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Industry NewsIndustryNews

Sep 3, 2024

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Below is a compilation of recent industry news on the global data centers sector.  Please note: the views and opinions expressed are those of the authors and do not necessarily reflect the position of PGIM Real Estate.

 

IEA: Global data center electricity consumption to "increase significantly," but remain a small part of overall usage

Sebastian Moss, October 16, 2024

The IEA projects a significant rise in global data center electricity consumption driven by AI and digitalization, but it will remain a minor contributor to overall demand.

Article link

Amazon and Google have plans for fueling their data centers: Nuclear power

CBS/AP, October 16, 2024

Amazon is investing in small modular nuclear reactors to provide scalable, carbon-free energy for its data centers and AI operations, aiming to achieve its 2040 net-zero carbon target, following similar initiatives by Google and Microsoft.

Article link

World Energy Outlook 2024

International Energy Agency (IEA), October, 2024

The IEA's annual World Energy Outlook is a key resource for energy trends and projections, addressing issues like energy security, emissions and economic development.

Article link

American Data Center Update

Cushman & Wakefield, October 3, 2024

 Data Center Vacancy Falls to 3% in the Americas with 80% of New Construction Pre-Leased

Article Link

How data centers and the energy sector can sate AI’s hunger for power

McKinsey & Company, September 17, 2024

The growth of data centers and the adoption of AI rely on the availability of electric power. Opportunities for investors in power infrastructure and adjacent sectors are quickly emerging.

Article link

U.S. Data Center Report - Midyear 2024

JLL, August 27, 2024

Opportunities and challenges for the data center sector.

Article link

Analysts: Hyperscale vs. Colo Data Center Capacity Trends Favor Cloud; Trillion Dollar AI Infrastructure Spend Expected

Data Center Frontier, August 12, 2024

Assessing the latest data center, cloud and AI industry forecasts from Synergy Research Group and Dell'Oro Group.

Article link

Data Center News Roundup: Construction Market Expected to Soar, HBM Shortage in Focus

DataCenter Knowledge, August 9, 2024

The construction market is expected to reach $416 billion in the next eight years, while a shortage of HBM chips might hinder the industry’s expansion.

Article link

In AI Arms Race, Data Centers Are the Table Stakes for Hyperscale Players,

Data Center Frontier, August 8, 2024

The recent tech selloff has analysts wondering about returns on AI investments. Cloud builders and global investors say their huge spending on digital infrastructure is an essential down payment on a game-changing technology.

Article link

CBRE: Most Data Center Markets Face Low Supply, Construction Delays, Power Shortages In Wake of AI

Data Center Frontier, July 29, 2024

CBRE's Global Data Center Trends 2024 analysis sees a continued worldwide power shortage as significantly inhibiting the global data center market’s growth.

Article link
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Global Data Centers

Data centers are increasingly becoming critical infrastructure to support the mass adoption of new and existing technologies.
 

Learn more

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