Canada Data Center Construction Market Size
| Study Period | 2024 - 2030 |
| Base Year For Estimation | 2023 |
| Forecast Data Period | 2024 - 2030 |
| CAGR | 8.94 % |
| Market Concentration | Medium |
Major Players
*Disclaimer: Major Players sorted in no particular order |
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Canada Data Center Construction Market Analysis
The Canada Data Center Construction Market is projected to register a CAGR of 8.94% during the forecast period.
- Under Construction IT Load Capacity: The upcoming IT load capacity of the Canada data center construction market is expected to reach 1,159.6 MW in six years.
- Under Construction Raised Floor Space: The country's construction of raised floor area is expected to increase by 5.3 million sq. ft in six years.
- Planned Racks: The country's total number of racks to be installed is expected to reach 289,890 units in six years. Quebec is expected to house the maximum number of racks in six years.
- Planned Submarine Cables: Close to 12 submarine cable systems are connecting Canada; many are under construction. One such submarine cable, estimated to be built by the end of the next three years, is Leif Ericson, which stretches over 4200 km with landing points in Goose Bay, NL, Canada.
Canada Data Center Construction Market Trends
BFSI to hold major market share
- The media & entertainment, manufacturing, BFSI, and e-commerce end users are expected to experience increased IT load capacities during the forecast period. Regarding robot density worldwide, Canada ranks 18th and has approximately 165 units deployed for every 10,000 people employed. Canada has been using robots since the 1990s. The machinery and automotive sectors under the manufacturing sector are expected to invest heavily in automation.
- Real-time insights being provided to the managers help them avoid machinery failures as they depict the need for maintenance. The machine is serviced on time, which helps ensure production efficiency and increased productivity. The growing trend of online shopping, digital transactions, and streaming is expected to catalyze further the increase in IT load by the end users.
- For instance, Canada has a penetration rate of 74% for its streaming services, which are expected to grow further with the increasing demand. Millennials are the major audience in subscribing to streaming services, accounting for almost 82%. Owing to all the factors mentioned above, the end users are expected to grow during the forecast period.
Quebec to be the major hotspot for data center construction in the country
- Quebec is Canada's most preferred hotspot for data centers since the province offers renewable energy, cold climatic conditions, low electricity bills, numerous incentives in the form of tax and land, and good connectivity. These benefits have led data center operators to set up regional facilities.
- Quebec currently holds a market share of around 46.6%, followed by Ontario with a 39.2% share. Companies like Vantage Data Centers, which now has a market share of 53.7% and operates at an IT load capacity of 158 MW, have strengthened the market share of the Quebec region. Companies such as Cologix and Enovum Data Centers have announced plans to develop mega and massive data centers with IT load capacities of 36 MW and 22.5 MW, respectively, in three years.
- Montreal has been ranked among the list of the best smart cities in the world. Smart cities create huge amounts of data while imparting various smart services to citizens. Processing huge amounts of data has boosted the requirement for the number of racks and the IT load consumption by the hotspot over the years.
- Other factors expected to boost the IT load capacity during the forecast period include the increased use of smart devices by consumers for accessing digitization services, such as streaming, online games, online music, cab booking, and ordering food. Owing to all the abovementioned factors, the Quebec hotspot is expected to register a CAGR of around 6.34% during the forecast period.
Canada Data Center Construction Industry Overview
The Canada Data Center Construction Market is moderately consolidated, with significant companies such as AECOM, DPR Construction, NetApp, Hewlett Packard Enterprise (HPE), and Dell Technologies. Cologix announced the beginning of the construction of its Scalelogix-brand facility in Quebec in May 2023. The facility is expected to spread across MTL8 and will span 205,000 square feet to offer 21MW of power. Such developments are expected to drive opportunities for the vendors in the market. Equinix announced building a new data center in Montreal, Canada, in April 2023. The Project's first phase offers 500 racks; the second phase is expected to add 500 more racks. Such developments are expected to drive opportunities for the vendors in the market.
Canada Data Center Construction Market Leaders
AECOM
Hewlett Packard Enterprise (HPE)
DPR Construction
NetApp
Dell Technologies
*Disclaimer: Major Players sorted in no particular order
Canada Data Center Construction Market News
- June 2022: Cologix announced its continued strategic partnership with Console Connect by PCCW Global by deploying the Console Connect Software-Defined Interconnection platform at Cologix's TOR1 data center in Toronto-this marked Console Connect's second PoP within Cologix's Canadian market and interconnection ecosystem. The first was available in December 2021 at Cologix's MTL7 data center in Montréal.
- May 2022: NetIX, the Bulgarian global platform, partnered with data center company eStruxture to provide global connectivity solutions in Canada. According to eStruxture, the collaboration would enable customers to access all of NetIX's global locations, Internet Exchange Points (IXPs), and NetIX's Global Internet Exchange (GIX) peering solutions directly from any one of eStruxture's data centers through the Tunnelling over Internet (ToI) service.
Table of Contents
1. INTRODUCTION
1.1 Study Assumption & Market Definition
1.2 Scope of the Study
2. Research Methodology
3. Executive Summary
4. MARKET INSIGHTS
5. Market Overview
6. Industry Attractiveness - Porter's Five Forces Analysis
6.1 Bargaining Power of Suppliers
6.2 Bargaining Power of Buyers
6.3 Threat of New Entrants
6.4 Threat of Substitutes
6.5 Degree of Competition
7. Key Industry Statistics
7.1 Planned/Under Construction IT Load Capacity
7.2 Planned/Under Construction Raised Floor Space
7.3 Planned/Under Construction Racks
7.4 Planned/Under Construction Submarine Cable
8. MARKET DYNAMICS
9. Market Drivers
9.1 Growing Cloud Applications, AI, and Big Data
9.2 Growing Adoption of Hyperscale Data Centers in Large Enterprises
9.3 Advent Green Data Center
10. Market Restraints
10.1 High CaPex, OpEx & TCO for building Data Center
11. MARKET SEGMENTATION
11.1 By Infrastructure
11.1.1 Electrical Infrastructure
11.1.1.1 UPS Systems
11.1.1.2 Other Electrical Infrastructures
11.1.2 Mechanical Infrastructure
11.1.2.1 Cooling Systems
11.1.2.2 Racks
11.1.2.3 Other Mechanical Infrastructures
11.1.3 Other Infrastructures
11.2 By End User
11.2.1 IT & Telecommunication
11.2.2 BFSI
11.2.3 Government
11.2.4 Healthcare
11.2.5 Other End Users
12. COMPETITIVE LANDSCAPE
13. Company Profiles
13.1 AECOM
13.2 DPR CONSTRUCTION, INC.
13.3 IBM Corporation
13.4 Schneider Electric SE
13.5 Fortis ConstructionInc.
13.6 HITT Contrating Inc.
13.7 Clune Construction Company LP
13.8 Nabholz Construction Corporation
13.9 Turner Construction Co.
13.10 Hensel Phelps Construction Co. Inc.
13.11 Holder Construction Company
13.12 Rittal GMBH & Co.KG
13.13 Hewlett Packard Enterprise (HPE)
13.14 Dell Inc.
- *List Not Exhaustive
14. INVESTMENT ANALYSIS
15. MARKET OPPORTUNITIES AND FUTURE TRENDS
Canada Data Center Construction Industry Segmentation
A data center is a physical room, building, or facility that holds IT infrastructure used to construct, run, and provide applications and services and store and manage the data connected with them. Under data center construction, we track the capital expenditure incurred while building the existing DC facilities and estimate the future capex based on upcoming DC facilities.
Canada Data Center Construction Market is segmented by infrastructure (electrical infrastructure (UPS systems, other electrical infrastructure), mechanical infrastructure (cooling systems, racks, other mechanical infrastructure), and other infrastructure), by end-user (banking, financial services, and insurance, IT and telecommunications, government, healthcare, and other end users). The market sizes and forecasts are provided in terms of value in USD for all the above segments.
| By Infrastructure | |||||
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| Other Infrastructures |
| By End User | |
| IT & Telecommunication | |
| BFSI | |
| Government | |
| Healthcare | |
| Other End Users |
Frequently Asked Questions
What is the current Canada Data Center Construction Market size?
The Canada Data Center Construction Market is projected to register a CAGR of 8.94% during the forecast period (2024-2030)
Who are the key players in Canada Data Center Construction Market?
AECOM, Hewlett Packard Enterprise (HPE), DPR Construction, NetApp and Dell Technologies are the major companies operating in the Canada Data Center Construction Market.
What years does this Canada Data Center Construction Market cover?
The report covers the Canada Data Center Construction Market historical market size for years: . The report also forecasts the Canada Data Center Construction Market size for years: 2024, 2025, 2026, 2027, 2028, 2029 and 2030.
Canada Data Center Construction Industry Report
Statistics for the 2024 Canada Data Center Construction market share, size and revenue growth rate, created by Mordor Intelligence™ Industry Reports. Canada Data Center Construction analysis includes a market forecast outlook to for 2024 to (2024to2030 and historical overview. Get a sample of this industry analysis as a free report PDF download.
