Global spending on data centers could reach $31.6 trillion by 2050 according to a baseline forecast, and as much as $50 trillion if AI adoption accelerates faster than expected, according to a new PricewaterhouseCoopers (PwC) report. Even the baseline forecast is about the same size as the entire U.S. economy.
\n\nBloomberg reports that the PwC document titled “Global Data Center Outlook,” was released today and covers 46 countries and territories across five regions. Its central scenario puts global data center capital expenditure through 2050 at $31.6 trillion, roughly equal to the size of the entire U.S. economy.
\n\nThe United States is projected to take nearly half of that total, $15.1 trillion. Asia-Pacific follows at $8.2 trillion, then Europe at $5.6 trillion, the Middle East at $1.1 trillion, and Africa at $255 billion.
\n\nAnnual global spending is expected to climb from about $800 billion this year to $1.1 trillion by 2030 and $1.8 trillion by 2050. China and India are expected to account for the largest share of new demand, given their large populations, growing digital economies, and room for further AI adoption.
\n\nPast infrastructure booms eventually leveled off. According to PwC, the AI data center boom will not. “Railways. Electrification.
Original source: https://www.breitbart.com/economy/
