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Publication: June 2025
Report Type: Niche Report
Report Format: PDF DataSheet
Report ID: CCT15605 
  Pages: 110+  

Canada Cloud Block Storage Market Size and Forecast by Type, Deployment Model, Organization Size, Subscription Model, Industry, and Use Case: 2019-2033

Report Format: PDF DataSheet |   Pages: 110+  

 June 2025  | 

Canada Cloud Block Storage Market Outlook

The Canada Cloud Block Storage Market is poised to surpass US$ 1.4 billion by 2033, expanding at a CAGR of 12.4% during the forecast period. This growth is being powered by enterprise demand for high-speed, low-latency storage to support core transactional systems, container orchestration, and mission-critical workloads across hybrid cloud environments. According to David Gomes, Manager - IT, organizations in Canada are increasingly adopting cloud block storage to accelerate performance for applications like databases, ERP systems, virtual machines (VMs), and high-frequency transaction processing

Unlike object or file storage, cloud block storage enables persistent storage volumes with granular control, which can be attached to compute instances and dynamically scaled without impacting latency. Canadian banks, healthcare networks, and energy firms are embracing block-level storage to ensure sub-millisecond latency, consistent IOPS, and fault tolerance across distributed systems. This is especially critical in sectors with real-time operational demands and regulatory scrutiny—such as finance, where any downtime or data corruption could trigger compliance violations

The cloud block storage ecosystem in Canada is evolving rapidly to support modern application architectures, including Kubernetes-based deployments and microservices. Cloud-native platforms are now offering block storage volumes with performance tiers—provisioned IOPS, throughput-optimized SSDs, and ultra-high durability—all tailored to specific enterprise needs. AWS Canada, for instance, expanded its EBS (Elastic Block Store) offerings in 2024 to include zonal and regional redundancy within its Montreal and Calgary availability zones, enabling businesses to meet disaster recovery (DR) and data locality requirements

Performance and scalability are primary motivators for adoption. Cloud block storage enables Canadian firms to move away from legacy SAN infrastructures and transition to elastic storage volumes that scale alongside compute demands. This has proven particularly valuable in industries such as oil & gas and manufacturing, where applications like SCADA, real-time analytics, and AI inference engines rely on persistent, high-speed block-level storage

Data sovereignty and regulatory compliance remain key differentiators in the Canadian market. Enterprises are favoring cloud providers that offer block storage services hosted in Canadian data centers, ensuring alignment with PIPEDA, FIPPA, and Quebec’s Law 25. This trend is reinforced by federal and provincial initiatives promoting data residency for critical infrastructure sectors. Several provinces have already mandated that public sector entities and healthcare organizations store sensitive data within Canadian jurisdiction, creating a strong incentive for local block storage solutions

From a technical perspective, the adoption of NVMe-over-Fabric (NVMe-oF) and software-defined storage (SDS) is enabling a new generation of high-performance block storage solutions in Canadian data centers. These technologies are reducing the I/O bottleneck traditionally associated with legacy volumes and improving availability through distributed architectures. Canadian infrastructure providers such as eStruxture, CENGN, and OVHcloud Canada are increasingly offering block storage built on NVMe backbones to support database-intensive applications in SaaS, fintech, and logistics

Security is also a top priority. Enterprises are demanding AES-256 encryption at rest, volume-level replication, point-in-time snapshots, and zero-trust access controls to protect block storage volumes. In sectors like legal services and digital health, immutable block snapshots are being used as a defense against ransomware and data tampering, ensuring secure recovery pathways for sensitive workloads

According to David Gomes, “Canadian CIOs are optimizing for performance, locality, and cost-efficiency when selecting block storage solutions. The ability to provision storage volumes that seamlessly integrate with VMs, containers, and orchestration platforms is a must-have in today’s hybrid enterprise architecture.&rdquo

Authors: David Gomes (Manager - IT)

*Research Methodology: This report is based on DataCube’s proprietary 3-stage forecasting model, combining primary research, secondary data triangulation, and expert validation. [Learn more]

Canada Cloud Block Storage Market Scope

*Research Methodology: This report is based on DataCube’s proprietary 3-stage forecasting model, combining primary research, secondary data triangulation, and expert validation. [Learn more]