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Study: 24% CAGR in Data Center Capex by 2028 Driven by AI Demand
📅 - The data center capital expenditure forecast was revised dramatically higher in a recent analysis by DellOro Group, a prominent expert on market trends in the telecommunications, security, networks, and data center sectors. The updated forecast anticipates a 24 percent compound annual growth rate (CAGR) by 2028, driven by the escalating demand for AI-related data center infrastructure.
Baron Fung, Senior Research Director at Dell'Oro Group, emphasized the transformative potential of AI in the data center market. "AI has the potential to generate more than a trillion dollars in AI-related infrastructure spending in cloud and enterprise data centers over the next five years," said Mr. Fung. [...][... Check source for end of article ...]
Tags: Data Center
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