North American Market Forecast
The next generation computing market in North America is projected to be the largest with revenue share of 37% by the end of 2037. One of the first nations to adopt the breakthroughs in next generation computing is North America. There are many foreign organizations and customers in the United States. In a same vein, hyperscale server farms which are extensively employed by informal business providers and distributed computing companies are growing in popularity. The largest search service in North America is supported by these factors. In 2023, the data center industry is expected to generate USD 105.90 billion in revenue. This will raise market demand during the forecast period.
Europe Market Statistics
The Europe next generation computing market is estimated to be the second-largest with over 29% share by the end of 2037. With time, computing technology has advanced to the point that mobile computers that are web-based and "almost always available" exist in the region Hardware will soon become a commodity, and the data it produces and the software that powers it will be what give it worth.
Author Credits: Abhishek Verma
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