Why are data centers growing? The growth of the data center market is attributed to the increasing number of data centers due to rising investment by the government as well as large enterprises into IT infrastructure along with the rapid shift of businesses towards a cloud environment.
Who is building new data centers? As demand for Google Cloud soars, Google is building a new data center in Nebraska as part of its strategy to invest $9.5 billion in data centers and offices in 2022.
Are data centers in demand? Demand for data centers set a new record in 2021, particularly in the United States, which absorbed 885.7MW across 14 domestic markets – a 44.3% increase year-over-year from 2020, which itself set a record of 614 MW, an increase of more than 70% from 2019.
Where are the most data centers being built? CBRE cites Northern Virginia has having the largest under-construction pipeline at 239 MW, followed by Hillsboro, Oregon (234.8 MW) and Atlanta (160.5 MW).