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

Autonomous machines spending expected to grow 12.3% annually AI Semiconductors Expected to Grow 19% Annually

AI Semiconductors – Total Spending ($B)

Autonomous Machines – Total Spending ($B)

45%

45%

$60

$60

40%

39%

40%

40%

$50

$50

35%

35%

30%

30%

$40

$40

25%

25%

22%

$30

$30

20%

20%

15%

15%

15%

15%

$20

$20

10%

10%

5%

$10

$10

5%

5%

0%

0%

$-

$-

GPU

FPGA Microcontroller

ASIC

Autonomous Vehicles

Intelligent Robotics & Drones

2022 2025 CAGR

2022 2025 CAGR

Source: Cushman & Wakefield Research, Pitchbook, 2023

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