Press release
Data Center Cooling Market Trends and Opportunities by 2023; Key Players - Emerson, Coolcentric, Fujitsu Global, Hewlett Packard Enterprise, Rittal GmbH & Co. KG, Rittal GmbH & Co. KG, Hitachi and IBM
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The global data center cooling market can be segmented on the basis of user-type, solutions, service, industry verticals, types of cooling, and by regions. On the basis of user type, the global data center cooling market can be divided into cloud provider, colocation provider, and enterprise. Based on solutions, the market has been categorized as air conditioning, economizers, cooling towers chillers, management systems and others.
On the basis of service, the global market of data center cooling can be segmented, as system integrators, professional services, and monitoring services. On the basis of industry verticals, the market can be divided into banking, financial services and insurance (BFSI), energy, healthcare, education, government, IT and telecom and others.
North America dominated the global data center cooling market4. However, Asia-Pacific and Europe are expected to experience faster growth during the forecast period. Europe is experiencing rapid growth, due to strict government regulations in the region regarding energy proficiency. Asia-Pacific is experiencing high growth in data consumption, which is the reason for high growth in both traditional and cloud data centers in the region.
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Some of the key competitors in the global data center cooling market include Emerson Electric Co., Coolcentric, FUJITSU, Hewlett-Packard Development Company, L.P., Rittal GmbH & Co. KG, Hitachi Ltd., International Business Machines Corp, Intel Corporation and STULZ GmbH.
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