The data center industry was booming in the first quarter of 2022, continuing the record-breaking growth the industry witnessed in 2021. Major markets around the world experienced consistent increase in demand for data center space, as well as select secondary regions. While this record-setting growth is impressive, large-scale growth and development does bring unique challenges. With demand showing little indication of decreasing in the foreseeable future, and new restrictions arriving in select major markets, operators and consumers across industry will need to navigate these ever-changing shifts. datacenterHawk, the leading global data center real estate analysis platform, recently shared highlights from its 1Q 2022 Data Center Market Recap, revealing that global data center demand reached an all-time high in 1Q 2022.
datacenterHawk’s quarterly recaps rely on their proprietary standardized methodology to provide real time data that allows users to discover, track and compare trends and pricing in individual markets across the North American, European, and APAC regions. During its extensive analysis process conducted at the end of 1Q, the datacenterHawk team analyzed over 10,000 data center real estate data points collected from over 35 individual markets across North America, Europe, and the APAC regions. The data and analysis are detailed in the comprehensive summary released in April 2022, which indicates strong demand in major markets across the data center sector.
datacenterHawk’s global data center market highlights include anticipating that 2022 will be North America’s highest demand year to date. Additionally, they report that the European data center region experienced similar demand in 1Q 2022, however with recent new regulations in several larger markets, users and developers are looking to secondary markets to establish new homes for this data center demand, which is expected to continue in the long term. In the APAC region, the top markets also showed similar trends with an absorption rate that was significantly higher than comparative periods in 2021. However, due to challenging supply delivery in several of the primary APAC data center hubs, smaller markets continue to attract attention.
The real time market data can be accessed via Hawk Insight, datacenterHawk’s product featuring data center trends, activity, and pricing for more than 35 markets across North America, Europe, and Asia Pacific. datacenterHawk’s 2Q 2022 Market Analysis is expected to be released in July 2022.
For more information, visit: https://www.datacenterhawk.com/
To read the full press release, click here.
1Q 2022 Data Center Market Recap, click here.