As per Inkwood Research, the Global Data Center Liquid Cooling Market is estimated to record a CAGR of 22.32% in terms of revenue during the forecast period of 2023-2032.
“Browse 49 market Data Tables and 46 Figures spread over 240 Pages, along with an in-depth TOC on the Global Data Center Liquid Cooling Market Forecast 2023-2032.”
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The data center liquid cooling market provides solutions and services for liquid cooling technology in data centers. It includes cooling infrastructure, equipment, and services that help data center operators efficiently manage heat from electronic components like servers, GPUs, and high-performance computing devices via liquid immersion cooling and other techniques.
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Increasing Trend Toward Digital Economies Propels Market Growth
The increasing shift toward digital economies drives the global data center liquid cooling market as digital services demand higher computational power, leading to increased heat generation in data centers. Liquid cooling solutions are crucial for maintaining the efficiency and reliability of these data centers, making them essential in supporting the growth of digital economies.
Cloud Providers is a Key Data Center Type
Cloud providers entail firms that deliver cloud computing services, providing users with internet-based access to computing resources, storage, and IT services. With the surging demand for cloud services, these providers have expanded their data center infrastructure in order to meet growing workloads as well as customer numbers.
Asia-Pacific: Leading Region in the Global Data Center Liquid Cooling Market
The market growth in the Asia-Pacific is propelled by the ongoing expansion of the cloud computing sector, higher data center density, as well as escalating energy expenses. Moreover, governments in the Asia-Pacific are imposing stricter regulations on data center energy consumption, thus compelling businesses to adopt energy-efficient cooling solutions like liquid cooling.
In addition, some of the major players operating in the global data center liquid cooling market include Alfa Laval AB, Asperitas Company, Schneider Electric, etc.
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