Digital Infrastructure: Capacity catch-up and spending expansions
AI investments will remain a massive driver of expansion in this space: The market for graphics processing units is expected to grow another 70% in 2024 and accelerator revenues—which in 2023 were on pace to pass those of traditional CPUs for the first time—won’t be far behind when it comes to growth.
That breakneck pace has pushed owners and operators of data centers to flex their own muscles to keep up, both at facilities already in operation and at those making their way from the drawing board after a spending freeze of sorts.
Researchers at Dell’Oro Group expect 4% growth in global data center capex in 2024 but see hyperscale cloud service providers such as Amazon and Meta to ramp spending by 11%.
You can find more on those perspectives and others in these recent stories from several Endeavor Business Media brands right here:
Data Center Frontier – Roundtable: Manufacturing outlook and possibilities for U.S. data center supply chains
Cabling Installation & Maintenance – Looking at the network forensics market
Lightwave – What 2024 will bring for optical networking
The Outlook 2024 series of market reports is compiled by Endeavor Business Intelligence. EBI delivers all the critical ingredients – deep research expertise, trusted brands, subject matter experts, rich audience databases, creative thinking, and design services – that bring data to life. Learn more at intelligence.endeavorb2b.com.
Endeavor Business Media’s Digital Infrastructure Group serves executives, engineers, managers and installers within the information and communications technology (ICT) industry – sharing news, research, trends, best practices, and new technologies—from the Cloud to the end user.