INDUSTRY BRIEF: Data centre industry facing cost pressure - Venture Insights

INDUSTRY BRIEF: Data centre industry facing cost pressure

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TLDR version: Venture Insights published its 2024 Australian Data Centre Forecast & Outlook this week. The data centre (DC) industry is growing fast, with industry revenues expected to rise 19.9% CAGR to FY28. Demand will get a boost with new compute-heavy applications like AI, but higher power and construction costs will make it a challenge to meet demand.

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