CBRE Reveals Challenges Facing Global Data Center Markets in 2024
Challenges in the Global Data Center Market
CBRE's Global Data Center Trends 2024 analysis sheds light on pressing issues in the industry. It notes that many markets are currently experiencing significant power shortages, which has been identified as a primary constraint on growth.
Key Findings
- The demand for data centers is rising, influenced heavily by the growth of AI technologies.
- Construction delays are exacerbating supply issues across the globe.
- Power availability is increasingly becoming a limiting factor for expansion.
Conclusion
As the global data center market navigates these challenges, effective strategies and planning will become vital for continued development. By addressing power constraints and optimizing construction timelines, the market can better respond to the surging demand driven by technological advancements.
This article was prepared using information from open sources in accordance with the principles of Ethical Policy. The editorial team is not responsible for absolute accuracy, as it relies on data from the sources referenced.