The global data center liquid cooling market is expected to grow from $1.2 billion in 2019 to $3.2 billion in 2024 with a CAGR of 22% over the forecast period. The key drivers driving the market growth are the growing demand for energy efficient cooling solutions, the growing demand for small noise-free solutions, the demand for lower operating costs, and the demand for better overclocking potential.
In addition, factors such as artificial intelligence, blockchain and other emerging technologies and advances in high density cooling are expected to create ample opportunities for data center liquid cooling suppliers.
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Data Center Liquid Cooling Market Segmentation
Based on components
• Solution
• Indirect Liquid Cooling
• Direct Liquid Cooling
• Services
• Design and Consulting
• Installation and Deployment
• Support and Maintenance
Based on end-users
• Cloud Providers
• Colocation Providers
• Enterprises
• Hyperscale Data Centers
Based on data center types
• Small and Mid-Sized Data Centers
• Large Data Centers
Based on enterprises
• BFSI
• IT and Telecom
• Media and Entertainment
• Healthcare
• Government and Defense
• Retail
• Research and Academic
• Others (Energy and Manufacturing)
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(This release has been published on OMR Industry Journal. OMR Industry Journal is not responsible for any content included in this release.)
