DLA Piper's research reveals the global data center market could reach nearly $500 billion by 2029, with a significant $300 billion valuation by 2024.
TMT Finance's survey of 176 executives shows that 70% anticipate increased investments in data centers, driven mainly by the growth of AI technologies.
Although investments are expected to rise, 98% of executives worry about power availability, highlighting a critical global issue of grid congestion that needs urgent attention.
Anthony Day emphasizes that alongside investment, a 'clear framework' is essential for coordinating efforts among policymakers, investors, and power providers to meet the market's growing demands.
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