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Data Center Liquid Immersion Cooling Market Growth Factors, Segmentation, Trends, Opportunities, Key Players and Forecast | Evolve Business Intelligence

02-23-2024 05:02 PM CET | IT, New Media & Software

Press release from: Evolve Business Intelligence

Data Center Liquid Immersion Cooling Market Growth Factors,

As per the study initiated by Evolve Business Intelligence, the global Data Center Liquid Immersion Cooling Market size accounted for USD 12.17 Billion in 2023, growing at a CAGR of 7.36% from 2023 to 2033. Data center liquid immersion cooling is an innovative cooling technique wherein servers and other electronic components are submerged in a dielectric fluid or coolant instead of relying on traditional air-based cooling systems. This immersion in a non-conductive liquid facilitates more efficient heat dissipation, as the liquid directly absorbs and dissipates heat from the components. By eliminating the need for air conditioning systems and leveraging the higher heat transfer capacity of liquids compared to air, data center liquid immersion cooling can significantly enhance energy efficiency and reduce cooling costs while also enabling higher-density server deployments and improving overall performance and reliability in data center operations.

The Data Center Liquid Immersion Cooling market is primarily driven by the increasing demand for energy-efficient cooling solutions in data centers, aiming to mitigate heat-related challenges and reduce operational costs. Additionally, the growing adoption of high-performance computing (HPC) and artificial intelligence (AI) applications necessitates more efficient cooling methods, propelling the market for liquid immersion cooling technologies.

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Key Highlights:
• The global Data Center Liquid Immersion Cooling Market size was valued at USD 12.17 billion in 2023 growing at a CAGR of 7.36% from 2023 to 2033.
• North America dominated the market in 2023
• Asia Pacific is expected to grow at the highest CAGR from 2023 to 2033

Evolve Business Intelligence has just unveiled its latest market research report focusing on the Global Data Center Liquid Immersion Cooling Market. This comprehensive report delves into various facets of the market, including market size and projections, market dynamics, competitor market share analysis, market value and volume, SWOT analysis, product comparisons, recent advancements by major players, and prospective opportunities. Furthermore, the market's evaluation in the dynamic chapter considers four key indicators: Drivers, Constraints, Emerging Trends, and Challenges.

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Key Players
Some of the major Data Center Liquid Immersion Cooling Market players holding high market shares include IBM Co., Alfa Lava AB, Liquid Cool Solutions, Bitfury Group, and Green Revolution Cooling, Inc. These players use partnership and collaboration as a key strategy to gain significant market share to compete with market leaders.

The key players profiled in the report are:
• IBM Co.
• Alfa lava AB
• Liquid Cool Solutions
• Bitfury Group
• Green Revolution Cooling, Inc.
• Chilldyne Inc.
• Green Data Center LLP
• Alibaba Group
• Mitsubishi Electric Corporation
• Horizon Computing Solutions, Inc.

Segmental Analysis
Market Segment By Type
• Single Phase Cooling
• Two Phase Cooling
Market Segment By Application
• Small and Medium Data Centers
• Large Data Centers
• Hyper-Scale Data Centers

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Key Region/ Countries Covered
• North America (US, Canada, Mexico)
• Europe (Germany, U.K., France, Italy, Spain, Russia, Nordic Countries, BeNeLux, Rest of Europe)
• Asia-Pacific (China, India, Japan, South Korea, Indonesia, Malaysia, Rest of Asia Pacific)
• Middle East and Africa (Saudi Arabia, UAE, Egypt, South Africa, Rest of MEA)
• Latin America (Mexico, Brazil, Argentina, Rest of Latin America)

Reasons to Buy this Report:
• Comprehensive insights.
• Reliable and accurate data.
• Market size and data forecast
• Competitive analysis.
• Identification of market opportunities.
• Risk identification and mitigation strategies.
• SWOT analysis.
• TAM Analysis
• Recent industry developments.
• Customization options.
• Expertise and guidance for strategic decision-making

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Evolve Business Intelligence
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Gujarat 396191
India
Email: sales@evolvebi.com
Website: https://evolvebi.com/

About EvolveBI
Evolve Business Intelligence is a market research, business intelligence, and advisory firm providing innovative solutions to challenging pain points of a business. Our market research reports include data useful to micro, small, medium, and large-scale enterprises. We provide solutions ranging from mere data collection to business advisory.
Evolve Business Intelligence is built on account of technology advancement providing highly accurate data through our in-house AI-modelled data analysis and forecast tool - EvolveBI. This tool tracks real-time data including, quarter performance, annual performance, and recent developments from Fortune's global 2000 companies.

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