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Rising Demand for Immersion Cooling Due to Massive Amounts of Data Generations

12-05-2022 09:36 AM CET | Business, Economy, Finances, Banking & Insurance

Press release from: P&S Intelligence

Rising Demand for Immersion Cooling Due to Massive Amounts

In 2021, the immersion cooling industry contributes $258.6 million, and it is predicted to generate $1,855.1 million in 2030, advancing at a rate of 24.5% in the coming future. The rising penetration of the data centers, rapid usage of cloud services, and large amounts of data generation are the major factors for industry propulsion.

Moreover, the rising internet penetration, led by an increasing number of smartphone users and rising social media use, and the growing focus of organizations on shifting data centers from the server room to data centers are projected to proliferate the industry.

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The single-phase category holds a substantial share of the immersion cooling industry, accounting for 70%. It is led by the numerous benefits of the techniques. For instance, single-phase immersion cooling systems are easy to operate, energy-efficient, affordable, and have low-maintenance costs with an average life span of 15 years. All such factors contribute to the higher demand for data centers.

Data generation in large amounts boosts industry growth. Around 2.5 quintillion bytes of data are generated every day across the world. In addition, 90% of the global data was created in the last 4 to 5 days due to the massive adoption of social media platforms, along with the advent of IoT solutions.

The growing usage of embedded, machine-to-machine, and IoT devices lead to high amounts of data generation. The data is generated in the form of pictures and videos, information for practical and amusement uses such as security and advertising, along with productivity-driven data such as huge files on computer systems and servers.

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Moreover, the liquid utilized in the method must possess significantly low electrical conductivity, so that it does not affect the normal operations of the computer. If an electrically conductive liquid has to be used, then it is crucial to insulate those parts which as likely to get impacted by electromagnetic interference, more specifically, the CPU.

The major companies operating in the industry are:
1- Fujitsu Limited
2- DUG Technology (Australia) Pty Ltd.
3- LiquidStack B.V.
4- LiquidCool Solutions
5- ExaScaler Inc.
6- Submer Technologies SL
7- Iceotope Technologies Ltd.

Therefore, the large amounts of data generation led by the growing number of smartphone users, and internet penetration boosts the demand for immersion cooling.

Browse more reports:

Global Blockchain Market - https://www.psmarketresearch.com/market-analysis/blockchain-market

Global Data Center Market - https://www.psmarketresearch.com/market-analysis/data-center-market

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P&S Intelligence
Phone: +1-347-960-6455
Email: enquiry@psmarketresearch.com
Web: https://www.psmarketresearch.com
Blog: https://chemicalmaterialsnews.blogspot.com

About P&S Intelligence

P&S Intelligence provides market research and consulting services to a vast array of industries across the world. As an enterprising research and consulting company, P&S believes in providing thorough insights on the ever-changing market scenario, to empower companies to make informed decisions and base their business strategies with astuteness. P&S keeps the interest of its clients at heart, which is why the insights we provide are both honest and accurate. Our long list of satisfied clients includes entry-level firms as well as multi-million-dollar businesses and government agencies.

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