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IDC: AI Will Drive Asia/Pacific Data Center IT Power Capacity Growth
📅 - A recent IDC report reveals that the IT power capacity of data centers in Asia/Pacific (excluding Japan) is set to grow significantly, reaching 94.4 gigawatts by 2028. The report, titled Asia/Pacific Datacenter Deployment Model and Spend Forecast, 20242028, indicates a robust compound annual growth rate (CAGR) of 14.2% over the next five years.
In 2023, spending on data center IT power capacity in the region increased by 9.6% year-over-year, with the growth rate expected to surge to 18.3% in 2024.
This rapid expansion is primarily attributed to the rise of hyperscale data centers, driven by the strong demand for IT infrastructure modernization and the ongoing artificial intelligence (AI) [...][... Check source for end of article ...]
Tags: Data Center
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