U.S. Data Centers
Overall data center demand growth has been solid in recent years, keeping average vacancy rates in the United States at 8 to 12% since 2014.
The COVID-19 pandemic has led to mass adoption of technologies, and the resulting increase in global internet traffic and data creation is without precedent, driving growth in demand for data centers.
Buildings designed specifically to house computer systems and network equipment
Data Centers are a critical part of society’s infrastructure; and based on current technological trends, they will continue to grow in importance.
The market size of the sector is currently estimated at US$300 billion.