new economy hotspots

In America, there are three primary categories of cities or places with a high concentration of technology companies. They are:

(1) traditional high-tech industrial complexes, such as Silicon Valley, Research Triangle, and northern Virginia;
(2) urban technology centers, such as Pioneer Square in Seattle; and
(3) latte towns, such as Austin and Boulder.

The list of American cities that have a high concentration of technology companies also includes Atlanta, Austin, Boca Raton, Boston, Denver, Minneapolis-St. Paul, San Francisco, Seattle, and Washington, D.C.

Historical perspective: In 2017, There were 31 "megacities," cities with a population of at least 10 million, around the world, compared with just three in 1975. Six of the world’s 10 largest cities are in Asia; none are in Europe.

By 2018, urban areas made up just 3.6% of the total land in the 48 contiguous United States, but now 4 in 5 Americans live in these areas, and the number continues to grow at a rapid rate.

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