Trends
North America sees 70% jump in data centre supply in construction
North America’s data centres construction in leading markets has seen a 70% increase, reaching an unprecedented 3.9 gigawatts. This expansion is not only reshaping the landscape of the tech industry but also influencing the economic prospects of various regions across the continent.
Headline
North America’s data centres construction in leading markets has seen a 70% increase, reaching an unprecedented 3.9 gigawatts. This expansion is not only reshaping the landscape of the tech industry but also influencing the economic prospects of various regions across the…
Context
OUR TAKE The construction and development of data centres, as key infrastructure supporting modern information technology, is of great interest to the industry. A recent study released by CBRE Group reveals the latest developments in data centre construction in North America, showing significant growth in the supply of data centre construction in the region. This phenomenon not only reflects the fierce competition among technology giants in the field of artificial intelligence and cloud computing, but also maps out the demand trends and future development direction of the global data centre market. –Elodie Qian, BTW reporter North American Data Centre Construction Surges by 70%, CBRE Reveals
Evidence
Pending intelligence enrichment.
Analysis
The construction of data centres in North America’s leading markets has seen a remarkable 70% increase, reaching an unprecedented 3.9 gigawatts, as reported by CBRE Group on Tuesday. Data centres, often likened to colossal computer warehouses, are more accurately gauged by the power consumption they incur. In the ongoing race among the world’s leading tech firms to expand in artificial intelligence and cloud computing sectors, the demand for power from data centres has skyrocketed. During the first half of 2024, over 500 megawatts of new data centres were introduced in the eight largest markets across the United States and Canada, a capacity that matches the entirety of Silicon Valley’s existing infrastructure, according to CBRE.
Key Points
- North America’s data centres construction in leading markets has seen a 70% increase, reaching an unprecedented 3.9 gigawatts.
- This expansion is not only reshaping the landscape of the tech industry but also influencing the economic prospects of various regions across the continent.
Actions
Pending intelligence enrichment.
