Global Data Center Market Projected To Near $500 Billion By 2029
DataCenter Knowledge, Wednesday, November 27th, 2024
Most data center experts expect to see continued investment over the coming years, but power remains a key concern.
The global data center market is projected to reach nearly $500 billion by 2029, driven by investment in AI, cloud computing, and digital infrastructure, according to new research from law firm DLA Piper.
In a survey of 176 senior executives on the topic of data center investment opportunities, most expressed confidence about the sector's future, with 70% of respondents predicting increased investment in data centers in the next two years.