According to Savills’ latest Europe, Middle East and Africa (EMEA) data center spotlight report, Artificial Intelligence (AI) is fast becoming a key driver of data center growth in the region, behind public cloud demand that continues to serve as the bedrock for capacity take-up.
The International Data Corporation (IDC) projects that AI spending will rise to $144.6 billion by 2028, reflecting a compound annual growth rate of 30.3 percent between 2024 and 2028. Savills notes that the scale of computational power required to train and deploy language models and other AI applications has placed unprecedented pressure on digital infrastructure across the EMEA region.
“Geographically, we have seen demand remain highly concentrated. Despite discussion around location agnostic strategies when it comes to AI, very few such projects have translated into transactions,” said Cameron Bell, director, EMEA data center advisory at Savills. “Instead, operators are doubling dow