Worldwide Data Center Construction Market Report 2023 - Sector to Reach $73 . 43 Billion by 2028 at a 6 . 4 % CAGR

The world s data centre construction market is expected to grow at a CAG of 6.50% from 2022 to 2028, according to an annual report released by research and market experts. These are the key highlights of the growth of data center investments in developing countries across Europe and Southeast Asia - including the US, China, Russia and the UK. (). The latest report has revealed the global data Center Construction Market looks set to be worth more than $2.5bn (2.5tn) in the next two years, and it is likely to have reached its highest level in nearly two decades, as the world is preparing to invest billions of dollars owing to artificial intelligence (AI) technology in power monitoring and microgrid adoption in data infrastructure providers. The BBC has learned about the impact on the development of cyber-security, technology and technology, data-based technologies and hardware giant Oracle, Microsoft, Amazon, Google and Microsoft are among the firms involved in creating businesses that could increase their presence in cyberspace and cloud operators, but analysts have warned that they are working towards increasing investment opportunities for the market in 2022, the BBC understands how it will generate significant investment.

Source: benzinga.com
Published on 2023-05-31