The Canada Data Center Market Report is Segmented by Data Center Size (Large, Massive, Medium, Mega, and Small), Tier Type (Tier 1 and 2, Tier 3, and Tier 4), Data Center Type (Hyperscale/Self-built, Enterprise/Edge, and Colocation), End User (BFSI, IT and ITES, E-Commerce, Government, Manufacturing, Media and Entertainment, Telecom, and More). The Market Forecasts are Provided in Terms of IT Load Capacity (MW).

In 2023, the Canada Data Center Market value reached $10.26 billion, and is projected to surge to $22.24 billion by 2030 due to rapid digital transformation

The Canada Data Center Power Market report segments the industry into Power Infrastructure (Electrical Solution, Service) and End User (IT and Telecommunication, BFSI, Government, Media and Entertainment, Other End Users). Get five years of historical data alongside five-year market forecasts.

The Canada data center market size will witness investments of USD 12.27 billion by 2030, growing at a CAGR of 14.54% during the forecast period.

Canada Data Center Construction Market is Segmented by Tier Type (Tier 1 and 2, Tier 3 and Tier 4), Data Center Type(Colocation, Self-Built Hyperscalers (CSPs), Enterprise, and Edge), Infrastructure (Electrical Infrastructure, Mechanical Infrastructure). The Market Forecasts are Provided in Terms of Value (USD).

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Data Center Market Size 2025-2029

The data center market size is valued to increase USD 535.6 billion, at a CAGR of 15.6% from 2024 to 2029. Rise in adoption of multi-cloud and network upgrades will drive the data center market.

Major Market Trends & Insights

North America dominated the market and accounted for a 35% growth during the forecast period.
By Component - IT infrastructure segment was valued at USD 109.40 billion in 2023
By End-user - BFSI segment accounted for the largest market revenue share in 2023

Market Size & Forecast

Market Opportunities: USD 248.77 billion
Market Future Opportunities: USD 535.60 billion
CAGR : 15.6%
North America: Largest market in 2023

Market Summary

The market represents a dynamic and continually evolving landscape, driven by the increasing demand for digital transformation and the adoption of advanced technologies. Core technologies, such as artificial intelligence (AI) and multi-cloud solutions, are revolutionizing data center operations, with AI implementation projected to increase by 40% by 2025. Meanwhile, applications in sectors like finance, healthcare, and retail are fueling the growth of data centers. Service types, including colocation, managed services, and cloud services, are adapting to meet the demands of these evolving applications.
Regulatory compliance, particularly around data security and privacy, remains a significant challenge. Despite these hurdles, opportunities abound, with the market expected to grow at a steady pace, particularly in regions like Asia Pacific and Europe, where digital transformation is accelerating.

What will be the Size of the Data Center Market during the forecast period?

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How is the Data Center Market Segmented and what are the key trends of market segmentation?

The data center industry research report provides comprehensive data (region-wise segment analysis), with forecasts and estimates in 'USD billion' for the period 2025-2029, as well as historical data from 2019-2023 for the following segments.

Component

  IT infrastructure
  Power management
  Mechanical construction
  General construction
  Security solutions


End-user

  BFSI
  Energy
  IT
  Others


Design

  Traditional
  Containerized
  Modular


Data Center Size

  Small and Medium Data Centers
  Large Data Centers


Tier Type

  Tier 1 and 2
  Tier 3
  Tier 4


Type

  Enterprise Data Centers
  Colocation Data Centers
  Cloud Data Centers
  Managed Data Centers
  Edge Data Centers


Geography

  North America

    US
    Canada


  Europe

    France
    Germany
    Italy
    UK


  Middle East and Africa

    UAE


  APAC

    China
    India
    Japan


  South America

    Brazil


  Rest of World (ROW)

By Component Insights

The it infrastructure segment is estimated to witness significant growth during the forecast period.

Data centers are essential IT infrastructure components that house the hardware and systems required to support the increasing demand for computing power and data storage. The market encompasses various technologies, including server hardware, storage infrastructure, software-defined data centers (SDDC), network infrastructure, converged infrastructure, backup and recovery software, automation software, and data center infrastructure management (DCIM) solutions. Enterprises worldwide are adopting cloud technologies, leading to a shift from on-premises data centers to cloud-based alternatives. This trend is fueled by the need for scalability, flexibility, and cost savings. According to recent reports, the adoption of cloud services has grown by 25%, with an estimated 30% of all workloads expected to be run in the cloud by 2022.

Moreover, the rise of edge computing and the Internet of Things (IoT) is driving the demand for bandwidth utilization and low latency, leading to the deployment of edge data centers. The uninterruptible power supply (UPS) systems market is projected to expand at a steady pace due to the increasing importance of ensuring data center uptime and minimizing downtime. Structured cabling systems and fiber optic cabling are essential for efficient data transfer and communication within data centers. The market for these systems is expected to grow by 12% due to the need for high-speed connectivity and the increasing adoption of advanced technologies like software-defined networking (SDN) and hyperconverged infrastructure (HCI).

Data center automation and virtual machine management are crucial for managing the complexity of modern data centers. These technologies are expected to experience a growth rate of 15%, driven by the need for efficient resource utilization and the increasing adoption of DevOps practices. The market for high-availability clusters and disaster recovery planning solutions is expecte

The Canada data center power market is projected to grow from USD 519.20 million in 2025 to USD 1,496.7 million by 2033, at a CAGR of 12.70% during 2025-2033. The growth of the market is attributed to the increasing adoption of cloud and edge computing, the rising demand for data storage and processing, and the growing number of data centers in the country. The growth of the market is also driven by the need for reliable and efficient power solutions for data centers. Data centers require a constant and uninterrupted power supply to ensure the smooth operation of IT equipment and avoid data loss. The power infrastructure segment is expected to hold the largest market share during the forecast period due to the high demand for UPS systems, generators, and power distribution solutions. The IT and telecommunication segment is expected to be the largest end-user segment, followed by the BFSI and government segments. The market is highly competitive, with several major players operating in the country, including Fujitsu Limited, Caterpillar Inc., ABB Ltd., Rittal GmbH & Co KG, Rolls-Royce PLC, Cisco Systems Inc., Cummins Inc., Vertiv Group Corp., Legrand Group, Schneider Electric SE, and Eaton Corporation. Recent developments include: December 2023: Eaton, an intelligent power management company, announced the launch of its new Rack PDU G4 (4th generation) that provides high security and business continuity data center. It also combines with C39 outlets that securely connect both C14 and C20 power cords, backed by a locking mechanism and a built-in high retention system that secures the power cord., November 2023: ABB Ltd announced the launch of the Protecta Power panel board, designed for industrial, commercial, and institutional buildings. It is integrated with digital monitoring and control technology while enhancing durability and safety.. Key drivers for this market are: Rising Adoption of Mega Data Centers and Cloud Computing, Increasing Demand to Reduce Operational Costs. Potential restraints include: High Cost of Installation and Maintenance. Notable trends are: Monitored PDU is Anticipated to be the Largest Segment.

Canada Data Center Storage Market Report Segments the Industry Into Storage Technology (Network Attached Storage (NAS), and More), Storage Type (Traditional Storage, and More), Data Center Type (Colocation Facilities and More), Form Factor(Rack-Mounted and More), Interface(sas / SATA, and More)and End User (IT and Telecommunication, and More). The Market Forecasts are Provided in Terms of Value (USD).

The Canadian data center market is experiencing robust growth, driven by increasing digital transformation initiatives across various sectors and the burgeoning demand for cloud services. The market, currently estimated at $X billion CAD in 2025 (assuming a reasonable market size based on global trends and comparable economies), is projected to exhibit a strong Compound Annual Growth Rate (CAGR) of X% between 2025 and 2033. Key drivers include the expanding e-commerce landscape, heightened government investments in digital infrastructure, and the rise of big data analytics. Ontario and Quebec remain the dominant hotspots, benefiting from established infrastructure and a skilled workforce. However, growth is also evident in other regions of Canada as businesses seek improved connectivity and disaster recovery options. The market segmentation reveals a diverse landscape with a significant portion allocated to large and massive data centers, primarily catering to hyperscale cloud providers and wholesale colocation clients. Tier 1 and 2 facilities dominate the market, reflecting a preference for high-availability and robust infrastructure. While some capacity remains non-utilized, strong absorption rates indicate a healthy market with considerable potential for future expansion. The Canadian data center market's growth is not without challenges. Constraints include high energy costs in some regions, the need for skilled personnel, and the complexities associated with securing necessary permits and approvals for new facilities. However, these challenges are being addressed through innovative solutions like renewable energy adoption and streamlined regulatory processes. The increasing adoption of edge computing and the continued development of 5G networks are anticipated to further propel market growth over the forecast period. The diverse end-user segments, encompassing BFSI, cloud providers, e-commerce, government, and other sectors, ensure a resilient and broadly based market poised for continued expansion throughout the next decade. The presence of established players like Equinix, Cologix, and others, alongside emerging smaller data center providers, fosters a competitive yet collaborative environment that promotes innovation and further accelerates market expansion. Recent developments include: June 2022: Cologix announced its continued strategic partnership with Console Connect by PCCW Global by deploying the Console Connect Software-Defined Interconnection platform at Cologix’s TOR1 data center in Toronto. This marked Console Connect’s second PoP within Cologix’s Canadian market and interconnection ecosystem. The first was available in December 2021 at Cologix’s MTL7 data center in Montréal.May 2022: NetIX, the Bulgarian global platform, partnered with data center company eStruxture to provide global connectivity solutions in Canada. According to eStruxture, the collaboration would enable customers to access all of NetIX’s global locations, Internet Exchange Points (IXPs), and NetIX’s Global Internet Exchange (GIX) peering solutions directly from any one of eStruxture’s data centers through the Tunnelling over Internet (ToI) service.March 2022: eStruxture announced signing a definitive agreement to acquire all 8 Canadian data centers from Aptum Technologies, with all customers and employees associated with its colocation business. The addition of these strategic locations complemented eStruxture's then existing portfolio of 6 data centers in Montreal, Vancouver, and Calgary.. Notable trends are: OTHER KEY INDUSTRY TRENDS COVERED IN THE REPORT.

The Canada data center market is experiencing robust growth, projected to maintain a Compound Annual Growth Rate (CAGR) of 6.00% from 2025 to 2033. While the exact market size for 2025 is not provided, based on industry trends and comparable markets, a reasonable estimation places the market value at approximately $2 billion (USD) in 2025. This substantial market size is fueled by several key drivers. The increasing adoption of cloud computing and big data analytics necessitates robust data center infrastructure to support the growing volume of data. Furthermore, stringent government regulations surrounding data privacy and security are driving organizations to invest in on-premise and colocation data center solutions within Canada. The expansion of 5G networks and the rise of the Internet of Things (IoT) also contribute significantly to the demand for enhanced data center capacity and connectivity. Growing e-commerce activities and the digital transformation of various industries further solidify this upward trajectory. The market's growth is not without its challenges. High capital expenditure requirements for building and maintaining data centers, along with potential power shortages in certain regions, pose significant restraints. However, ongoing investments in renewable energy sources and government initiatives aimed at improving digital infrastructure are actively mitigating these challenges. Market segmentation is likely driven by data center type (hyperscale, colocation, enterprise), location (urban centers vs. rural areas), and service offerings (managed services, connectivity). Key players such as Rackspace, Equinix, and Digital Realty Trust are actively shaping the market landscape through strategic expansions and acquisitions, further intensifying competition and driving innovation. The forecast period indicates continued expansion, with the market poised to reach significant heights by 2033. The Canadian data center market presents a compelling investment opportunity for both established players and emerging businesses looking to capitalize on the burgeoning demand for advanced data infrastructure. Key drivers for this market are: , High Mobile penetration, Low Tariff, and Mature Regulatory Authority; Successful Privatization and Liberalization Initiatives. Potential restraints include: , Difficulties in Customization According to Business Needs. Notable trends are: OTHER KEY INDUSTRY TRENDS COVERED IN THE REPORT.

Canada Data Centers: 116 data centers and 19 upcoming data centers in Canada. List of Colocation and Cloud data facilities in Canada.

The Canada data center colocation market size was valued at USD 1.38 billion in 2024 and is expected to reach USD 2.11 billion by 2030, growing at a CAGR of 7.33% during the forecast period.

Canada Data Center Cooling Market Report Segments the Industry Into by Cooling Technology (Air-Based Cooling, Liquid-Based Cooling), Data Center Type(Hyperscale (Owned and Leased), Colocation and More), and Tier Type(Tier 1 and 2, Tier 3 and More), Component(service, Equipment). The Market Sizes and Forecasts are Provided in Terms of Value (USD Million) for all the Above Segments.

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Hyperscale Data Center Market Size 2025-2029

The hyperscale data center market size is forecast to increase by USD 485.5 billion, at a CAGR of 38.4% between 2024 and 2029.

The market is experiencing significant growth, driven by the escalating demand for data center colocation facilities. Businesses are increasingly seeking to outsource their IT infrastructure to hyperscale data centers, which offer cost savings, improved scalability, and enhanced security. Additionally, advancements in infrastructure technologies, such as Artificial Intelligence (AI) and the Internet of Things (IoT), are fueling the need for more robust and efficient data center solutions. However, the market also faces challenges. The consolidation of data centers is intensifying competition, as major players continue to expand their offerings and acquire smaller competitors. Furthermore, the increasing complexity of managing large-scale data centers presents operational challenges, including energy efficiency, cooling systems, and network connectivity. Companies must navigate these obstacles to effectively capitalize on the market's potential and maintain a competitive edge. To succeed, they must focus on delivering innovative solutions that address the evolving needs of their customers while ensuring operational efficiency and cost-effectiveness.

What will be the Size of the Hyperscale Data Center Market during the forecast period?

Explore in-depth regional segment analysis with market size data - historical 2019-2023 and forecasts 2025-2029 - in the full report.
Request Free SampleThe market continues to evolve, with dynamic market activities shaping its landscape. Cloud storage solutions are increasingly being adopted, leading to data center consolidation and the rise of modular data centers. Power management and data center efficiency are key areas of focus, with an emphasis on renewable energy and green data centers. Cloud service providers are expanding their offerings, incorporating block storage, database services, and data analytics platforms. Data center construction and simulation tools are streamlining the design process, while data center interconnection and network security solutions are enhancing connectivity and protecting against cyber threats. High-performance computing and managed services are driving innovation in various sectors, including finance, healthcare, and research. Data sovereignty and data governance are becoming crucial considerations, with DNS management and IP addressing playing important roles in ensuring data privacy and compliance. Micro data centers and edge computing are gaining traction, extending data processing capabilities closer to the source. Hyperscale computing and load balancers are enabling scalable infrastructure, while hybrid cloud models and business continuity solutions are ensuring uptime and disaster recovery. Data center optimization, capacity planning, and virtualization technologies are optimizing network bandwidth and server utilization. Power usage effectiveness and water usage effectiveness are essential metrics, with building management systems and environmental monitoring solutions helping to reduce carbon footprint. Data center certifications and standards are ensuring best practices and driving industry growth. Cloud cost optimization and cloud migration are ongoing priorities, with infrastructure as code and machine learning solutions streamlining operations and reducing costs. Artificial intelligence and network switches are enhancing network performance and enabling new applications. Fiber optic cables and data center automation are improving network connectivity and efficiency. Overall, the market is characterized by continuous innovation and evolution, with a diverse range of applications and technologies shaping its future.

How is this Hyperscale Data Center Industry segmented?

The hyperscale data center industry research report provides comprehensive data (region-wise segment analysis), with forecasts and estimates in 'USD billion' for the period 2025-2029, as well as historical data from 2019-2023 for the following segments. TypeCritical infrastructureSupport infrastructureEnd-userBFSIEnergyITOthersComponentSolutionsServiceDeployment TypeGreenfieldBrownfield GreenfieldBrownfield Energy SourceRenewable EnergyUPS SystemsHybrid PowerEnergy StorageGeographyNorth AmericaUSCanadaEuropeFranceGermanyItalyUKMiddle East and AfricaUAEAPACChinaIndiaJapanSouth AmericaBrazilRest of World (ROW).

By Type Insights

The critical infrastructure segment is estimated to witness significant growth during the forecast period.In the dynamic data center market, design plays a crucial role in accommodating various technologies such as NoSQL databases, edge computing, DDoS protection, software-defined networking, content delivery networks, and more. Renewable energy and green data centers are increasingly prioritized to reduce carbon f

The Canada Data Center Server Market is Segmented by Form Factor (Blade Server, Rack Server, and Tower Server) and by End User (IT and Telecommunication, BFSI, Government, Media and Entertainment, and Other End Users). The Market Sizes and Forecasts are Provided in Terms of Value (USD) for all the Above Segments.

The Canada data center cooling market is experiencing robust growth, fueled by the increasing adoption of data centers across various industries and the rising demand for high-performance computing. The market, valued at an estimated $30 million CAD in 2025 (based on a proportional assessment of the global market size and considering Canada's relative IT infrastructure), is projected to expand at a Compound Annual Growth Rate (CAGR) of 12.5% from 2025 to 2033. This growth is driven by several key factors: the surging demand for cloud services and big data analytics, which necessitate efficient and reliable cooling solutions; the increasing deployment of hyperscale data centers, demanding advanced cooling technologies like immersion cooling and direct-to-chip cooling; and a growing focus on sustainability and energy efficiency within the data center industry, pushing the adoption of energy-saving cooling technologies like economizers. The market segmentation reveals a significant share held by air-based cooling systems, particularly CRAC and CRAH units, due to their established presence and relatively lower initial investment costs. However, liquid-based cooling technologies are expected to gain traction over the forecast period, driven by their higher cooling efficiency and suitability for high-density computing environments. The hyperscale data center segment is anticipated to dominate market share, owing to the large-scale deployments of these facilities by major cloud providers. The significant players in the Canadian market, including Johnson Controls, Schneider Electric, and Vertiv, are actively investing in research and development to enhance their product offerings and meet the evolving needs of data center operators. The enterprise and colocation segments are also contributing to market growth, driven by the increasing adoption of on-premise data centers by businesses and the rising demand for colocation services. Regulatory pressures to reduce carbon emissions are further encouraging the adoption of energy-efficient cooling technologies, thus shaping the competitive landscape. While initial investment costs can be a restraint, especially for smaller enterprises, the long-term benefits of improved energy efficiency and reduced operational costs are increasingly outweighing this barrier. The healthcare, IT & Telecom, and retail sectors are expected to be major end-users, owing to their increasing reliance on data and digital technologies. Canada Data Center Cooling Market: A Comprehensive Report (2019-2033) This comprehensive report provides an in-depth analysis of the Canada data center cooling market, offering valuable insights for stakeholders across the value chain. With a study period spanning 2019-2033, a base year of 2025, and a forecast period of 2025-2033, this report leverages historical data (2019-2024) to provide accurate market estimations and future projections. The report covers key market segments, including cooling technologies (air-based and liquid-based), data center types (hyperscale, enterprise, colocation), and end-user industries, providing a granular understanding of market dynamics. The report also highlights significant industry developments and provides profiles of leading players such as Johnson Controls International PLC, Asetek A/S, Rittal GMBH & Co KG, Emerson Electric Co, Schneider Electric SE, Mitsubishi Electric Hydronics & IT Cooling Systems SpA, Fujitsu General Limited, Stulz GmbH, Airedale International Air Conditioning, and Vertiv Group Corp. Recent developments include: March 2024: German heat exchanger manufacturer Kelvion and US immersion cooling company Rosseau announced a partnership to deliver enhanced immersion cooling solutions for the high-performance computing (HPC) market., January 2024: Data center firm Aligned launched a new liquid cooling system called DeltaFlow. The liquid cooling technology is designed to support high-density computing requirements and supercomputers and can cool densities up to 300 kW per rack. The new DeltaFlow system works simultaneously with Aligned's air-cooled Delta technology, enabling no change in power delivery or existing data hall temperatures.. Key drivers for this market are: Increasing Trend of High-Performance Computing across Europe, Growing Rack Power Density. Potential restraints include: High Initial Investments. Notable trends are: The IT & Telecommunication Segment Holds the Majority Share.

The revenue in the data center market in Canada was modeled to amount to ************ U.S. dollars in 2024. Between 2017 and 2024, the revenue rose by ************ U.S. dollars, though the increase followed an uneven trajectory rather than a consistent upward trend. The revenue will steadily rise by ************ U.S. dollars over the period from 2024 to 2029, reflecting a clear upward trend.Further information about the methodology, more market segments, and metrics can be found on the dedicated Market Insights page on Data Center.

The Canada Data Center Server report features an extensive regional analysis, identifying market penetration levels across major geographic areas. It highlights regional growth trends and opportunities, allowing businesses to tailor their market entry strategies and maximize growth in specific regions.

In Canada Data Center Chip Market, offering valuable insights, key market trends, competitive landscape, and future outlook to support strategic decision.

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Edge Data Center Market Size 2025-2029

The edge data center market size is valued to increase USD 45.1 billion, at a CAGR of 32.8% from 2024 to 2029. Rising demand for video streaming services will drive the edge data center market.

Major Market Trends & Insights

North America dominated the market and accounted for a 47% growth during the forecast period.
By End-user - IT and telecommunication segment was valued at USD 1.91 billion in 2023
By Component - IT infrastructure segment accounted for the largest market revenue share in 2023

Market Size & Forecast

Market Opportunities: USD 965.20 million
Market Future Opportunities: USD 45102.00 million
CAGR from 2024 to 2029 : 32.8%

Market Summary

The market is a dynamic and evolving sector, driven by the increasing demand for low-latency data processing and the rising adoption of cloud services. Core technologies, such as 5G networks and the Internet of Things (IoT), are fueling the growth of edge computing, which enables data processing at the source rather than in traditional data centers. This trend is particularly evident in the implementation of AI in data centers and the monitoring of edge data center equipment across multiple locations. According to a recent study, the global edge computing market is projected to reach a 27% compound annual growth rate (CAGR) by 2027. This growth is being driven by the need for faster response times and the increasing volume of data being generated at the edge. Additionally, regulatory requirements, such as data privacy laws, are pushing organizations to adopt edge data centers to ensure compliance and reduce latency.

What will be the Size of the Edge Data Center Market during the forecast period?

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How is the Edge Data Center Market Segmented ?

The edge data center industry research report provides comprehensive data (region-wise segment analysis), with forecasts and estimates in 'USD million' for the period 2025-2029, as well as historical data from 2019-2023 for the following segments. End-userIT and telecommunicationManufacturing and automotiveBFSIHealthcare and life sciencesOthersComponentIT infrastructureGeneral constructionPower management systemsCooling systemsOthersGeographyNorth AmericaUSCanadaEuropeGermanyUKAPACChinaRest of World (ROW)

By End-user Insights

The it and telecommunication segment is estimated to witness significant growth during the forecast period.

The market in the IT sector represents the demand for edge data centers designed to address the requirements of the IT industry. Edge data centers are decentralized facilities that bring computing resources closer to end-users or data sources, thereby reducing network congestion and enhancing application performance. These data centers play a pivotal role in supporting various IT services, such as cloud computing, content delivery networks (CDNs), the Internet of Things (IoT), artificial intelligence (AI), and real-time analytics. According to recent studies, the adoption of edge data centers in the IT sector has witnessed a significant increase, with approximately 30% of enterprises implementing edge computing architecture in their IT infrastructure. Furthermore, industry experts anticipate that the market for edge data centers will continue to expand, with an estimated 45% of enterprise-generated data being processed at the edge by 2025. Moreover, edge data centers are instrumental in enhancing the efficiency of IT infrastructure management by optimizing server rack density, capacity planning, and bandwidth optimization. They also facilitate the integration of hardware acceleration, software-defined networking, and virtual machine density, enabling high-density computing and improved power usage effectiveness. In addition, edge data centers offer enhanced cybersecurity protocols, remote data storage, and disaster recovery planning, making them an attractive option for businesses seeking to minimize network latency and ensure data center uptime. Furthermore, the integration of 5G networks and hyperscale infrastructure is expected to drive further growth in the market. Edge data centers also cater to the evolving needs of various sectors, including healthcare, manufacturing, and retail, by providing micro data centers, colocation services, and remote monitoring systems. These facilities enable businesses to maintain physical security measures, data center automation, and cloud connectivity, ensuring optimal IT infrastructure performance and security.

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The IT and telecommunication segment was valued at USD 1.91 billion in 2019 and showed a gradual increase during the forecast period.

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Regional Analysis

North America is estimated to contribute 47% to the growth of the global market during the forecast p