Global Data Center Market Comparison (Cushman & Wakefield)

Key Takeaways

• The data center market grew to new highs in 2023, with over 30GW encompassed in this report, including a more complete coverage of both colocation and hyperscale self-build inventory over last year’s edition.
• Power became a paramount concern, with the increasingly limited availability of large blocks of power across major markets.
• These power limitations have pushed data center operators to further evaluate untapped and smaller markets worldwide.
• Artificial intelligence proves to substantially grow demand worldwide, altering both site selection strategy and data center design.
• Despite challenges with power availability, larger markets have maintained momentum with their pipelines, through growing outlying submarkets