Advanced Computing in the Age of AI | Saturday, April 20, 2024

Research and Markets Adds New Data Center Cooling Market Report to Offering 

DUBLIN, Ireland, July 20 -- Research and Markets has announced the addition of the "Global Data Center Cooling Market 2015-2019" report to their offering.

The analysts forecast the global data center cooling market to grow at a CAGR of 14.30% over the period 2014-2019.

The report, Global Data Center Cooling Market 2015-2019, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects in the coming years. The report also includes a discussion of the key vendors operating in this market.

Free cooling solutions have the potential to reduce power consumption of data centers by more than 40%. Regions having favorable climatic conditions for free cooling are expected to see an increase in adoption of free cooling systems. Free and evaporative cooling will gain considerable traction among data centers worldwide during the forecast period. Moreover, rapid advances in technology in the cooling system space bode well for overall market growth.

According to the report, demand for data centers has increased considerably, driven by the emergence of cloud-based services and big data analytics globally. This has triggered many innovations in the data center space.

Further, the report states that the increasing per-unit cost of power is hurting the adoption of cooling systems.

---

Source: Research and Markets

EnterpriseAI