H1 2021 Data Center Outlook

Skyrocketing data usage, including streaming services and virtual connectivity, caused record demand for data centers in 2020, and the first half of 2021 got off to a strong start as well.

The top major data center REITs, which are the major operators and providers of data center space globally, saw a strong resurgence in enterprise-level demand, driven by financial, technology and healthcare companies. The increased activity reflects the evolving landscape of the pandemic and the global progress on vaccine administration and restriction lifts.

JLL summarized a few quick takeaways in the first half of the year:

  • Financial, tech and healthcare companies drive data center spending and enterprise-level demand
  • Sustainability takes center stage amongst data center providers and occupiers
  • Investment and M&A hit new heights with record-breaking deal
  • The global construction pipeline remains robust

For the complete H1 2021 outlook as well as trends to expect in the future, download JLL’s report.