A new analysis by McKinsey & Company projects a massive 3.5-fold increase in the global demand for AI-specific data center capacity by 2030, potentially creating a multi-trillion-dollar market opportunity for chipmaker Nvidia Corp. (NASDAQ:NVDA).

The report forecasts that the power demand for AI workloads will surge from 44 gigawatts (GW) in 2025 to 156 GW by the end of the decade.

McKinsey Projects Data Center Capacity At 219GW In 5 Years

The McKinsey report, titled “Scaling bigger, faster, cheaper data centers with smarter designs,” provides the foundation for these bullish projections.

It shows total data center capacity demand, including non-AI workloads, growing from 82 GW in 2025 to 219 GW by 2030. Overall, McKinsey anticipates that capital spending on data center infrastructure, excluding the IT hardware itself, will surpass $1.7 trillion by 2030.

Whereas, when only considering the AI workloads, the capacity is expected to expand from 44GW to 156GW from 2025 to 2030.

This expansion is overwhelmingly driven by the proliferation of artificial intelligence, which is expected to account for 70% of the total data center capacity by 2030.

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