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Forecast for the Global Immersion Cooling Market in Data Centers, 2022-2028

01-17-2024 11:32 AM CET | IT, New Media & Software

Press release from: Triton Market Research

IMMERSION COOLING IN DATA CENTERS MARKET

IMMERSION COOLING IN DATA CENTERS MARKET

As per Triton's research report, the global immersion cooling data centers market accumulated $320.40 million in 2021, and is estimated to rise at a CAGR of 16.24% by 2028.

A recent study by Triton Market Research titled 'Global Immersion Cooling in Data Centers Market,' covers the Global Analysis and Forecasts by Verticals {Retail, Manufacturing, Healthcare, Government & Public Sector, BFSI (Banking, Financial Services & Insurance), IT & Telecom, Other Verticals}, by Product Type {Single-phase Immersion Cooling System, Two-phase Immersion Cooling System}, by End-user {Colocation Data Centers, Enterprise Data Centers, Hyperscale Data Centers, Other End-users}, and by geography (North America, Europe, Asia-Pacific, Latin America, and Middle East & Africa).

Request Free Sample of the Global Immersion Cooling in Data Centers Market Report @ https://www.tritonmarketresearch.com/reports/immersion-cooling-in-data-centers-market#request-free-sample?utm_source=PaidPRNew&utm_medium=OpenPR&utm_campaign=TritonPR

Triton's market report highlights that the global immersion cooling in data centers market is likely to witness growth at a CAGR of 16.24% during the forecasting years 2022-2028. Additionally, it is estimated to gain revenue worth $823.77 million by 2028.

Here's a link to our Regional Reports Summary:
https://www.tritonmarketresearch.com/search-report/IMMERSION+COOLING+IN+DATA+CENTERS+MARKET+

A new breed of edge micro data centers has emerged as a result of the pressing need to minimize latency. Because edge computing is developing so quickly, immersion cooling systems are often used to sustain high workloads in smaller spaces where standard cooling methods are not feasible or available. These technologies significantly lower the energy usage of edge computing locations. As a result of the rise in edge data centers, the market for immersion cooling in data centers is developing.On the other hand, immersion cooling systems demand a larger space on data center floors compared to other alternatives. This is because their racks lay horizontally rather than vertically. This acts as a major deterrent in the adoption of immersion cooling systems, and is restraining the market's growth.

The market for immersion cooling in data centers market is branched mainly into verticals, product type, and end-users. Based on verticals, it is categorized into retail, manufacturing, healthcare, government & public sector, BFSI (banking, financial services & insurance), IT & Telecom, and other verticals. Based on product type, it is categorized into single-phase immersion cooling system and two-phase immersion cooling system. Lastly, on the basis of end-users, it is classified into colocation data centers, enterprise data centers, hyperscale data centers, and other end-users.

Europe is estimated to exhibit the fastest growth rate in the global market over the forecasted period. This growth can be attributed to the booming data centers in various countries here, such as the United Kingdom, Germany, Ireland, the Netherlands, and Nordic countries, among others. With the developments in AI technology and the growing adoption of cloud strategies by several countries in the region, the demand for data centers has heightened. This has translated into an increase in the demand for immersion cooling systems in these centers, which is driving the growth of the considered market.

Midas Immersion Cooling, Usystems Limited, Stulz GmbH, GRC Green Revolution Cooling, Iceotope Technologies Limited, DUG Technology, LiquidStack, Liquidcool Solutions, DCX The Liquid Cooling Company, Vertiv Group Corporation, Fujitsu, Exascalar Inc, Submer, Schneider Electric, Wiwynn, and Asperitas are some of the leading companies engaged in the global immersion cooling in data centers market.

Purchase the Report @ https://www.tritonmarketresearch.com/reports/immersion-cooling-in-data-centers-market#purchase-option

Question & Answer: Immersion Cooling in Data Centers Market

Question 1: What is driving the growth of the immersion cooling in data centers market?
Answer: A new generation of edge micro data centers has emerged to cater to the pressing need for minimizing latency. With the rapid development of edge computing, immersion cooling systems are being used widely to sustain heavy workloads in smaller places where standard cooling techniques are not viable or accessible. These systems significantly aid in reducing the energy consumption at edge computing sites. Therefore, the rising number of edge data centers is driving the growth of the immersion cooling in data centers market.

Triton Market Research
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Website: https://www.tritonmarketresearch.com/

Triton is a leading market research company providing clients with the best online market research data reports.Our offerings include syndicated market insights, customized research reports, and cost-effective consulting services for constructive decision-making.

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