August 21, 2019
Key Insights
- Total capacity of U.S. primary data center markets grew by 200 megawatts (MW) or 8% in H1 2019.
- More than 411 MW of additional capacity, 35% of it preleased, is currently under construction and scheduled for delivery in the near term.
- The U.S. primary data center markets recorded 171 MW of wholesale turnkey colocation absorption in H1—57% of the full-year record level in 2018.
- Enterprise users’ adoption of hybrid colocation strategies has raised their interest in facilities that offer more than just competitive rental rates, including multi-cloud access and dense connectivity. This is a growing trend across all industries as enterprises seek more agility for their business, real estate and IT needs.
- Competitive pricing lowered average asking rental rates in many markets, as providers sought net-new requirements and companies strived to reduce operational expenses.
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