North Carolina

Overview

The North Carolina data center market is experiencing significant growth, driven by factors such as tax incentives, land availability, and enhanced power accessibility. Markets like Charlotte are seeing considerable investment, attracting both hyperscale and colocation providers, with future expansion expected. As power procurement becomes more challenging in primary markets, the Carolinas are witnessing increasing demand from developers and end users seeking reliable and affordable energy solutions.

North Carolina's commitment to renewable energy is another major draw for tech companies striving to meet sustainability goals. Ranked fourth in the U.S. for solar energy capacity, the state offers a steady and renewable power supply. The state's business-friendly atmosphere is also a key factor, particularly with its Data Center Infrastructure Act, which exempts sales tax on electricity and equipment, providing a substantial reduction in operating costs for companies.

Strategically located between Northern Virginia and Atlanta, North Carolina provides access to major markets with reduced congestion, ensuring low latency for data transmission. The state's affordable and abundant land further supports large-scale data center developments, offering ample room for continued growth. With these factors combined, North Carolina is solidifying its position as a leading destination for data center expansion.