Canada Cloud Backup Market Size & Outlook, 2025-2030
The cloud backup market in Canada is expected to reach a projected revenue of US$ 943.6 million by 2030. A compound annual growth rate of 24.7% is expected of Canada cloud backup market from 2025 to 2030.
Revenue, 2024 (US$M)
$263.0
Forecast, 2030 (US$M)
$943.6
CAGR, 2025 - 2030
24.7%
Report Coverage
Canada
Global Market
Related Markets
Canada cloud backup market highlights
- The Canada cloud backup market generated a revenue of USD 263.0 million in 2024 and is expected to reach USD 943.6 million by 2030.
- The Canada market is expected to grow at a CAGR of 24.7% from 2025 to 2030.
- In terms of segment, solution was the largest revenue generating component in 2024.
- Services is the most lucrative component segment registering the fastest growth during the forecast period.
Cloud backup market data book summary
| Market revenue in 2024 | USD 263.0 million |
| Market revenue in 2030 | USD 943.6 million |
| Growth rate | 24.7% (CAGR from 2025 to 2030) |
| Largest segment | Solution |
| Fastest growing segment | Services |
| Historical data | 2018 - 2023 |
| Base year | 2024 |
| Forecast period | 2025 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Services, Solution |
| Key market players worldwide | Acronis, Amazon.com Inc, Asigra, Backblaze Inc Class A, Datto, Dropbox Inc Class A, IDrive Inc., International Business Machines Corp, Microsoft Corp, Open Text Corp |
Other key industry trends
- In terms of revenue, Canada accounted for 4.8% of the global cloud backup market in 2024.
- Country-wise, U.S. is expected to lead the global market in terms of revenue in 2030.
- In North America, U.S. cloud backup market is projected to lead the regional market in terms of revenue in 2030.
- Mexico is the fastest growing regional market in North America and is projected to reach USD 525.8 million by 2030.
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Publish Date: Jan 13, 2025
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Cloud Backup Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|---|---|---|---|
| Amazon.com Inc | View profile | 1,525,000 | 410 Terry Avenue North, Seattle, WA, United States, 98109-5210 | www.amazon.com |
| International Business Machines Corp | View profile | 282,200 | One New Orchard Road, Armonk, NY, United States, 10504 | www.ibm.com |
| Microsoft Corp | View profile | 221,000 | One Microsoft Way, Redmond, WA, United States, 98052-6399 | www.microsoft.com |
| Open Text Corp | View profile | 23,700 | 275 Frank Tompa Drive, Waterloo, ON, Canada, N2L 0A1 | www.opentext.com |
| Acronis | View profile | 1001-5000 | Schaffhausen, Schaffhausen, Switzerland, Europe | www.acronis.com/ |
| Asigra | View profile | 51-100 | Toronto, Ontario, Canada, North America | www.asigra.com |
| Backblaze Inc Class A | View profile | 381 | 201 Baldwin Avenue, San Mateo, CA, United States, 94401 | www.backblaze.com |
| Datto | View profile | 501-1000 | Norwalk, Connecticut, United States, North America | datto.com/ |
| Dropbox Inc Class A | View profile | 2,693 | 1800 Owens Street, San Francisco, CA, United States, 94158 | www.dropbox.com |
| IDrive Inc. | View profile | 101-250 | Calabasas, California, United States, North America | www.idrive.com |
Canada Cloud Backup Market Outlook
The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to Cloud Backup Market Outlook will help companies and investors design strategic landscapes.
Solution was the largest segment with a revenue share of 70.91% in 2024.
Horizon Databook has segmented the Canada cloud backup market based on services, solution covering the revenue growth of each sub-segment from 2018 to 2030.
- Canada Cloud Backup Market Component Outlook (Revenue, USD Million , 2018-2030)
- Services
- Solution
- Canada Cloud Backup Market Deployment Outlook (Revenue, USD Million , 2018-2030)
- Public Cloud
- Private Cloud
- Hybrid Cloud
- Canada Cloud Backup Market Enterprise Size Outlook (Revenue, USD Million , 2018-2030)
- SMEs
- Large Enterprises
- Canada Cloud Backup Market Service Provider Outlook (Revenue, USD Million , 2018-2030)
- Cloud Service Providers
- Telecom and Communication Service Provider
- Managed Service Provider
- Others
- Canada Cloud Backup Market End Use Outlook (Revenue, USD Million , 2018-2030)
- BFSI
- Healthcare
- Retail & E-commerce
- Telecom
- IT & ITES
- Others
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Horizon Databook provides a detailed overview of country-level data and insights on the Canada Cloud Backup Market Outlook, including forecasts for subscribers. This country databook contains high-level insights into Canada Cloud Backup Market Outlook from 2018 to 2030, including revenue numbers, major trends, and company profiles.
Canada Cloud Backup Market, 2018-2030 (US$M)
Canada cloud backup market statistics, by component, 2018-2030 (US$M)
