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Canada Data Center Market Size by Investment to Reach USD 5.38 Billion by 2026 - AriztonCHICAGO, Oct. 26, 2021 /PRNewswire/ -- In-depth analysis and data-driven insights on the impact of COVID-19 included in this Canada data center market report. Canada data center market size is expected to grow at a CAGR of over 10.13% during the period 2020-2026. Canada data center market research report includes market size in terms of area, investment, power capacity, and colocation revenues. Get insights on 112 existing data centers and 3 upcoming facilities spread across Toronto, Montreal, Vancouver, and other cities. Key Highlights Offered in the Report: 1. With an abundance of renewable energy sources, cooler climate enabling a lower power usage effectiveness (PUE), an innovative business environment, low industrial power cost, and strong fiber connectivity makes Montreal, Canada favorable for data center investments. 2. Toronto and Montreal, followed by Vancouver are the primary data center hubs in Canada, housing over 70% of the total data centers in the country. With 36 existing third-party data centers contributing to around 45% of the existing capacity, Toronto is the major data center hub. 3. Global cloud providers such as Amazon Web Services, Microsoft, and Oracle have a strong presence in Canada. For instance, Google opened a new cloud region in Toronto. In 2020, Amazon Web Services and Microsoft had made significant investments, increased their footprint, and improved cloud-based services across the country. 4. Mergers & acquisitions and joint ventures are strategies used by data center investors to increase their foothold in Canada. Equinix acquired 13 data centers from Bell whereas eStruxture Data Centers acquired eight data centers from Aptum. Similarly, Vantage Data Centers acquired Hypertec's data center business. 5. Canada offers one of the lowest industrial power costs in the world, with Montreal having around 40% lower cost compared with Toronto. The industrial power cost in Montreal was around USD 0.05 per kWh. 6. Canada is a thriving market for cryptocurrency mining. In 2021, HIVE Blockchain Technologies acquired GPU Atlantic, including a sub-station and a 50 MW cryptocurrency data center campus in New Brunswick, Canada for around USD 20 million. 7. In June 2021, the Government of Canada launched renewable energy and grid modernization projects with investments of around USD 960 million to lower the emissions in the countries by adoption of clean energy sources such as wind, solar, hydro, geothermal, and tidal. Key Offerings:
Get your sample today! https://www.arizton.com/market-reports/cnada-data-center-market-investment-analysis Canada Data Center Market – Segmentation
Market Segmentation by Infrastructure Type
Market Segmentation by IT Infrastructure
Market Segmentation by Electrical Infrastructure
Market Segmentation by Mechanical Infrastructure
Market Segmentation by Cooling Systems
Market Segmentation by General Construction
Market Segmentation by Tier Segments
Market Segmentation by Geography
Canada Data Center Market – Dynamics The power from renewable energy sources forms over 16% of the total power generated in the country. Wind and solar energy are the fastest -rowing sources of electricity in Canada. In May 2021, STACK INFRASTRUCTURE announced its commitment to completely run on the renewable energy sources by end of the year 2021. The company also announced a data center campus in Toronto. In June 2021, the Government of Canada launched renewable energy and grid modernization projects with investments of around $960 million to lower the emissions in the countries by adoption of clean energy sources such as wind, solar, hydro, geothermal, and tidal. Amazon announced that it will invest in 80 MW solar project in Alberta. The project will be the first renewable energy investment in Canada and upon completion it will produce over 195,000 megawatt-hours (MWh) of renewable energy. In June 2021, Amazon announced another renewable energy project in Alberta. The company will build 375 MW solar farm in Vulcan County and is expected to be ready for service in 2022. In July 2021, Cyxtera Technologies announced plans to select NextEra Energy Resources as supplier for renewable energy to power its North American data centers. The company operates four data center campuses in Canada. Key Drivers and Trends fueling Market Growth:
Canada Data Center Market - Existing Vs. Upcoming Data Centers
Get your sample today! https://www.arizton.com/market-reports/canada-data-center-market-investment-analysis Key Market Participants IT Infrastructure Providers
Construction Constructors & Sub-Contractors
Support Infrastructure Providers
Data Center Investors
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About Arizton: Arizton Advisory and Intelligence is an innovation and quality-driven firm, which offers cutting-edge research solutions to clients across the world. We excel in providing comprehensive market intelligence reports and advisory and consulting services. We offer comprehensive market research reports on industries such as consumer goods & retail technology, automotive and mobility, smart tech, healthcare, and life sciences, industrial machinery, chemicals and materials, IT and media, logistics and packaging. These reports contain detailed industry analysis, market size, share, growth drivers, and trend forecasts. Arizton comprises a team of exuberant and well-experienced analysts who have mastered in generating incisive reports. Our specialist analysts possess exemplary skills in market research. We train our team in advanced research practices, techniques, and ethics to outperform in fabricating impregnable research reports. Mail: [email protected] Logo: https://mma.prnewswire.com/media/818553/Arizton_Logo.jpg |