North America Data Center Supply Soars: 70% Increase in Construction Activity

Tuesday, 20 August 2024, 08:06

Data center supply under construction in North America surged by 70%, reaching a record 3.9 gigawatts. This dramatic increase reflects the growing demand for digital infrastructure. CBRE Group's report highlights this vital trend in the market, emphasizing opportunities for investment.
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North America Data Center Supply Soars: 70% Increase in Construction Activity

Significant Growth in Data Center Supply

The amount of data center supply under construction in North America jumped by about 70% compared to a year ago, reaching a record 3.9 gigawatts. This remarkable increase indicates a strong demand for enhanced digital infrastructure across the region.

Demand Drivers

  • Increased cloud computing requirements
  • Rise in data consumption from businesses and consumers
  • Expansion of artificial intelligence applications

Market Opportunities

The 70% surge presents significant investment opportunities for stakeholders in the data center sector. Companies are prioritizing building new facilities to keep pace with this rapid growth trend, ensuring they stay at the forefront of emerging technologies.

As the demand continues to escalate, investors and operators are urged to capitalize on these opportunities within the booming data center market.


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.


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