Texas-based data center real estate analysis platform, datacenterHawk released its report for the second financial quarter, uncovering the accelerated growth of the data center market in North America and Europe as a result of the APAC region’s rapid expansion.
“Supply growth is at heights not seen before, all while data center user requirements have grown in size and number,” datacenterHawk’s President, David Liggitt, said. “This opens the door to numerous opportunities for users, providers, investors and consultants in the space, making the rest of 2022 exciting to watch unfold.”
The results are compiled just a few months after the release of datacenterHawk’s first quarter report, which showed scattered demand across the three regions.
“The datacenterHawk team relies on its proprietary standardized methodology to provide real time data that allows subscribers to discover, track and compare trends and pricing from over 35 individual markets across North America, Europe, and APAC regions,” a recent press release said.
The increase has led to an acceleration of general market interest and acquisitions, resulting in price increases.
The market data reflects datacenterHawk’s product featuring data center trends, activity and pricing from more than 35 markets across the globe. Its third-quarter report is scheduled to be released shortly after the quarter concludes.
“The data center industry finds itself in a new position at the 2022 mid-point. Both increased demand and impacts from supply challenges around the world have created an environment where both data center users and operators are aggressively working to ensure they have the runway to meet their future needs or customer demands,” Liggit said.