Global Data Centre Market Set for Explosive Growth Fuelled by APAC Boom and AI Adoption

The global digital infrastructure market is on the cusp of a transformative period. Growth is driven by a confluence of factors propelling growth across markets in the Americas, the Asia Pacific (APAC), Europe, Middle East, and Africa (EMEA) regions. In its 2024 Global Data Centre Index report, DC Byte delves into trends, such as the rapid adoption of artificial intelligence (AI) technologies and substantial investments from major players, that are shaping the future of digital infrastructure.

“The Global Index report comprehensively analyses the data centre market, examining growth dynamics and challenges across key regions,” says Edward Galvin, CEO of DC Byte. “It provides a broad overview of the global market, highlighting its overarching trends and key drivers.”

The report explores a deep dive into specific regions, showcasing a carefully chosen selection of hubs representing different development stages. Each regional section features:

• A developed market: This section provides insights into a mature market leader, showcasing established infrastructure and ongoing expansion strategies.
• A developing market: This section explores a rapidly growing market with significant potential and unique characteristics.
• An interest market: This section highlights a market on the cusp of significant growth, offering valuable insights into its early-stage potential and challenges.

Examining a diverse range of markets within each region, we aim to paint a comprehensive picture of the worldwide data centre landscape.

Americas: Market Leader, Embracing AI

The Americas remains the global leader in overall digital infrastructure across all supply categories, doubling Live Supply from 2018 to 2023. This leadership position is expected to continue, driven by strong demand from global Cloud Service Providers (CSPs) and OTT service providers who rely on massive self-build data center campuses.

Notably, the United States has led the adoption of AI and machine learning (ML). Driven by the democratization of AI, which has spurred the uptake of generative AI and ML applications, this surge in usage results in heightened demand for data center capacity across the region.

Key highlight markets in the Americas region include:

• Virginia

Virginia is the world’s largest data center market, with over 4 gigawatts of operational power and plans to double that capacity. With vacancy rates near 1%, Virginia’s data center dominance is assured for years.

• New Albany

New Albany is the data center capital of the Midwest. Its strategic location, affordable land, and accessible power attracted significant players like AWS, Microsoft, and Google, leading to billions in investments and a tripling of current data center capacity.

• Salt Lake City

Salt Lake City is rapidly emerging as a major data center hub due to supply-side factors such as attractive tax structures, low electricity costs, and a climate that facilitates free cooling.

A Future Built on Innovation

The DC Byte 2024 Global Index report highlights the robustness of the data centre market, offering comprehensive insights into overarching trends and detailed analyses of regional focal points. This paints a picture of a market brimming with untapped potential poised for continued and significant growth across all regions.