CBRE report highlights rapid global data center growth despite power supply constraints
DALLAS — Power supply has had difficulty keeping pace with data center industry growth across the globe, keeping vacancies low and pushing rents up even amid robust construction, according to a new report from CBRE.
Despite strong near-term market fundamentals, power supply constraints could limit or delay development in markets like Frankfurt, Tokyo, and Silicon Valley. However, such constraints are fueling demand in emerging markets where power is available, such as Charlotte, North Carolina; Johannesburg; and Mumbai, India, which are seeing rising demand for hyperscale development.