Source URL: https://slashdot.org/story/24/08/20/1714220/north-america-added-a-whole-silicon-valleys-worth-of-data-center-inventory-this-year?utm_source=rss1.0mainlinkanon&utm_medium=feed
Source: Slashdot
Title: North America Added a Whole Silicon Valley’s Worth of Data Center Inventory This Year
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AI Summary and Description: Yes
Summary: The text highlights significant growth in North America’s data center markets, with a substantial increase in megawatt capacity to meet the demands of cloud computing and AI. This rapid expansion emphasizes the critical infrastructure needs resulting from technological advancements.
Detailed Description:
The report by CBRE indicates a notable surge in data center capacity across North America, reflecting the mounting needs of the cloud computing and AI sectors. Key points from the analysis include:
– **Growth in Data Center Supply**:
– North America’s leading data center markets saw the addition of 515 megawatts (MW) in supply during the first half of 2024.
– This new supply matches the total data center capacity of Silicon Valley, which stands at 459 MW.
– **Overall Capacity Expansion**:
– The total capacity across these primary markets is now 5,689 MW, marking a 10% increase from the previous year.
– Comparatively, this figure is about twice what it was five years ago.
– **Construction Boom**:
– The amount of data center space currently under construction has increased sharply, rising nearly 70% year-over-year and reaching record levels.
– **Leasing and Vacancy Rates**:
– Despite the extensive construction efforts, the vast majority of new data center capacity is already leased out.
– Vacancy rates have plummeted to a historic low of 2.8%, indicating robust demand that surpasses supply.
– **Implications for Cloud Computing and AI**:
– The text underscores how the rapid growth in data center capacity is driven by the rising demands of cloud computing services and artificial intelligence applications.
– This situation presents opportunities and challenges for infrastructure security professionals who must navigate the complexities of maintaining security and compliance in a fast-evolving landscape.
This information is crucial for professionals in infrastructure, as it brings to light the pressing need for strategic planning and effective resource management to support the burgeoning needs of new technology.