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17 February 2026

North America Data Center Report Year-end 2025

The data center sector shifts into hyperdrive

Categories:

Capital flows
Data and analytics solutions
Data centers property
Data Centers

Authors

AB

Andrew Batson

Head of Data Center Research

Vacancy remains at 1% for a second consecutive year, a powerful statistic that challenges bubble concerns

The data center map is being redrawn; 64% of capacity under construction is located in frontier markets

Surging investment levels reflect strong institutional confidence in the sector’s outlook

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