Canada Cloud Computing Market Introduction
Cloud computing technology is becoming a wave with more than 90% organizations in Canada have adopted cloud services owing to enhanced scalability, flexibility, and 24/7 access it provides to users from anywhere and anytime. Further, increasing internet penetration and speed in the country is projected to give rise to the cloud adoption. For instance, according to Cisco, in Canada download speed is up to 24.2 mbps and upload speed is up to 9 mbps. It is high compare that of the U.S. at 17.1 mbps download speeds and 9.9 mbps upload. This, in turn, is expected to support cloud services infrastructure in Canada.
Major organizations that are adopting cloud services at a faster pace are from public sector, BFSI, healthcare and retail sectors. Government of Canada is focusing on leveraging cloud-based service delivery model to meet increasing demand for online services and enhance user experience. The ongoing transformation of IT infrastructure across aforementioned industries will enable users to overcome the challenges related to offering modern technology enabled services to customers.
- Allows customers to access data from anywhere via any device
- Emerging bring your own devices and mobile workforce trends
- Efficient connectivity infrastructure and emergence of 5G networking technology
- Lack of resources and expertise
- Threat associated with data privacy and security issues
- Stringent government regulation to store data within Canadian Territory
Canada cloud computing market research study takes in major segments such as service type, end user verticals, deployment model, and organization size.
By Service Type
- Platform as a Service (PaaS)
- Infrastructure as a Service (IaaS)
- Software as a Service (SaaS)
By End User Verticals
- Public Sector
- Energy & Utility
- IT & Telecom
- Media & Entertainment
- Other End User Verticals
By Deployment Model
- Public Cloud
- Hybrid Cloud
- Private Cloud
By Organization Size
- Small & Medium Enterprises
- Large Enterprises
Canada Cloud Computing Market Competitive Landscape
Prominent players operating in the Canada cloud computing market are aiming at setting up data centers in the country to meet regulatory compliances and strengthen cloud services capabilities. For instance, in 2016, Amazon Web Services open a data center in Montreal in order to store data within Canadian territory. Further, in the same year, Microsoft announced plans to build data centers in Toronto and Quebec City, to enable customers to access cloud-based services in real time. Major companies operating in the Canada cloud computing market are Amazon Web Services, Microsoft Corporation, Google Inc., salesforce.com, IBM Corporation, Dell EMC, VMware, Inc., Oracle Corporation, SAP SE, Hewlett Packard Company, and Fujitsu Ltd.
This research report on Canada cloud computing market would be produced using first-hand market information gathered from industry experts and major participants across the value chain, during primary research. It would provide broad view of current market trends, growth factors and competitive analysis.