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Data Center Liquid Cooling: Global Market to Reach $4.55 Billion by 2023 - Trend, Driver and Challenge Analysis - ResearchAndMarkets.comThe "Data Center Liquid Cooling - Global Market Outlook (2017-2023)" report has been added to ResearchAndMarkets.com's offering. The Global Data Center Liquid Cooling Market accounted for $0.82 billion in 2016 and is expected to reach $4.55 billion by 2023 growing at a CAGR of 27.7% during the forecast period. Rising power & cooling demand of modern equipments, growing needs for eco-friendly data center solutions and availability of advanced coolants are some of the key factors fueling the market growth. However, high-maintenance costs associated with the technology and need for specialized infrastructure to employ the technology is hindering the market growth. Support and maintenance service segment is anticipated to have a considerable growth in the market during the forecast period due the rapid implementation of data center solutions in large enterprises, which involve third party support for protection of coolants and support for the liquid cooling data center inrastructure. North America region is dominating the market during the forecast period owing to technological advancements, increase in data centers and high adoption rate in this region. Report Coverage
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For more information about this report visit https://www.researchandmarkets.com/research/ctcdfx/data_center?w=4 View source version on businesswire.com: https://www.businesswire.com/news/home/20180620006208/en/ |