. Montreal
33. Toronto
34. Other Cities

VENDOR LANDSCAPE

1. IT Infrastructure Providers: Arista Networks, Atos, Broadcom, Cisco Systems, Dell Technologies, Hewlett Packard Enterprise, Huawei Technologies, IBM, Juniper Networks, Lenovo, NetApp, and Oracle.
2. Data Center Construction Contractors & Sub-Contractors: Arup, AECOM, Bird Construction Black & Veatch, Computer Room Services Corporation (CRSC), DPR Construction, EllisDon, First Gulf, HDR, Jacobs, Karbon Engineering, PCL Construction, Pomerleau, Revenco, Rider Levett Bucknall (RLB), Salas O’Brien, Salute, Stantec, Turner Construction, TAG Engineering, Urbacon, and WZMH Architects.
3. Support Infrastructure Providers: ABB, Alfa Laval, Caterpillar, Chatsworth Products, ClimateWorx, Cummins, CoolIT Systems, Dataprobe, Delta Electronics, Eaton, Generac, Johnson Controls, KyotoCooling, Legrand, Mitsubishi Electric, Panduit, Piller Power Systems, Rittal, Rolls-Royce, Schneider Electric, Siemens, STULZ, Toshiba, Trane, and Vertiv.
4. Data Center Investors: Cologix, Compass Datacenters, Digital Realty, Equinix, eStruxture Data Centers, Google, Microsoft, OVHcloud, Qscale, STACK Infrastructure, Telehouse, Urbacon Data Centre Solutions, and Vantage Data Centers.
5. New Entrants: Beacon AI Centers, Bit Digital, Cohere+ CoreWeave, Gatineau Data Hub (GDH), and Yondr.

TARGET AUDIENCE

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