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Global Data Center Cooling Market to Reach $44.52 Billion by 2027 - Exclusive DeepTech M-A-PTM Analysis by BIS ResearchHigh-performance workloads will continue to require more power per rack, which will, in turn, require more power and cooling. However, with the right cooling technology, businesses can save space in their data centers and lower their energy costs. FREMONT, Calif., Dec. 21, 2022 /PRNewswire/ -- BIS Research, the global leader in providing market intelligence on deep technologies, has released its latest study titled Data Center Cooling Market - A Global and Regional Analysis. According to this study, the global data cooling center market was valued at $17.82 billion in 2021 and is projected to reach $44.52 billion by 2027. The following factors are responsible for the increase in demand for data center cooling:
The detailed study is a compilation of 243 market data tables and 50 figures spread through 311 pages. Check out the detailed table of content here : https://bisresearch.com/requestsample?id=1413&type=toc Analyst's Take on the Market Projection According to Debraj Chakraborty, Principal Analyst, BIS Research, "With the emerging data center cooling technologies, there are opportunities to emphasize retrofitting data centers. Data center infrastructure management (DCIM) can be facilitated with the help of better and more efficient cooling techniques. Moreover, innovative data center cooling systems will augment the number of edge data centers." Request a FREE sample of this report here : https://bisresearch.com/requestsample?id=1413&type=download IT and Telecom to be the Leading End-User Industries in Data Center Cooling Market The end-user segment for the data center cooling market is classified into IT and telecom, banking, financial services, and insurance (BFSI), government and public sector, manufacturing, healthcare, retail, and others. According to the report from BIS Research on the data center cooling maket, the IT and telecom segment led the market in 2021, and the trend is expected to continue during the forecast period 2021-2027. With the introduction of new technologies such as 5G, IoT, virtual and augmented reality, and artificial intelligence, the telecommunications industry is evolving to cater to huge data processing. As a result, telecom data centers are also transforming to handle high data volume and low latency needs. Major Existing Industry Leaders in the Data Center Cooling Market The companies that are profiled have been selected based on input gathered from primary experts and analyzing company coverage, product portfolio, and market penetration. Some of the established names in the market are ALFA LAVAL, Asetek, Inc., Black Box, Condair Group, Coolit Systems, Danfoss, Delta Power Solutions, EVAPCO, Inc., FUJITSU, Modine Manufacturing Company, Munters, Nortek Air Solutions, LLC, Rittal GmbH & Co. KG, Schneider Electric, STULZ GMBH, Submer, Trane, and Vertiv Group Corp. Recent Developments in the Global Data Center Cooling Market
Want to learn more about the latest trends in smart energy? Speak to our analysts Exclusive DeepTechTM MAP Analysis for Data Center Cooling by BIS Research: Carbon Neutral Data Center Market Data Center Liquid Cooling Market About BIS Research: BIS Research is a global B2B market intelligence and advisory firm focusing on deep technology and related emerging trends which can disrupt the market dynamics in the near future. We publish more than 200 market intelligence studies annually that focus on several deep technology verticals. Our strategic market analysis emphasizes on market estimations, technology analysis, emerging high-growth applications, deeply segmented granular country-level market data, and other important market parameters useful in the strategic decision-making for senior management. BIS Research offers syndicate as well as custom studies and expert consultations to firms, providing them with specific and actionable insights on novel technology markets, business models, and competitive landscapes. Contact: Bhavya Banga Logo: https://mma.prnewswire.com/media/495163/BIS_Research_Logo.jpg View original content:https://www.prnewswire.co.uk/news-releases/global-data-center-cooling-market-to-reach-44-52-billion-by-2027--exclusive-deeptech-m-a-ptm-analysis-by-bis-research-301708137.html |