By: Evan Stanford
The data center real estate market continued to experience dynamic growth in the second quarter of 2022, continuing the trends set in the early months of this year. North American and European markets boomed, and while expansion ramped up in the APAC region. As the data center industry began to navigate the second half of 2022, datacenterHawk, the leading global data center real estate analysis platform, recently shared highlights from its 3Q 2022 Data Center Market Recap. The report analyzes market trends and current challenges across the industry.
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 3Q, the datacenterHawk team analyzed 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 November 2022, which examined how supply chain challenges, increased demand and long delivery timelines are creating a unique global data center market.
datacenterHawk’s global data center market highlights included Dallas leapfrogging Northern California as the 2nd largest North American market, and how supply chain issues and high demand from enterprise and hyperscale users are paving the way for potential further opportunities in emerging markets. In Europe, data center demand continued to trend at high levels, both from hyperscale and enterprise users. Although absorption declined in some of the larger European markets, it increased in areas including Amsterdam, Dublin, and Paris. In the APAC market, Australia in particular has continued to emerge as an area with immense opportunity.
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 4Q 2022 Market Analysis is expected to be released in early 2023.
For more information, visit: https://www.datacenterhawk.com/
To read the full press release, click here.
3Q 2022 Data Center Market Recap, click here.