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    Canada Digital Storage Devices Market

    ID: MRFR/ICT/62452-HCR
    200 Pages
    Aarti Dhapte
    September 2025

    Canada Digital Storage Devices Market Research Report By Type (Flash Storage, Solid State Drives, Magnetic Disk Drives), By Application (Personal Computer, Laptops, Smartphone), By Storage (up to 8 Gb, 8-128 Gb, 128-512 Gb) and By Usage (Individual, Enterprise)- Forecast to 2035

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    Canada Digital Storage Devices Market Research Report - Forecast to 2035 Infographic
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    Table of Contents

    Canada Digital Storage Devices Market Summary

    The Canada Digital Storage Devices market is projected to experience modest growth from 2024 to 2035.

    Key Market Trends & Highlights

    Canada Digital Storage Devices Key Trends and Highlights

    • The market valuation is expected to increase from 0.81 USD Million in 2024 to 0.88 USD Million by 2035.
    • A compound annual growth rate (CAGR) of 0.76% is anticipated for the period between 2025 and 2035.
    • The gradual rise in market value suggests a steady demand for digital storage solutions in Canada.
    • Growing adoption of cloud storage solutions due to increasing data generation is a major market driver.

    Market Size & Forecast

    2024 Market Size 0.81 (USD Million)
    2035 Market Size 0.88 (USD Million)
    CAGR (2025-2035) 0.76%

    Major Players

    Toshiba, Crucial (a Micron brand), ADATA Technology, Transcend Information, Kingston Technology, SanDisk, Hitachi Global Storage Technologies (HGST), Seagate Technology, Western Digital, Samsung Electronics, Intel Corporation, LG Electronics, Sony Corporation, Buffalo Technology

    Canada Digital Storage Devices Market Trends

    A number of important factors are shaping Canada Digital Storage Devices Market. The rising need for high-capacity storage devices due to the expansion of data generation from a variety of industries, such as technology, media, and healthcare, is a major market driver. Furthermore, the necessity for dependable and effective digital storage solutions has increased in Canada due to the growth of remote work and digital transformation. As companies and individuals look for convenient and safe ways to handle massive volumes of data, this trend represents a move toward external hard drives and cloud storage.

    With the development of technologies like 5G and IoT, which will increase demand for faster and more scalable storage alternatives, the Canadian industry offers a plethora of prospects. 

    Additionally, Canadian businesses are starting to use machine learning and artificial intelligence, which call for significant data storage solutions to be implemented successfully. This opens the door for the creation of novel products that are suited to these developments in technology, improving storage device market performance and usefulness. The market for digital storage devices in Canada has seen a discernible movement in recent years towards sustainability, with producers placing a greater emphasis on ecologically friendly procedures and products.

    Customers are choosing storage options that show a dedication to lessening their influence on the environment as they grow more conscious of sustainability.

    Businesses are encouraged by this trend to develop greener technology, like employing recyclable materials and increasing production processes' energy efficiency. Businesses that promote environmentally friendly solutions will probably gain a competitive edge in this changing market scenario as Canadian consumers place a greater emphasis on sustainable practices.

    Canada Digital Storage Devices Market Drivers

    Market Segment Insights

    Canada Digital Storage Devices Market Segment Insights

    Canada Digital Storage Devices Market Segment Insights

    Digital Storage Devices Market Type Insights

    Digital Storage Devices Market Type Insights

    The Canada Digital Storage Devices Market is experiencing a noteworthy evolution, particularly within the Type segment, which includes Flash Storage, Solid State Drives, and Magnetic Disk Drives. Currently, Canada shows a strong adoption of digital storage solutions, driven by rapidly advancing technologies and an increasing focus on data management. Flash Storage is gaining significant traction for its speed and efficiency, playing a crucial role in smartphones, tablets, and various portable devices in Canada.

    The solid-state drives (SSDs) are also becoming increasingly prevalent due to their reliability and durability, making them the preferred choice for both consumers and enterprises in storing important data.

    This segment significantly benefits from the growing demand for faster read/write speeds across a wide array of applications. In contrast, Magnetic Disk Drives continue to hold their ground, especially in data centers and enterprises where vast amounts of data need to be stored cost-effectively. This segment traditionally dominates the large-capacity storage market.

    Canada's diverse economy pushes the need for efficient data storage solutions, with an increasing focus on sustainability and environmental impact, leading to innovations in storage technology.Moreover, the ongoing trends in cloud computing and the Internet of Things (IoT) are anticipated to further enhance the relevance of these types of storage devices, addressing the growing data needs of various sectors such as education, healthcare, and finance. 

    Digital Storage Devices Market Application Insights

    Digital Storage Devices Market Application Insights

    The Canada Digital Storage Devices Market, particularly in the Application segment, showcases robust demand driven by evolving consumer habits and technological advancements. Notably, Personal Computers have maintained a steady presence, largely due to their use in business and professional settings, supporting activities like video conferencing and digital content creation. Meanwhile, Laptops have surged in popularity, reflecting the shift towards remote work and learning, as they offer portability without compromising performance. In the mobile sector, Smartphones remain significant, equipped with enhanced storage capabilities to support multimedia consumption and applications.

    Collectively, these applications reflect broader trends in digital consumption and connectivity, highlighting the necessity for reliable storage solutions in both personal and professional domains. With the Canadian market embracing technology-driven lifestyles, the importance of these segments continues to grow, ensuring that data storage needs will remain a priority. This dynamic environment presents both challenges, such as data security, and opportunities for innovation, propelling the market forward as connectivity and storage requirements evolve.

    Digital Storage Devices Market Storage Insights

    Digital Storage Devices Market Storage Insights

    The Canada Digital Storage Devices Market has been significantly shaped by the storage segment, which has shown growth trends reflective of both consumer and enterprise demands. As digital content continues to proliferate, the need for efficient storage solutions has become increasingly critical. The segmentation of storage into categories such as up to 8 GB, 8-128 GB, and 128-512 GB highlights the diverse needs of Canadian users, ranging from basic, portable solutions to more substantial storage capacities for advanced applications.

    The segment up to 8 GB is notable for its appeal to users looking for economical and compact memory solutions, particularly in mobile devices and lightweight applications.

    In contrast, the 8-128 GB range caters to a growing market of portable devices that require moderate storage for everyday use, such as in smartphones and tablets, driving demand due to the continuous evolution of mobile technology. The 128-512 GB segment is critical for high-end users, including professionals in creative industries who require extensive storage for large files, such as video productions and graphic design projects.

    This segmentation reflects tailored solutions that align with the diverse demands of consumers while supporting trends like increased cloud storage usage and the rise of IoT devices in Canada.Overall, the ongoing digital transformation in Canada plays a pivotal role in shaping the landscape of digital storage solutions, influencing purchasing behaviors and paving the way for innovation within the market.

    Digital Storage Devices Market Usage Insights

    Digital Storage Devices Market Usage Insights

    The Canada Digital Storage Devices Market has shown a steady progression in its Usage segment, characterized by increasing reliance on digital storage solutions across various user groups, notably Individual and Enterprise users. The Individual segment is marked by a growing trend toward personal cloud storage and portable solutions, driven by the rising number of smartphones and personal computing devices in Canadian households. As more consumers seek to safeguard their digital memories and files, this segment has become a vital area within the overall market.In contrast, the Enterprise segment is crucial for organizations looking for secure and scalable storage solutions. 

    The demand for advanced data management systems, driven by digital transformation initiatives in various sectorsincluding government, finance, and healthcareunderscores its significance. Companies are increasingly adopting digital storage to enhance operational efficiency and data security, contributing to a dynamic landscape within the Canada Digital Storage Devices Market. As both segments evolve, the integration of emerging technologies such as artificial intelligence and machine learning is anticipated to influence market trends, driving innovations and redefining storage capabilities for users across Canada.

    Get more detailed insights about Canada Digital Storage Devices Market Research Report - Forecast to 2035

    Regional Insights

    Key Players and Competitive Insights

    Rapid technological advancements and an increasing consumer demand for data storage solutions characterize the Canada Digital Storage Devices Market. As digital transformation accelerates across various sectors, companies that produce digital storage devices are focusing on innovation to cater to diverse needs. Various factors, including product quality, technological capabilities, and price competitiveness, influence the competitive landscape. The market sees both established giants and emerging players vying for market share, which leads to dynamic shifts and adaptations in strategy to meet consumer expectations.

    Additionally, the growing trend of remote work and the need for efficient data management solutions have pushed several businesses to enhance their product offerings, facilitating a robust competitive environment where companies must keep innovating in order to maintain or increase their market presence.

    In Canada, Toshiba stands out as a reputable brand within the digital storage devices sector, known for its high-quality products and comprehensive range of storage solutions. Toshiba's strengths lie in its well-established reputation for reliability and performance, making it a preferred choice among consumers and businesses alike. The company has effectively utilized its technological advancements to offer products that align with the evolving needs of the Canadian market, ensuring that its users benefit from cutting-edge features and optimal storage capacity.

    With a strong distribution network and strategic partnerships within the region, Toshiba has managed to maintain a competitive purchasing influence, positioning itself favorably against rivals in the Canadian landscape. The company’s commitment to research and development contributes to its capability of introducing innovative products that address contemporary storage challenges, thus reinforcing its market presence.Crucial is another key player in the Canada Digital Storage Devices Market, recognized for providing high-performance memory and storage solutions. 

    The company offers a diverse array of products, including solid-state drives (SSDs) and DRAM modules, which are tailored to meet a wide range of consumer needs, from personal computing to enterprise-level storage solutions. Crucial's focus on producing high-quality, reliable products has allowed it to build a solid reputation among Canadian consumers, and its user-friendly solutions have attracted both casual users and professional sectors. The company has also strategically positioned itself through initiatives such as partnerships and acquisitions, enabling expansion within the Canadian market.

    This approach not only enhanced its product portfolio but also enabled Crucial to tap into new customer segments. The dedication to research and innovation, along with a commitment to delivering superb customer support, reinforces Crucial's standing as a competitive force in the Canadian digital storage landscape.

    Key Companies in the Canada Digital Storage Devices Market market include

    Industry Developments

    In the Canada Digital Storage Devices Market, recent developments have indicated a stable growth trajectory influenced by increasing data generation and demand for high-capacity storage solutions. Companies like Toshiba and Kingston Technology are at the forefront of innovation, focusing on expanding their solid-state storage solutions to cater to evolving consumer needs.With a focus on safe local data hosting and integration into hybrid infrastructures that adhere to Canadian data privacy standards, Leaseweb Canada launched a customized object storage service for Canadian enterprises in November 2024. 

    In order to improve its client relations across Canada, Seagate extended its reach in August 2024 by introducing a specialized Canadian e-commerce portal that allowed direct purchases of its storage devices and offered service in both French and English.

    Phison expanded its presence in Canada's professional storage solutions market in April 2025 when it teamed up with ASI Canada to launch the PASCARI brand and reveal the X200 SSD for enterprise use.Over the past two years, Canada has witnessed an increase in local manufacturing capabilities, with government initiatives supporting the growth of tech industries, thus boosting the digital storage sector's contribution to the national economy.

    Market Segmentation

    Digital Storage Devices Market Type Outlook

    • Flash Storage
    • Solid State Drives
    • Magnetic Disk Drives

    Digital Storage Devices Market Usage Outlook

    • Individual
    • Enterprise

    Digital Storage Devices Market Storage Outlook

    • up to 8 GB
    • 8-128 Gb
    • 128-512 Gb

    Digital Storage Devices Market Application Outlook

    • Personal Computer
    • Laptops
    • Smartphone

    Report Scope

     

    Report Attribute/Metric Source: Details
    MARKET SIZE 2023 0.79(USD Million)
    MARKET SIZE 2024 0.81(USD Million)
    MARKET SIZE 2035 0.88(USD Million)
    COMPOUND ANNUAL GROWTH RATE (CAGR) 0.725% (2025 - 2035)
    REPORT COVERAGE Revenue Forecast, Competitive Landscape, Growth Factors, and Trends
    BASE YEAR 2024
    MARKET FORECAST PERIOD 2025 - 2035
    HISTORICAL DATA 2019 - 2024
    MARKET FORECAST UNITS USD Million
    KEY COMPANIES PROFILED Toshiba, Crucial, ADATA Technology, Transcend Information, Kingston Technology, SanDisk, Hitachi Global Storage Technologies, Seagate Technology, Buffalo Technology, Western Digital, Samsung Electronics, Intel, Sony, LG Electronics, Pioneer Corporation
    SEGMENTS COVERED Type, Application, Storage, Usage
    KEY MARKET OPPORTUNITIES Increased data generation needs, Growing demand for cloud storage, Rising popularity of SSDs, Expansion of IoT devices, Advancements in data security features
    KEY MARKET DYNAMICS increasing data consumption, rapid technological advancements, growing cloud services adoption, rising demand for data security, shift to portable storage solutions
    COUNTRIES COVERED Canada

    Market Highlights

    Author
    Aarti Dhapte
    Team Lead - Research

    She holds an experience of about 6+ years in Market Research and Business Consulting, working under the spectrum of Information Communication Technology, Telecommunications and Semiconductor domains. Aarti conceptualizes and implements a scalable business strategy and provides strategic leadership to the clients. Her expertise lies in market estimation, competitive intelligence, pipeline analysis, customer assessment, etc.

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    FAQs

    What is the expected market size of the Canada Digital Storage Devices Market in 2024?

    The Canada Digital Storage Devices Market is expected to be valued at 0.81 million USD in 2024.

    What is the anticipated market growth rate for the Canada Digital Storage Devices Market from 2025 to 2035?

    The expected compound annual growth rate (CAGR) for the Canada Digital Storage Devices Market from 2025 to 2035 is 0.725 percent.

    How will the market size change by 2035 compared to 2024?

    By 2035, the Canada Digital Storage Devices Market is projected to increase to 0.88 million USD, reflecting continuous growth since 2024.

    What are the projected market values for different types of digital storage devices in Canada by 2035?

    By 2035, Flash Storage is expected to reach 0.33 million USD, Solid State Drives to 0.27 million USD, and Magnetic Disk Drives to 0.28 million USD.

    Who are the key players in the Canada Digital Storage Devices Market?

    Major players in the Canada Digital Storage Devices Market include Toshiba, Kingston Technology, Samsung Electronics, and Seagate Technology among others.

    What segment of the Canada Digital Storage Devices Market is valued the highest in 2024?

    In 2024, Flash Storage holds the highest value in the Canada Digital Storage Devices Market at 0.3 million USD.

    What challenges might the Canada Digital Storage Devices Market face in the upcoming years?

    Challenges include technological advancements that require continuous innovation and the increasing competition in the digital storage sector.

    What opportunities exist for growth in the Canada Digital Storage Devices Market?

    Opportunities for growth lie in the increasing demand for data storage solutions driven by sectors like cloud computing and big data analytics.

    How will the market for Solid State Drives perform compared to other segments by 2035?

    Solid State Drives are expected to experience steady growth, reaching 0.27 million USD by 2035, making it a significant segment in the market.

    What impact do current global trends have on the Canada Digital Storage Devices Market?

    Current global trends towards digitization and the increasing reliance on data storage are positively influencing growth in the Canada Digital Storage Devices Market.

    1. EXECUTIVE
    2. SUMMARY
    3. Market Overview
    4. Key Findings
    5. Market Segmentation
    6. Competitive Landscape
    7. Challenges and Opportunities
    8. Future Outlook
    9. MARKET INTRODUCTION
    10. Definition
    11. Scope of the study
    12. Research Objective
    13. Assumption
    14. Limitations
    15. RESEARCH
    16. METHODOLOGY
    17. Overview
    18. Data
    19. Mining
    20. Secondary Research
    21. Primary
    22. Research
    23. Primary Interviews and Information Gathering
    24. Process
    25. Breakdown of Primary Respondents
    26. Forecasting
    27. Model
    28. Market Size Estimation
    29. Bottom-Up
    30. Approach
    31. Top-Down Approach
    32. Data
    33. Triangulation
    34. Validation
    35. MARKET
    36. DYNAMICS
    37. Overview
    38. Drivers
    39. Restraints
    40. Opportunities
    41. MARKET FACTOR ANALYSIS
    42. Value chain Analysis
    43. Porter's
    44. Five Forces Analysis
    45. Bargaining Power of Suppliers
    46. Bargaining
    47. Power of Buyers
    48. Threat of New Entrants
    49. Threat
    50. of Substitutes
    51. Intensity of Rivalry
    52. COVID-19
    53. Impact Analysis
    54. Market Impact Analysis
    55. Regional
    56. Impact
    57. Opportunity and Threat Analysis
    58. Canada
    59. Digital Storage Devices Market, BY Type (USD Million)
    60. Flash
    61. Storage
    62. Solid State Drives
    63. Magnetic
    64. Disk Drives
    65. Canada Digital
    66. Storage Devices Market, BY Application (USD Million)
    67. Personal
    68. Computer
    69. Laptops
    70. Smartphone
    71. Canada
    72. Digital Storage Devices Market, BY Storage (USD Million)
    73. up
    74. to 8 Gb
    75. 128 Gb
    76. 512 Gb
    77. Canada
    78. Digital Storage Devices Market, BY Usage (USD Million)
    79. Individual
    80. Enterprise
    81. Competitive Landscape
    82. Overview
    83. Competitive
    84. Analysis
    85. Market share Analysis
    86. Major
    87. Growth Strategy in the Digital Storage Devices Market
    88. Competitive
    89. Benchmarking
    90. Leading Players in Terms of Number of Developments
    91. in the Digital Storage Devices Market
    92. Key developments
    93. and growth strategies
    94. New Product Launch/Service Deployment
    95. Merger
    96. & Acquisitions
    97. Joint Ventures
    98. Major
    99. Players Financial Matrix
    100. Sales and Operating Income
    101. Major
    102. Players R&D Expenditure. 2023
    103. Company
    104. Profiles
    105. Toshiba
    106. Financial
    107. Overview
    108. Products Offered
    109. Key
    110. Developments
    111. SWOT Analysis
    112. Key
    113. Strategies
    114. Crucial
    115. Financial
    116. Overview
    117. Products Offered
    118. Key
    119. Developments
    120. SWOT Analysis
    121. Key
    122. Strategies
    123. ADATA Technology
    124. Financial
    125. Overview
    126. Products Offered
    127. Key
    128. Developments
    129. SWOT Analysis
    130. Key
    131. Strategies
    132. Transcend Information
    133. Financial
    134. Overview
    135. Products Offered
    136. Key
    137. Developments
    138. SWOT Analysis
    139. Key
    140. Strategies
    141. Kingston Technology
    142. Financial
    143. Overview
    144. Products Offered
    145. Key
    146. Developments
    147. SWOT Analysis
    148. Key
    149. Strategies
    150. SanDisk
    151. Financial
    152. Overview
    153. Products Offered
    154. Key
    155. Developments
    156. SWOT Analysis
    157. Key
    158. Strategies
    159. Hitachi Global Storage Technologies
    160. Financial
    161. Overview
    162. Products Offered
    163. Key
    164. Developments
    165. SWOT Analysis
    166. Key
    167. Strategies
    168. Seagate Technology
    169. Financial
    170. Overview
    171. Products Offered
    172. Key
    173. Developments
    174. SWOT Analysis
    175. Key
    176. Strategies
    177. Buffalo Technology
    178. Financial
    179. Overview
    180. Products Offered
    181. Key
    182. Developments
    183. SWOT Analysis
    184. Key
    185. Strategies
    186. Western Digital
    187. Financial
    188. Overview
    189. Products Offered
    190. Key
    191. Developments
    192. SWOT Analysis
    193. Key
    194. Strategies
    195. Samsung Electronics
    196. Financial
    197. Overview
    198. Products Offered
    199. Key
    200. Developments
    201. SWOT Analysis
    202. Key
    203. Strategies
    204. Intel
    205. Financial
    206. Overview
    207. Products Offered
    208. Key
    209. Developments
    210. SWOT Analysis
    211. Key
    212. Strategies
    213. Sony
    214. Financial
    215. Overview
    216. Products Offered
    217. Key
    218. Developments
    219. SWOT Analysis
    220. Key
    221. Strategies
    222. LG Electronics
    223. Financial
    224. Overview
    225. Products Offered
    226. Key
    227. Developments
    228. SWOT Analysis
    229. Key
    230. Strategies
    231. Pioneer Corporation
    232. Financial
    233. Overview
    234. Products Offered
    235. Key
    236. Developments
    237. SWOT Analysis
    238. Key
    239. Strategies
    240. References
    241. Related
    242. Reports
    243. LIST
    244. OF ASSUMPTIONS
    245. Canada Digital Storage Devices Market
    246. SIZE ESTIMATES & FORECAST, BY TYPE, 2019-2035 (USD Billions)
    247. Canada
    248. Digital Storage Devices Market SIZE ESTIMATES & FORECAST, BY APPLICATION, 2019-2035
    249. (USD Billions)
    250. Canada Digital Storage Devices Market
    251. SIZE ESTIMATES & FORECAST, BY STORAGE, 2019-2035 (USD Billions)
    252. Canada
    253. Digital Storage Devices Market SIZE ESTIMATES & FORECAST, BY USAGE, 2019-2035
    254. (USD Billions)
    255. PRODUCT LAUNCH/PRODUCT DEVELOPMENT/APPROVAL
    256. ACQUISITION/PARTNERSHIP
    257. LIST
    258. Of figures
    259. MARKET SYNOPSIS
    260. CANADA
    261. DIGITAL STORAGE DEVICES MARKET ANALYSIS BY TYPE
    262. CANADA
    263. DIGITAL STORAGE DEVICES MARKET ANALYSIS BY APPLICATION
    264. CANADA
    265. DIGITAL STORAGE DEVICES MARKET ANALYSIS BY STORAGE
    266. CANADA
    267. DIGITAL STORAGE DEVICES MARKET ANALYSIS BY USAGE
    268. KEY
    269. BUYING CRITERIA OF DIGITAL STORAGE DEVICES MARKET
    270. RESEARCH
    271. PROCESS OF MRFR
    272. DRO ANALYSIS OF DIGITAL STORAGE DEVICES
    273. MARKET
    274. DRIVERS IMPACT ANALYSIS: DIGITAL STORAGE DEVICES
    275. MARKET
    276. RESTRAINTS IMPACT ANALYSIS: DIGITAL STORAGE DEVICES
    277. MARKET
    278. SUPPLY / VALUE CHAIN: DIGITAL STORAGE DEVICES
    279. MARKET
    280. DIGITAL STORAGE DEVICES MARKET, BY TYPE, 2025
    281. (% SHARE)
    282. DIGITAL STORAGE DEVICES MARKET, BY TYPE, 2019
    283. TO 2035 (USD Billions)
    284. DIGITAL STORAGE DEVICES MARKET,
    285. BY APPLICATION, 2025 (% SHARE)
    286. DIGITAL STORAGE DEVICES
    287. MARKET, BY APPLICATION, 2019 TO 2035 (USD Billions)
    288. DIGITAL
    289. STORAGE DEVICES MARKET, BY STORAGE, 2025 (% SHARE)
    290. DIGITAL
    291. STORAGE DEVICES MARKET, BY STORAGE, 2019 TO 2035 (USD Billions)
    292. DIGITAL
    293. STORAGE DEVICES MARKET, BY USAGE, 2025 (% SHARE)
    294. DIGITAL
    295. STORAGE DEVICES MARKET, BY USAGE, 2019 TO 2035 (USD Billions)
    296. BENCHMARKING
    297. OF MAJOR COMPETITORS

    Canada Digital Storage Devices Market Segmentation

    • Digital Storage Devices Market By Type (USD Million, 2019-2035)

      • Flash Storage
      • Solid State Drives
      • Magnetic Disk Drives

     

    • Digital Storage Devices Market By Application (USD Million, 2019-2035)

      • Personal Computer
      • Laptops
      • Smartphone

     

    • Digital Storage Devices Market By Storage (USD Million, 2019-2035)

      • up to 8 Gb
      • 8-128 Gb
      • 128-512 Gb

     

    • Digital Storage Devices Market By Usage (USD Million, 2019-2035)

      • Individual
      • Enterprise

     

     

     

     

     

     

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