Data Center Market Growth Driven by AI, Multi-Cloud Adoption – Technavio Report
The global data center market is projected to grow by USD 535.6 billion from 2025-2029, according to a report by Technavio. The market is anticipated to grow at a CAGR of 15.6% during this period. Key drivers of this growth include the increasing adoption of multi-cloud platforms and network upgrades, as well as the integration of AI in data centers. However, cybersecurity concerns remain a significant challenge in this rapidly expanding market.
