AI data centers will drive $583B IT, networking and energy opportunities by 2030

Jan. 14, 2025
A new CIR report reveals that revenues for the IT, Networking, and Energy sectors will be vast, but they are threatened by AI hype.

Data centers that support AI will drive new business opportunities, such as IT, networking, and energy businesses.

According to a new CIR study, Networks and Power Requirements for AI Data Centers: A Ten Year Market Forecast and Technology Assessment, AI will drive $583 billion in opportunities.

The research firm said that by 2030, AI data centers from firms such as Google, Microsoft, and OpenAI will spend $420 billion on networking, storage, and server products based on new technologies such as Ultra-Fast Ethernet, Co-packaged Optics (CPO), and Silicon Photonics.

Energy will also continue to play a key role during this forecast period. CIR forecasts that another $162 billion will be spent on providing electrical power and data center cooling. Within a few years, much of the power for AI data centers will come from Small Modular (nuclear) Reactors, and the cooling will switch from industrial A/C to liquid cooling.

Despite the potential in these industry segments, CIR's President, Lawrence Gasman, cautions that latency remains a key issue.

"Whether AI data centers realize their full revenue potential depends on if latency can be held in check," he said. 

Gasman added that edge networking, high-bandwidth technologies, and locating the data centers close to large users can all reduce latency. "If we can cut through latency," said Gasman, IT, networking, and energy-related revenues from AI data centers will reach $915 billion by 2034. 

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About the Author

Sean Buckley

Sean is responsible for establishing and executing the editorial strategies of Lightwave and Broadband Technology Report across their websites, email newsletters, events, and other information products.

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