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Ranked: Top 50 Data Center Markets by Power Consumption

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This graphic highlights the biggest data center markets in the world by electricity consumption.

Top 50 Data Center Markets by Power Consumption

We live in an information-abundant digital world, where data is the new currency, and data centers are the vaults that protect and power it.

The amount of data created each year has skyrocketed from 2 zettabytes in 2010 to 44 zettabytes (44 trillion gigabytes) in 2020. This has surged demand for data storage and processing, leading to the construction of massive data centers around the world.

So, where are the biggest data centers?

In this graphic, Julie Peasley uses 2023 data from Cushman & Wakefield to shed light on the biggest data center markets.

 

 

The Biggest Data Center Markets

Today, it is estimated that there are over 8,000 data centers in the world.

Many of these centers end up clustered together due to beneficial infrastructure and provisions from local governments and utilities. They also need lots of power, often at least 100 MW for each center, making power consumption one of the best ways to measure total market size.

While a majority of these data center markets are in the United States, some of them are scattered across Asia and Europe.

RankData Center MarketCountryCapacity (MW)
1Northern Virginia🇺🇸 United States2,552
2Beijing🇨🇳 China1,799
3London🇬🇧 United Kingdom1,053
4Singapore🇸🇬 Singapore876
5Tokyo🇯🇵 Japan865
6Frankfurt🇩🇪 Germany864
7Shanghai🇨🇳 China725
8Sydney🇦🇺 Australia667
9Dallas🇺🇸 United States654
10Silicon Valley🇺🇸 United States615
11Phoenix🇺🇸 United States615
12Chicago🇺🇸 United States555
13Amsterdam🇳🇱 Netherlands531
14Hong Kong🇭🇰 Hong Kong417
15New York City - Northern New Jersey🇺🇸 United States392
16Paris🇫🇷 France391
17Portland🇺🇸 United States382
18Mumbai🇮🇳 India380
19Atlanta🇺🇸 United States360
20Seoul🇰🇷 South Korea330
21Dublin🇮🇪 Ireland304
22Toronto🇨🇦 Canada267
23Osaka🇯🇵 Japan241
24Los Angeles🇺🇸 United States206
25Salt Lake City🇺🇸 United States203
26Las Vegas🇺🇸 United States173
27Johannesburg🇿🇦 South Africa161
28Querétaro🇲🇽 Mexico150
29Melbourne🇦🇺 Australia149
30Jakarta🇮🇩 Indonesia144
31Montreal🇨🇦 Canada127
32São Paulo🇧🇷 Brazil122
33Madrid🇪🇸 Spain120
34Milan🇮🇹 Italy111
35Zurich🇨🇭 Switzerland111
36Delhi🇮🇳 India110
37Seattle🇺🇸 United States105
38Boston🇺🇸 United States95
39Reykjavík🇮🇸 Iceland88
40Kuala Lumpur🇲🇾 Malaysia87
41Warsaw🇵🇱 Poland86
42Denver🇺🇸 United States78
43Stockholm🇸🇪 Sweden74
44Munich🇩🇪 Germany67
45Santiago🇨🇱 Chile61
46Berlin🇩🇪 Germany60
47Chennai🇮🇳 India57
48Marseille🇫🇷 France50
49Oslo🇳🇴 Norway48
50Columbus🇺🇸 United States41

With nearly 300 data centers, including many AWS servers, the Northern Virginia data center market is the largest in the world. Data centers in the region are estimated to handle more than one-third of global online traffic.

In 2023, Northern Virginia data centers had a combined power consumption capacity of 2,552 MW. That’s four times the capacity of the next closest American markets, Dallas (654 MW) and Silicon Valley (615 MW).

The second-biggest market, Beijing, has a measured capacity of 1,799 MW. Though it is currently the only market with an operational capacity of over 1,000 MW in the Asia Pacific Region, Tokyo (865 MW) appears to be catching up fast.

Europe’s biggest data center clusters are in London (1,053 MW) and Frankfurt (864 MW), largely due to demand from large local enterprises and organizations. It’s no coincidence that they are major hubs for government and commerce—the world’s largest data center markets are near capital cities, as historically, governments (and their militaries) were the first to invest in internet infrastructure.

Future of Data

Data centers will continue growing in scale and expanding into new markets to meet the demands of digitalization.

Already the wider adoption of artificial intelligence has changed where internet data is flowing. And with increasing digital demands, the amount of energy needed to power these centers also increases.

That has increasingly put the spotlight not just on companies and data center markets, but on the energy they’re using. With massive power consumption requirements, efficiency and sustainability become increasingly important, and not every market is prioritizing efficient sources of electricity.

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This article was published as a part of Visual Capitalist's Creator Program, which features data-driven visuals from some of our favorite Creators around the world.

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These 18 Industries Could Reshape the Global Economy by 2040

Discover the biggest industries in 2040, from AI to biotech, as emerging sectors generate up to $48 trillion in revenue.

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These 18 Industries Could Reshape the Global Economy by 2040

This was originally posted on our Voronoi app. Download the app for free on iOS or Android and discover incredible data-driven charts from a variety of trusted sources.

Key Takeaways

  • McKinsey identified these industries as having the most potential for future growth, generating up to $48 trillion in revenues by 2040
  • AI Software & Services is expected to have a CAGR of up to 25% between 2022 and 2040

As the world evolves, new industries are emerging as the key drivers of future economic growth. According to McKinsey Global Institute, there are 18 high-growth arenas—including AI, cybersecurity, biotech, and air mobility—which could generate up to $48 trillion in annual revenue by 2040.

In this graphic, we break down most transformative industries by 2040, offering a glimpse into the future economy.

Data & Discussion

The 18 industries shown in this graphic stand out for their rapid innovation, large investments, and expanding markets. Under a high scenario, McKinsey believes their share of global GDP could rise from 4% today, to 16% by 2040.

Industry2022 Revenue ($B)2040 Revenue ($B)CAGR (%)
🛒 E-commerce$4,000$20,0009%
🤖 AI Software &
Services
$85$4,60025%
☁️ Cloud Services$220$3,40017%
🚗 Electric Vehicles$450$3,20012%
📢 Digital Ads$520$2,90010%
💾 Semiconductors$630$2,4008%
🚘 Autonomous Cars-$2,300-
🚀 Space$300$1,60010%
🛡️ Cybersecurity$160$1,20012%
🔋 Batteries$98$1,10014%
🏗️ Modular Construction$180$1,10010%
📺 Streaming Services$160$1,00011%
🎮 Video Games$230$9108%
🤖 Robotics$21$91023%
🧬 Biotech$140$900900%
✈️ Air Mobility-$340-
💊 Obesity Drugs$24$28015%
⚛️ Nuclear Fission$18$15013%

Let’s take a closer look at some of these high-growth industries.

🛒 E-commerce

E-commerce revenues could quintuple from $4 trillion in 2022, to $20 trillion by 2040.

Much of this growth will occur in emerging markets, where regions like Southeast Asia and Africa are experiencing a surge in their consumer class populations.

Advancements in logistics and digital payments are also making online shopping more accessible and reliable in these areas.

🤖 AI Software & Services

AI software and services is one of the fastest growing industries in this dataset, propelled by massive investments in generative AI technologies.

In the U.S. alone, nearly $500 billion in private capital has been raised since 2013, with 6,956 new AI companies being founded.

Check out our 2025 AI Week Wrap Report to see all of our latest visuals breaking down the AI landscape.

🏗️ Modular Construction

Modular construction involves prefabricating building components off-site and assembling them on-site.

A major benefit of this approach is automation. By moving production to a single facility, components could be manufactured quicker and cheaper. This could also address the lack of skilled labor that the construction industry often faces.

💊 Obesity Drugs

While the majority of obesity drug demand is based in the U.S., the market for these innovative medicines is rising globally due to rising obesity rates.

McKinsey aren’t the only ones predicting a massive boom in this industry, either. In a 2023 analysis, Morgan Stanley predicted that the global obesity drug market would be worth $77 billion by 2030.

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