Data Center Market Investment to Reach USD 494.49 Billion by 2031- Exclusive Insights by Arizton

Arizton’s Chicago release dated June 3, 2026, forecasts that the U.S. data center market will reach USD 494.49 billion by 2031, growing at a CAGR of 8.75% from 2025 to 2031. The report details a 2025 base investment of USD 298.97 billion and a 2031 power capacity of 13,565 MW across 52.57 million square feet of facilities. It notes more than USD 839 billion in cumulative investments expected through 2031, with demand strongest in hubs such as Northern Virginia, Silicon Valley, Chicago, Dallas–Fort Worth and Phoenix, due to hyperscale and colocation expansion.

Exclusive insights from Arizton highlight energy and infrastructure commitments shaping the sector. TotalEnergies signed a 15-year power purchase agreement to supply Google with 1.5 TWh of renewable energy from an Ohio solar farm, supporting growing data-center load. Oracle plans to invest around USD 40 billion in NVIDIA chips to support OpenAI’s forthcoming U.S. data center deployments, illustrating the interdependence of AI software and infrastructure. Google’s broader USD 9 billion investment includes plans for two new data center campuses in Oklahoma, signaling confidence in locations with favorable land and power access.