Data centers continue to be a critical component of progress for tech-related cloud services, 5G, construction, infrastructure, real estate, energy and other industries.
According to JD Supra, a recently developed report from the 2022 Cushman & Wakefield’s Global Data Center Market Comparison concludes that the United States is a leader in the data center markets, with significant presence and capabilities in regions such as Northern Virginia, Silicon Valley, Chicago, Atlanta and Dallas, to name a few. Northern Virginia is the largest operating base of data centers, a geographic market that likely will continue to be seen as the global leader in this industry, but not without competition from other U.S. and international markets.
The continued development of the data centers industry is closely connected to policy and legal advancements and the opportunities that are accelerating this industry forward. Data centers will continue to play a critical role in business operations as the world continues its reliance on technology, which presents legal, governance and business opportunities and challenges in the year ahead.
Industrial Construction, Investments and Real Estate Projects
Industrial real estate developments, construction projects and infrastructure investments will continue to soar as data centers develop not only in Northern Virginia, but across the United States and around the globe. According to the 2022 Cushman & Wakefield’s Global Data Center Market Comparison, construction totals continue to grow globally, with some of the largest data center developments requiring larger builds, with 100-acre campuses and construction projects. Additionally, private equity real estate-related investments and REIT transactions are providing additional sources of capital for an industry that is increasing its value as the world becomes reliant on technology and digital internet access.