United States: JLL predicts Edge data center market to surpass $300bn by 2026

A report from real estate consulting firm JLL has predicted that the global Edge data center market will hit a valuation of $317 billion by 2026. The report notes that a surge in data-dependent technologies, including AI and the Internet of Things (IoT), will drive the market growth, which can be supported by Edge data centers. 
 

“Consumers and corporations will continue to adapt to transformational technologies within daily life and without the distribution of data processing and storage across various locations, cutting edge efficiencies and solutions like IoT and generative AI will not transition to mainstream acceptance,” said Jonathan Kinsey, EMEA Lead and global chair, data center solutions, JLL.

“Edge data centers will be essential to ensure both seamless business operations in the future economy while also improving security measures and protecting against potential disruptions. By lowering latency by bringing the computing infrastructure closer to the data source and user, Edge IT infrastructure will become an essential component in the international economy.”