US data centre spending seen more than doubling to $2.1 trillion by 2028, estimates BoFA
60-Word AI Digest
Global data centre spending is expected to reach $1 trillion in 2026 and more than double to $2.1 trillion by 2028, driven by rising demand for AI services, BofA Global Research estimates. The data centre market could reach $2.93 trillion by 2030 as AI fuels rapid infrastructure expansion.
Key Takeaways
- Global data centre spending is expected to reach $1 trillion in 2026 and more than double to $2.1 trillion by 2028, driven by rising demand for AI services, BofA Global Research estimates.
- The data centre market could reach $2.93 trillion by 2030 as AI fuels rapid infrastructure expansion.
- Full details and original dispatch available below.
Global data centre spending is expected to reach $1 trillion in 2026 and more than double to $2.1 trillion by 2028, driven by rising demand for AI services, BofA Global Research estimates. The data centre market could reach $2.93 trillion by 2030 as AI fuels rapid infrastructure expansion.
Original Publisher Attribution
This summary was curated from Economic Times.