Understand Data Centers’ Impact on Virginia
NVTC’s biennial Data Center Report highlights the data industry’s crucial role in strengthening and diversifying the Commonwealth of Virginia’s economy as well as propelling innovation in the state.
Virginia is the World’s Largest Data Center Market
Data centers remain a major driver of investment in Virginia.
As of 2021, the data center inventory in Northern Virginia exceeded that of the next five largest markets in total (Chicago, Dallas-Fort Worth, Silicon Valley, New York/Tri-State Area and Phoenix), with an annual compound rate of growth of 25% from 2014-2021.
In 2021, Data Centers Provided the Commonwealth
$ B
Total Economic Output
Operational, Construction and Manufacturing Jobs
$ MM
State Tax Revenue
%
of all New Investments ($6.8 B)
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NVTC commissions the Data Center Report every two years. For more information on sponsoring the 2024 Data Center Report, contact Steve Upton, Chief Growth Officer at supton@nvtc.org.
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