Where Does Your Market Stack Up?
Data Centers, once considered an inflexible asset for global enterprises, are now a cornerstone of the information economy, and $100 billion has poured into the asset class over the past decade, according to Cushman & Wakefield’s global Data Center Market Comparison. This study evaluated 1,162 data centers around the world, utilizing a unique weighted methodology to rank 38 global markets and arrive at an overall top ten. Key emerging data center markets are also identified.
- Cloud Computing, AI, and 5G have played the primary role in accelerating the growth of data center development and investment around the world.
- Although the top three markets (Northern Virginia, Silicon Valley and Dallas) had considerably higher scores than fourth place, the next 12 markets were separated by a final score of less than 10 percent.
- Several European markets including London, Paris and Milan have received considerable international interest, with the continent becoming a new hyperscale target where power is available.
- Many markets in Asia-Pacific—especially Sydney, Tokyo, and Shanghai—are expecting considerable growth in the next three years with demand for greater connectivity.