Signal Data centre markets projected to expand steadily, with AI data centres growing fastest

Summary

Market research cited in the report projects the global data centre market to grow about 11.7 percent a year, driven by continuing digital innovation and competition to train generative AI models. A separate estimate puts average annual growth of the AI data centre market at 26.83 percent. The report describes AI data centres as a new means of production built on dense GPU infrastructure, with demand surging as big tech firms race to develop models. This build-out is expected to pull large investments into high-performance GPUs, liquid cooling and power grids, changing traditional value chains. Because corporate and government carbon targets collide with soaring AI power use, improving power usage effectiveness is expected to become an essential strategy.