There will be an approximately 46 percent increase in data center capacity worldwide by 2027, according to Knight Frank. This equates to an additional 20,828 megawatts.
This rapid growth, which has the potential to expand 177 percent by 2030, is underpinned by a substantial capital expenditure of £229 billion ($293 billion) over the forecast period, reflecting the intensifying demand for digital infrastructure to support artificial intelligence (AI), cloud computing and enterprise digital transformation.
Following a 36 percent drop in data center transaction volumes in 2023 due to global interest-rate hikes, the market rebounded in 2024, surging 118 percent to £24.5 billion ($31.3 billion) across single-asset purchases, portfolio acquisitions, redevelopment opportunities and development site sales.
Globally, the average real estate transaction value in the data sector space was £59 million ($75 billion) in 2024, up 15 percent on the average transaction price
