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Business
Jordan Chussler

Quanta Services: The Backbone of the AI Data Center Push

Quanta Services United States MarketBeat PWR

Data centers continue to face heightened scrutiny, from the burgeoning agentic AI services they cater to and the increased strain they place on the U.S. power grid. But no matter how you feel about the industry, one thing is clear: The data center market is amid explosive growth. 

According to consultancy firm Grand View Research, the global data center market is forecast to grow by a compound annual growth rate (CAGR) of 11.2% from 2025 to 2030. Much of that acceleration is attributable to the growing demand for and rapid adoption of AI, machine learning, cloud computing, and other digital transformation technologies. 

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