Report: Shifting Clouds, Surging M&A Shape 2017 Data Center Demand
Record-breaking $10 billion in M&A in first half of 2017 and new technology investments are impacting data center real estate.
As consumers turn to their smartphones for everything from streaming video to buying their groceries, the data center industry is stepping up to meet escalating demand for storage. A new report from JLL reveals data center construction in North America is up 43% from 2016 and industry consolidation powered a $10 billion surge in mergers and acquisitions (M&A) in the first half of 2017. Meanwhile, cloud leasing activity started shifting to global markets.