Canada Cloud Computing Market Size & Share Analysis - Growth Trends & Forecasts (2025 - 2030)

The Canadian Cloud Computing Market Report is Segmented by Type (Public Cloud [IaaS, Paas, and Saas], Private Cloud, and Hybrid Cloud), Organization Size (SMEs and Large Enterprises), and End-User Industries (Manufacturing, Education, Retail, Transportation and Logistics, Healthcare, BFSI, Telecom and IT, Government and Public Sector, and Other End-User Industries (Utilities, Media & Entertainment, Etc. )). The Market Sizes and Forecasts are Provided in Terms of Value in USD for all the Above Segments.

Canada Cloud Computing Market Size & Share Analysis - Growth Trends & Forecasts (2025 - 2030)

Canada Cloud Computing Market Size

Canada Cloud Computing Market Summary
Study Period 2019 - 2030
Base Year For Estimation 2024
Forecast Data Period 2025 - 2030
Market Size (2025) USD 46.29 Billion
Market Size (2030) USD 99.95 Billion
CAGR (2025 - 2030) 16.64 %
Market Concentration Medium

Major Players

Canada Cloud Computing Market Major Players

*Disclaimer: Major Players sorted in no particular order

Compare market size and growth of Canada Cloud Computing Market with other markets in Technology, Media and Telecom Industry

Automation

Digital Commerce

Electronics

Information Technology

Media and Entertainment

Security & Surveillance

Canada Cloud Computing Market Analysis

The Canada Cloud Computing Market size is estimated at USD 46.29 billion in 2025, and is expected to reach USD 99.95 billion by 2030, at a CAGR of 16.64% during the forecast period (2025-2030).

  • Cloud-based infrastructure provides flexible and on-demand resource access, supporting new digital business solutions. This technology is beneficial for enterprise resource planning (ERP), online transaction processing (OLTP), and supply chain management (SCM) across various sectors.
  • Enterprise routers are crucial products used daily by businesses globally. Emerging technologies, such as big data, artificial intelligence (AI), and machine learning (ML), drive the increasing global demand for cloud computing. The growing focus on customer-centric applications to enhance consumer satisfaction also contributes to the rise in these technologies.
  • In April 2024, IBM announced its intention to set up a new Cloud Multizone Region (MZR) in Montreal, Quebec. This facility is designed to help clients adapt to evolving regulatory requirements while leveraging technologies such as Generative AI on a secure enterprise cloud platform. The Montreal MZR will comprise three Availability Zones—separate locations within the data center or cloud infrastructure—designed to deliver consistent cloud services, bolster resiliency, and cater to mission-critical workloads.
  • The market is also witnessing several investments that significantly drive the adoption of cloud computing. In June 2024, the federal and provincial governments highlighted the importance of the Arbutus Cloud infrastructure for Canadian research. The Digital Research Alliance of Canada allocated USD 10.28 million to revitalize the Arbutus Cloud infrastructure, marking it as one of the nation's five National Host Sites and the country's premier research cloud. Additionally, the Government of British Columbia announced an investment of up to USD 6.14 million to support the renewal efforts for the Arbutus Cloud.
  • Organizations increasingly require secure and efficient solutions to facilitate remote work for their employees, including contact center agents and creative professionals. Providers are addressing this need by offering specialized cloud-based solutions that ensure security, timeliness, and cost-effectiveness.
  • Cloud computing, a technology that provides on-demand platforms, software, and infrastructure, is vulnerable to various data breaches. When assured of strong security measures, customers still express concerns about outsourcing their data to public cloud services. Despite the efforts of cloud service providers to protect client data, several data breach incidents have affected even the most prominent businesses.
  • Surfshark reported that in 2023, Canada recorded over 167,000 exposed data points for every thousand individuals. A global survey in 2023 revealed that 70% of organizations faced a heightened risk of a significant cyberattack within the following year. In Canada, 58% of surveyed Chief Information Security Officers (CISOs) across diverse industries acknowledged the cyberattack risk for their companies in 2023.

Canada Cloud Computing Industry Overview

The Canadian cloud computing market is semiconsolidated, with numerous players competing for market share. Many companies form strategic partnerships and expand into new markets to strengthen their positions. Key players include industry leaders such as Amazon Web Services, Google LLC, Microsoft Corporation, Alibaba Cloud, and Salesforce Inc.

  • June 2024: Oracle and Google Cloud announced a strategic partnership, allowing customers to integrate Oracle Cloud Infrastructure (OCI) with Google Cloud technologies. This collaboration aims to accelerate the migration and modernization of applications. Google Cloud's Cross-Cloud Interconnect will be available in 11 global regions, enabling customers to deploy general workloads without cross-cloud data transfer fees. Later this year, Oracle Database@Google Cloud is expected to be introduced. This new offering will provide the highest Oracle database performance and network capabilities, with feature and pricing parity with OCI.
  • May 2024: Applied Cloud Computing (ACC), a cloud consulting and services company, announced a strategic partnership with Oracle Inc., a prominent cloud infrastructure provider, and RackWare Inc., a specialist in enterprise cloud migration and management. This partnership aims to deliver a comprehensive solution for businesses to manage and migrate their workloads in the cloud, including using Oracle Cloud Infrastructure (OCI).

Canada Cloud Computing Market Leaders

  1. Amazon Web Services, Inc

  2. Google LLC

  3. Microsoft Corporation

  4. IBM Corporation

  5. Oracle Corporation

  6. *Disclaimer: Major Players sorted in no particular order
Canada Cloud Computing Market Concentration
Need More Details on Market Players and Competiters?
Download PDF

Canada Cloud Computing Market News

  • April 2024: IBM launched a multizone cloud region in Montreal, Canada. The region had three availability zones in the city in the south of Quebec. IBM stated the facility was designed to help Canadian enterprises address their evolving data sovereignty requirements and leverage technology such as generative AI.
  • March 2024: OVHcloud US announced the opening of its parent company's second Canadian site, marking the Group's 42nd data center. This expansion came with a significant long-term investment of CAD 145 million. The newly inaugurated data center in Toronto, consistent with OVHcloud's global network, was made directly accessible to OVHcloud US customers. It promised enhanced latency benefits over the existing OVHcloud facility near Montreal and the one in Vint Hill, Virginia. This latest data center launch underscored OVHcloud's growing presence and momentum in the United States and broader North American markets.

Canada Cloud Computing Market Report - Table of Contents

1. INTRODUCTION

  • 1.1 Study Assumptions and Market Definition
  • 1.2 Scope of the Study

2. RESEARCH METHODOLOGY

3. EXECUTIVE SUMMARY

4. MARKET INSIGHTS

  • 4.1 Market Overview
  • 4.2 Industry Attractiveness - Porter's Five Forces Analysis
    • 4.2.1 Bargaining Power of Suppliers
    • 4.2.2 Bargaining Power of Consumers
    • 4.2.3 Threat of New Entrants
    • 4.2.4 Threat of Substitute Products
    • 4.2.5 Intensity of Competitive Rivalry

5. MARKET DYNAMICS

  • 5.1 Market Drivers
    • 5.1.1 Robust Shift Toward Digital Transformation Across the Country
    • 5.1.2 Post-pandemic Remote Work-related Policies Positively Impacting the Cloud Market
  • 5.2 Market Challenges
    • 5.2.1 Regulatory Compliance and Data Breaching Risk
  • 5.3 Pricing Model Analysis
  • 5.4 Overview of Demand Trends of Cloud Computing in Canada
    • 5.4.1 Increased Adoption of Hybrid and Multi-cloud Strategies
    • 5.4.2 Rising Adoption of SaaS Applications
  • 5.5 Number of Data Centers in Canada
  • 5.6 Industry Regulations and Standards for Cloud Computing Market
  • 5.7 Case Study Analysis
  • 5.8 Technology Landscape (Cloud AI, Edge Computing, Quantum Computing in Cloud, and 5G and Cloud Integration)

6. MARKET SEGMENTATION

  • 6.1 By Type
    • 6.1.1 Public Cloud
    • 6.1.1.1 IaaS
    • 6.1.1.2 PaaS
    • 6.1.1.3 SaaS
    • 6.1.2 Private Cloud
    • 6.1.3 Hybrid Cloud
  • 6.2 Organization Size
    • 6.2.1 SMEs
    • 6.2.2 Large Enterprises
  • 6.3 End-user Industries
    • 6.3.1 Manufacturing
    • 6.3.2 Education
    • 6.3.3 Retail
    • 6.3.4 Transportation and Logistics
    • 6.3.5 Healthcare
    • 6.3.6 BFSI
    • 6.3.7 Telecom and IT
    • 6.3.8 Government and Public Sector
    • 6.3.9 Other End-user Industries (Utilities, Media & Entertainment, etc.)

7. COMPETITIVE LANDSCAPE

  • 7.1 Company Profiles*
    • 7.1.1 Amazon.com Inc (AWS)
    • 7.1.2 Google LLC
    • 7.1.3 Microsoft Corporation
    • 7.1.4 Alibaba Cloud
    • 7.1.5 Salesforce Inc.
    • 7.1.6 Adobe Group
    • 7.1.7 Oracle Corporation
    • 7.1.8 IBM Corporation
    • 7.1.9 DXC Group
    • 7.1.10 SAS
    • 7.1.11 SAP SE

8. INVESTMENT ANALYSIS

9. MARKET OPPORTUNITIES AND FUTURE TRENDS

**Subject to Availability
You Can Purchase Parts Of This Report. Check Out Prices For Specific Sections
Get Price Break-up Now

Canada Cloud Computing Industry Segmentation

Cloud computing is the supply of computing services over the internet, including servers, storage, databases, networking, software, analytics, and intelligence to provide quicker innovation, adaptable resources, and scale economies. Customers usually only pay for their cloud services, which helps save operational costs, run infrastructure more effectively, and scale as business requirements change.

The Canadian cloud computing market is segmented by type (public cloud [IaaS, PaaS, and SaaS], private cloud, and hybrid cloud), organization size (SMEs and large enterprises), and by end-user industries (manufacturing, education, retail, transportation and logistics, healthcare, BFSI, telecom and IT, government and public sector, and other end-user industries (utilities, media & entertainment, etc.). The market sizes and forecasts are provided in terms of value in USD for all segments.

By Type Public Cloud IaaS
PaaS
SaaS
Private Cloud
Hybrid Cloud
Organization Size SMEs
Large Enterprises
End-user Industries Manufacturing
Education
Retail
Transportation and Logistics
Healthcare
BFSI
Telecom and IT
Government and Public Sector
Other End-user Industries (Utilities, Media & Entertainment, etc.)
Need A Different Region or Segment?
Customize Now

Canada Cloud Computing Market Research Faqs

How big is the Canada Cloud Computing Market?

The Canada Cloud Computing Market size is expected to reach USD 46.29 billion in 2025 and grow at a CAGR of 16.64% to reach USD 99.95 billion by 2030.

What is the current Canada Cloud Computing Market size?

In 2025, the Canada Cloud Computing Market size is expected to reach USD 46.29 billion.

Who are the key players in Canada Cloud Computing Market?

Amazon Web Services, Inc, Google LLC, Microsoft Corporation, IBM Corporation and Oracle Corporation are the major companies operating in the Canada Cloud Computing Market.

What years does this Canada Cloud Computing Market cover, and what was the market size in 2024?

In 2024, the Canada Cloud Computing Market size was estimated at USD 38.59 billion. The report covers the Canada Cloud Computing Market historical market size for years: 2019, 2020, 2021, 2022, 2023 and 2024. The report also forecasts the Canada Cloud Computing Market size for years: 2025, 2026, 2027, 2028, 2029 and 2030.

Canada Cloud Computing Industry Report

Statistics for the 2025 Canada Cloud Computing market share, size and revenue growth rate, created by Mordor Intelligence™ Industry Reports. Canada Cloud Computing analysis includes a market forecast outlook for 2025 to 2030 and historical overview. Get a sample of this industry analysis as a free report PDF download.