Originally published August 9, 2024 | By: Jon Swartz
Generative AI and IoT will power the global data center market to $317 billion by 2026, more than twice its size in 2020.
Real estate consulting firm JLL, which made the bold prediction for data centers and edge IT infrastructure, defines an edge data center as a facility that brings computing power closer to where the data is generated or consumed. Breakneck expansion of edge computing is being fueled not only by genAI and IoT but the need for faster data transfer and high computation, according to JLL.
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