This was indicated in a joint report by the ITU and the WBA. There are relevant data points: 164 digital firms are responsible for 2.1% of global electricity consumption, and just 10 of them accounted for half of the total.

According to the latest edition of the Greening Digital Companies report by the ITU and the World Benchmarking Alliance (WBA), electricity consumption by data centers grew by 12% annually between 2017 and 2023, four times faster than the global growth in electricity demand.

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Data center energy demand increased by 12% from 2017 to 2023

This was indicated in a joint report by the ITU and the WBA. There are relevant data points: 164 digital firms are responsible for 2.1% of global electricity consumption, and just 10 of them accounted for half of the total.

MORE ANALYSIS

IMF warns AI demands greater, more reliable energy resources

In a recent report, the IMF warns that this aggregate demand could impact electricity prices if policies are not adapted to the new reality for the sector. By 2030, AI data centers will consume as much electricity as India.

Just 10% of enterprise workloads have moved to the cloud

AWS, Google Cloud, and Oracle have expanded their presence in the region recently, aiming to offer lower latency and develop solutions tailored to specific verticals. Amazon holds 50% of the cloud workloads.

Data center energy demand increased by 12% from 2017 to 2023

This was indicated in a joint report by the ITU and the WBA. There are relevant data points: 164 digital firms are responsible for 2.1% of global electricity consumption, and just 10 of them accounted for half of the total.

Economic uncertainty shakes the regional smartphone market

WEF highlights economic risks from AI-induced disruptions

Economists consulted by the World Economic Forum warned about the impact of AI on employment and social destabilization, due to its effects on the course of the economy.

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