With digital transformation across sectors gaining momentum, and with the rise in power-intensive AI applications, the demand for data services globally is rising exponentially.
The International Energy Agency states that data centres account for around 1% of the global electricity demand. By 2030, data centres are expected to reach 35 gigawatts of power consumption annually, up from 17 gigawatts in 2022. The AI market has the potential to grow even more, thanks to the boom in generative AI (Gen AI).
