Infrastructure as a Service - Canada

  • Canada
  • Revenue in the Infrastructure as a Service market is projected to reach US$3.38bn in 2024.
  • Revenue is expected to show an annual growth rate (CAGR 2024-2029) of 20.11%, resulting in a market volume of US$8.45bn by 2029.
  • The average spend per employee in the Infrastructure as a Service market is projected to reach US$155.00 in 2024.
  • In global comparison, most revenue will be generated in the United States (US$78,280.00m in 2024).

Key regions: United Kingdom, China, France, Netherlands, Germany

 
Market
 
Region
 
Region comparison
 
Currency
 

Analyst Opinion

The Infrastructure as a Service market in Canada is experiencing significant growth and development. Customer preferences, trends in the market, local special circumstances, and underlying macroeconomic factors all contribute to this growth. Customer preferences play a crucial role in driving the development of the Infrastructure as a Service market in Canada. Businesses are increasingly adopting cloud-based solutions to reduce costs, improve scalability, and enhance flexibility. Infrastructure as a Service offers these benefits by providing on-demand access to computing resources, eliminating the need for businesses to invest in and manage their own infrastructure. This customer preference for cost-effective and scalable solutions is fueling the demand for Infrastructure as a Service in Canada. Trends in the market further contribute to the growth of Infrastructure as a Service in Canada. The adoption of digital transformation strategies by businesses is driving the demand for cloud services, including Infrastructure as a Service. As organizations embrace technologies such as artificial intelligence, big data analytics, and the Internet of Things, the need for scalable and flexible infrastructure becomes paramount. Infrastructure as a Service providers in Canada are capitalizing on this trend by offering robust and reliable infrastructure solutions that cater to the evolving needs of businesses. Local special circumstances also influence the development of the Infrastructure as a Service market in Canada. The country's vast geography presents unique challenges in terms of connectivity and infrastructure accessibility. As a result, businesses in remote regions or areas with limited infrastructure may find Infrastructure as a Service particularly appealing. By leveraging cloud-based infrastructure, these businesses can overcome geographical constraints and access computing resources on-demand. Additionally, Canada's stringent data privacy and security regulations drive the demand for Infrastructure as a Service, as businesses seek to ensure the protection of their sensitive data. Underlying macroeconomic factors contribute to the growth of the Infrastructure as a Service market in Canada. The country's strong economy and stable political environment provide a conducive business environment for both domestic and international companies. As businesses strive to remain competitive in a rapidly evolving digital landscape, the adoption of Infrastructure as a Service becomes a strategic imperative. Furthermore, the increasing digitization of industries and the growing reliance on technology-driven solutions create a favorable market for Infrastructure as a Service providers in Canada. In conclusion, the Infrastructure as a Service market in Canada is experiencing significant growth and development. Customer preferences for cost-effective and scalable solutions, trends in the market such as digital transformation, local special circumstances including geographic challenges and data privacy regulations, and underlying macroeconomic factors all contribute to this growth. As businesses continue to embrace cloud-based solutions, the demand for Infrastructure as a Service in Canada is expected to further increase in the coming years.

Methodology

Data coverage:

The data encompasses B2B and B2C enterprises. Figures are based on the money spent at manufacturer price level (excluding VAT).

Modeling approach / Market size:

The segment size is determined through a top-down approach. We use financial statements such as annual reports, quarterly earnings, and expert opinions to analyze the markets. To estimate the segment size for each country individually, we use relevant key market indicators and data from country-specific industry associations, such as GDP and level of telecommunications infrastructure.

Forecasts:

We use a variety of forecasting techniques, depending on the behavior of the relevant segment. The main drivers are the GDP and the level of digitization.

Additional notes:

The data is modeled using current exchange rates. The market is updated twice a year in case market dynamics change. The impact of the COVID-19 pandemic is considered at a country-specific level.

Overview

  • Revenue
  • Key Players
  • Analyst Opinion
  • Global Comparison
  • Methodology
  • Key Market Indicators
Please wait

Contact

Get in touch with us. We are happy to help.
Statista Locations
Contact Meredith Alda
Meredith Alda
Sales Manager– Contact (United States)

Mon - Fri, 9am - 6pm (EST)

Contact Yolanda Mega
Yolanda Mega
Operations Manager– Contact (Asia)

Mon - Fri, 9am - 5pm (SGT)

Contact Kisara Mizuno
Kisara Mizuno
Senior Business Development Manager– Contact (Asia)

Mon - Fri, 10:00am - 6:00pm (JST)

Contact Lodovica Biagi
Lodovica Biagi
Director of Operations– Contact (Europe)

Mon - Fri, 9:30am - 5pm (GMT)

Contact Carolina Dulin
Carolina Dulin
Group Director - LATAM– Contact (Latin America)

Mon - Fri, 9am - 6pm (EST)