Global data centre traffic is forecast to increase to over 20 zettabytes by 2021, a compound annual growth rate of nearly 25%. This growth will continue to accelerate due to the explosion in the number of IoT, devices expanding, the rollout of 5G, the development of smart roads and autonomous vehicles, and the continued transition of entertainment and business processes online.
Key markets in the U.S. and Canada are primed for continued growth in this sector due to cost of land and energy, the quality of fiber-optic network and proximity to end-user. Cushman & Wakefield is closely tracking these markets.