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Cushman & Wakefield Releases Data Center Global Market Comparison Report

Michael Boonshoft • 1/13/2022

NEW YORK, CHICAGO - Cushman & Wakefield (NYSE: CWK), a leading global real estate services firm, released its 2022 Global Data Center Market Comparison, the third edition of this annual study which identifies and ranks the top data center markets globally and covers key emerging trends in the sector. For 2022, this report has been expanded to 55 global markets, including 1,333 data centers.

“The changes that began throughout 2020 with companies and government agencies alike moving to the cloud or determining their hybrid IT strategy became permanent during 2021,” said Kevin Imboden, Cushman & Wakefield’s Director of Research for the Data Center Advisory Group. “Major cloud service providers continue to battle for market share in large and small markets alike, with an ever-growing number of markets becoming hubs.” 

The study shows that construction totals continue to grow globally, with 4.1 gigawatts (GW) currently underway in the markets covered, up from 2.9 GW in the previous study and 1.6 GW in the year before that. The largest clients continue to require larger builds, with 100 megawatt campuses becoming increasingly common.

Cushman & Wakefield assessed data center markets across the globe within 13 different categories, including fiber connectivity, market size, cloud availability, and more to determine the top overall markets as well as the top performers in each of the 13 categories. 

Top 10 Data Center Markets

1. Northern Virginia

2. Silicon Valley*

2. Singapore*

4. Chicago*

4. Atlanta*

6. Hong Kong

7. Phoenix

8. Dallas

9. Sydney

10. Seattle*

10. Portland*


 

* Denotes a tie

10 Data Center Markets to Watch

1. Cape Town          

2. Moscow

3. Athens

4. Abu Dhabi

5. Vienna

6. Istanbul

7. Hyderabad

8. Bangkok

9. Auckland

10. Mombasa

 

“Today, many of the hyperscalers that dominate cloud, network and internet services can enter a new or relatively immature market and simply begin a major build. This shift has led to increases in market size,” said Imboden. 

Download the 2022 Global Data Center Market Comparison.

 

About Cushman & Wakefield
Cushman & Wakefield (NYSE: CWK) is a leading global commercial real estate services firm for property owners and occupiers with approximately 52,000 employees in nearly 400 offices and 60 countries. In 2023, the firm reported revenue of $9.5 billion across its core services of property, facilities and project management, leasing, capital markets, and valuation and other services. It also receives numerous industry and business accolades for its award-winning culture and commitment to Diversity, Equity and Inclusion (DEI), sustainability and more. For additional information, visit www.cushmanwakefield.com.

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