JLL says there's no sign of the data center and cloud space appetite abating anytime soon.
HOUSTON—Building on growing momentum from the first half of 2018, the global data center industry is poised to meet increased demand and navigate economic uncertainty, according to JLL's latest Data Center Outlook. JLL's analysis of the data center industry reveals that the US, Canada; Europe, the Middle East and Africa; and Asia-Pacific amassed a staggering 421.2 megawatts, with the US and Canada leading absorption (292.1 mw), up 31.9% from the first half of 2017.
“Considering the role that digital connectivity plays in our everyday lives and its increased application, there's no sign of this appetite for data center and cloud space abating anytime soon,” says Mark Bauer, JLL managing director and data center solutions co-lead.
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Lisa Brown
Lisa Brown is an editor for the south and west regions of GlobeSt.com. She has 25-plus years of real estate experience, with a regional PR role at Grubb & Ellis and a national communications position at MMI. Brown also spent 10 years as executive director at NAIOP San Francisco Bay Area chapter, where she led the organization to achieving its first national award honors and recognition on Capitol Hill. She has written extensively on commercial real estate topics and edited numerous pieces on the subject.
