Demand for data centers has exploded in tandem with the development of the AI industry, leading to a growing interest in the development of small-scale urban data centers. Small data centers with a capacity of 10 megawatts (MW) or less are not required to undergo power system impact assessments, allowing them to proceed with development more quickly compared to hyperscale data centers. The demand is growing fast. According to Cushman & Wakefield, the domestic data center market is expected to grow from approximately USD 680 million in 2024 to USD 1.43 billion by 2030, with an average annual growth rate of 13.3%. The colocation market is projected to […]