AI Infrastructure Market Share

North America Market Statistics

The AI infrastructure market in North America is slated to hold the largest share of 41.9% during the forecast period. The growth in this region is driven by the surge in data centers for its storage and processing. For instance, the United States International Trade Commission published a report in May 2021, estimating a 50% increase in the creation of new data as compared to 2020, surpassing 1.2 trillion gigabytes of data production. Owing to this the data center construction will show a tremendous growth rate in the forecast period.

In the U.S., there is a tremendous boost in the emergence of startups, which will act as a rising factor for the AI infrastructure industry as they will need more IoT. Additionally, the Center for American Progress in 2024 estimated an influence in the growth rate of about 16% between 2019 and 2023 in the number of startups and firms.

The prevalence of various cloud-based service providers in Canada such as Sync.com, Leonovus, and Eleks will demand AI infrastructure for enhanced functioning. According to the Cloud Computing Statistics in Canada 2024, about 92% of companies in Canada use some type of cloud computing. They set about 29% of the IT budget for cloud computing.

APAC Market Analysis

The AI infrastructure market in Asia Pacific will also encounter huge growth during the forecast period with a notable size, accounting for the second position. This growth is led by the increasing digitization in various sectors such as banking, telecommunication, healthcare, and automotive. American Medical Association in January 2024 surveyed 1091 physicians, and about 56.0% witnessed improved patient convenience, coordination, and safety after AI was incorporated into healthcare.

In China, investments from private and government sectors in digital infrastructure are boosting AI infrastructure. World Economic Forum 2023 estimated that by 2030 the internet economy in Asia is fueled to surpass USD 1 trillion, credited to the slated base of digital applications and consumers. This will significantly drive the AI infrastructure market.

Japan is predicted to have a high rise in technology coupled with several advancements and innovations in storage management software. A report published by the World Intellectual Organization in 2022 concluded that Japan ranked 11^th for its inputs in innovation both in 2022 and 2021. Japan also ranks 12^th in the top 48 economies of the high-income group.