Key Market Highlights:

• As of November 2022, the population in the country was over 38 million, with an internet penetration rate of over 99%,88% of which are active social media users. 
• Telecom operators, such as Rogers Communication, Bell, TELUS, and Videotron, have deployed 5G in major cities, such as Toronto, Montreal, and Vancouver. 
• The Canadian market also witnessed new entrants who are expanding their presence in the country, such as Enovum Data Centers, QScale, and STACK Infrastructure.​ 
• In Canada, retail colocation contributed to around 75% of the market in 2021, whereas wholesale colocation accounted for the remaining 25%.​ 
• Content and hyperscale cloud providers will continue contributing to market growth, along with the manufacturing, government, BFSI, healthcare, and retail/e-commerce sectors.