From AI to Absorption: Office Demand, AI Talent Concentrations, and What it Means for Data Centers

Horizontal platforms spending expected to grow 28% annually Vertical Platforms Expected to Grow 31% Annually

Horizontal Platforms – Total Spending ($B)

Vertical Platforms – Total Spending ($B)

$70

$70

50%

50%

44%

$60

$60

40%

40%

34%

$50

37%

32%

$50

30%

32%

30%

28%

30%

30%

$40

26%

$40

25% 28%

$30

20%

$30

20%

$20

$20

10%

10%

$10

$10

$-

0%

$-

0%

AI automation platforms*

AI core software Computer vision*Natural language technology* 2022 2025 CAGR

2022 2025 CAGR

Source: Cushman & Wakefield Research, Pitchbook, 2023

22