Request Free Sample
×
Canada Cloud Computing Market
ID: MRFR/ICT/54005-HCR
200 Pages
February 2026
Canada Cloud Computing Market Size, Share and Trends Analysis Report By Service Model (Infrastructure as a Service, Platform as a Service, Software as a Service, Function as a Service), By Deployment Model (Public Cloud, Private Cloud, Hybrid Cloud, Community Cloud), By End User (Small and Medium Enterprises, Large Enterprises, Government) andBy Application (Data Backup and Recovery, Application Hosting, Disaster Recovery, Big Data Analytics)- Forecast to 2035
Industry Developments
In Canada, the cloud computing market continues to experience significant advancements, marked by increased investment and strategic moves by major companies. Recently, Google expanded its cloud footprint by launching new data centers in Toronto, highlighting its commitment to local infrastructure and supporting growing demand from businesses. SAP also announced enhancements to its cloud offerings in Montreal, aiming to better serve Canadian enterprises. In terms of mergers and acquisitions, Salesforce completed its acquisition of Slack Technologies in July 2021, enhancing its capabilities in the cloud collaboration space, impacting various sectors across Canada. Meanwhile, Microsoft has been expanding its Azure services, with funding for Canadian startups focused on AI and data analytics. DigitalOcean's recent partnerships with Canadian technology firms have enabled improved services for developers. The growth in these key player operations reflects a booming cloud market in Canada, projected to reach CAD 25 billion by 2025 according to a government report. Increased cloud adoption across various sectors, particularly healthcare and finance, is further underscoring Canada's strategic position in the global cloud landscape, as organizations seek digital transformation solutions.
Report Scope
Report Scope:
| Report Attribute/Metric Source: | Details |
| MARKET SIZE 2018 | 23.47(USD Billion) |
| MARKET SIZE 2024 | 25.52(USD Billion) |
| MARKET SIZE 2035 | 58.0(USD Billion) |
| COMPOUND ANNUAL GROWTH RATE (CAGR) | 7.75% (2025 - 2035) |
| REPORT COVERAGE | Revenue Forecast, Competitive Landscape, Growth Factors, and Trends |
| BASE YEAR | 2024 |
| MARKET FORECAST PERIOD | 2025 - 2035 |
| HISTORICAL DATA | 2019 - 2024 |
| MARKET FORECAST UNITS | USD Billion |
| KEY COMPANIES PROFILED | Salesforce, Red Hat, Rackspace, VMware, SAP, Microsoft, Cisco, Google, IBM, DigitalOcean, Shopify, Amazon Web Services, Oracle, Alibaba Cloud, Hewlett Packard Enterprise |
| SEGMENTS COVERED | Service Model, Deployment Model, End User, Application |
| KEY MARKET OPPORTUNITIES | Growing adoption of hybrid cloud, Increased demand for data security, Expansion of remote work solutions, Rise of AI-driven cloud services, Adoption by SMEs for scalability |
| KEY MARKET DYNAMICS | increased demand for scalability, data security and compliance, rising adoption of hybrid cloud, competitive pricing strategies, rapid technological advancements |
| COUNTRIES COVERED | Canada |
Leave a Comment
FAQs
What is the expected market size of the Canada Cloud Computing Market in 2024?
The Canada Cloud Computing Market is expected to be valued at 25.52 USD Billion in 2024.
What is the projected market size for the Canada Cloud Computing Market by 2035?
By 2035, the Canada Cloud Computing Market is projected to reach a value of 58.0 USD Billion.
What is the expected CAGR for the Canada Cloud Computing Market from 2025 to 2035?
The expected CAGR for the Canada Cloud Computing Market between 2025 and 2035 is 7.75%.
Which service model represents the largest market share in 2024 for Canada Cloud Computing Market?
In 2024, Software as a Service is the largest service model, valued at 9.0 USD Billion.
What will be the market value of Infrastructure as a Service in 2035?
The market value of Infrastructure as a Service in 2035 is expected to reach 18.0 USD Billion.
Who are the key players in the Canada Cloud Computing Market?
Major players in the market include Salesforce, Microsoft, Amazon Web Services, and IBM.
What is the anticipated market value of Platform as a Service in 2024?
In 2024, the anticipated market value of Platform as a Service is 6.0 USD Billion.
What growth opportunities exist in the Canada Cloud Computing Market?
Emerging trends and digital transformation initiatives present significant growth opportunities in the market.
How is the Function as a Service segment expected to grow by 2035?
The Function as a Service segment is expected to grow to a market value of 6.5 USD Billion by 2035.
What are the key applications driving the growth of the Canada Cloud Computing Market?
Key applications include data storage, application hosting, and software development which are driving market growth.
Download Free Sample
Kindly complete the form below to receive a free sample of this Report
Customer Stories
“This is really good guys. Excellent work on a tight deadline. I will continue to use you going forward and recommend you to others. Nice job”
Noah Malgeri
Co-Founder
“Thanks. It’s been a pleasure working with you, please use me as reference with any other Intel employees.”
Joseph Aguayo
Sales Operations & Pricing Manager
“Thanks for sending the report it gives us a good global view of the Betaïne market.”
Peter Groot koerkamp
Account and Business Manager
“Thank you, this will be very helpful for OQS.”
La Terria Dodd
Program Support Specialist
“We found the report very insightful! we found your research firm very helpful. I'm sending this email to secure our future business.”
Younghwan Choi
Senior Retail Manager
“I am very pleased with how market segments have been defined in a relevant way for my purposes (such as "Portable Freezers & refrigerators" and "last-mile"). In general the report is well structured. Thanks very much for your efforts.”
Mark Irwin
Management Consultant
“I have been reading the first document or the study, ,the Global HVAC and FP market report 2021 till 2026. Must say, good info! I have not gone in depth at all parts, but got a good indication of the data inside!”
Rob Kooiker
Group Product Manager HVAC & Fire Protection GMA
“We got the report in time, we really thank you for your support in this process. I also thank to all of your team as they did a great job.”
Akif Moroglu
Strategy & Business Development Director
Case Study
Aerospace & Defense