Title: Data Center Cooling Market
1Data Center Cooling Market Report
2INTRODUCTION
Data center cooling collectively known as tools,
equipment, systems, and techniques that ensures
required temperature and humidity levels within
any data center facility. It works by removing
excess heat from a facility and ensures server
uptime by providing efficiency in the working of
data center.
3KEY INSIGHTS
MARKET SIZE
FORECAST
CAGR
2023- 2030
2022
2030
10.25 Bn
23.89 Bn
11.6
4REVENUE MARKET SHARE BY SEGMENTS 2022
Component
Product Type
Solution 61.0
Air Conditioners 36.7
Cooling
Application
Room-Based 60.5
IT 28.4
5GLOBAL DATA CENTER COOLING MARKET REVENUE SHARE
FOR 2022
North America 34.1
North America dominates the market for data
center cooling market owing to the presence of
big players in the U.S. Data centers are
primarily owned by cloud vendors, or banks which
are extensively present in North America.
6Rise in the number of data center facilities
drives the growth of data center cooling market
around the globe
Drivers
- The excessive high cost in setting and installing
data center facilities may hinder the growth of
market. - The cost of installing data center facility
reaches somewhere upto 1000-4000 per rack.
Restraints
7AUTHOR'S PERSPECTIVE
- Solution component dominates the market of data
center cooling owing to the high demand for wide
array of solution used in data center facilities.
- By Cooling, Rack/Row-Based Cooling is projected
to grow at the highest CAGR in Data Center
Cooling market.
- The cooling system has started using AI for data
center cooling. Google's AI for cooling uses
sensors to collect data every five minutes.
8KEY PLAYERS
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