1、2023 Data Center MarketplacePandemic Accelerates Demand for Data CentersColliers U.S.Research Report22023 Data Center Marketplace ReportIntroductionIm pleased to present our inaugural year-end data center report.The second half of 2022,differing sharply from the first halfs historical amounts of lea
2、sing,faced headwinds and an absorption slowdown.We enter 2023 with a great deal of uncertainty for the sector.While vacancy has been significantly reduced,demand has been tempered as the global economy has cooled.Just as it appeared we were beginning to emerge from COVID-19 last year,the worlds atte
3、ntion was drawn to the war in Ukraine,and we are now feeling its economic impact.Despite these macro considerations,I am optimistic about future needs for computing and feel that we are still in the early days of the data center sector.I believe that the demand will continue as we become more effici
4、ent societies and that technology companies will shift back to investing.Our best wishes to you and your families in 2023.Thank you,Raul SaavedraExecutive Vice PresidentData Center Advisory3Colliers U.S.ResearchPandemic Accelerates Demand for Data CentersOver the last several years,demand for data c
5、enters has outstripped supply.Demand for bandwidth and data storage has exploded,thrusting these purpose-built facilities into the spotlight as digitalization efforts take center stage and the number of mobile internet connections continues to rise.Unlike other industries significantly impacted by t
6、he pandemic,the data center industry received a major boost as the frequency of business conducted online increased sharply.As bandwidth-intensive services such as videos,mobile data,and social media increase,hyperscale data centers have become a primary growth driver for the industry,as companies l