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Follow on Google News | Data Center Liquid Immersion Cooling Market to Exhibit a CAGR of 37%By 2025Global data center liquid immersion cooling market is projected to exhibit a CAGR of 37% in the forecast period (2018-2025).
Liquid cooling segment is expected to exhibit the highest CAGR over the forecast period, owing to integration of advanced engineered coolants. The liquid cooling solutions provide cooling with low carbon footprint, which is propelling demand for direct liquid cooling solution in the data center liquid immersion cooling market. Furthermore, advantages offered by these system such as efficient cooling for high performance computing is also expected to drive market growth. Increasing adoption of cloud computing technology in emerging economies such as China, India, and Japan have accelerated demand for data centers in Asia Pacific, which is expected to favor market growth. According to Coherent Market Insights, an estimated cloud traffic in Asia Pacific region is projected to exhibit a CAGR of 30.7% over the forecast period (2016 - 2017). North America region held the dominant position in the global market in 2017 and is projected to retain its dominance throughout the forecast period. The U.S. and Canada are the major growth engines in this region. High presence of hyper scale data centers in North America is a major driving factor for growth of this market. Major players operating in the global data centre liquid immersion cooling market include Alfalava, Asetek, CoolIT Systems, Green Data Center LLP, Green Revolution Cooling Inc., Horizon Computing Solutions, IBM Corporation, Midas Green Technologies, LLC, Rittal GmbH & Co. Kg., and Schneider Electric SE. Acquisitions, mergers, collaborations, and new product launches are some of the strategies adopted by key players to increase their market share. Browse more about study @ https://www.coherentmarketinsights.com/ End
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