Data Centers Fuel AI’s Growing Power Demand

As of early 2026, industry analyses report rapid data center expansion driven by AI and cloud demand, with market value rising from $383.82 billion in 2025 to a projected $902.19 billion by 2033 at an 11.3% CAGR. Reports from CBRE, McKinsey, BCG and others warn that power shortages, supply-chain strains and sustainability mandates are reshaping site selection and fueling investment in renewables, modular designs, and specialized infrastructure.
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Synthesis of reputable market and consultancy reports drives high impact, but it aggregates projections without novel primary data.
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