Data Center Chip Market Dynamics: Cloud Expansion, AI Workloads, and 5G Connectivity Fueling Growth

In 2024, data centres were expected to be accountable for 1.5% of the global electrical usage, or about 415 terawatt-hours (TWh) per year. Energy demand is expected to increase as AI usage grows, which will lead to an emphasis on creating processors with higher energy efficiency and sophisticated cooling systems to control thermal output.