Data centre spending could hit $32 Trillion by 2050

Accord to a recent report published by consultancy group PwC , global spending on data centres is set to hit $31.6 trillion by 2050 as demand for AI computing capacity drives a boom in infrastructure investment. In its Global Data Centre Outlook report, PwC predicted annual data centre capex will rise from about $800 billion this year to $1.1 trillion in 2030 and $1.8 trillion by 2050. The consultancy added spending could even approach $50 trillion depending on the pace of AI adoption.