Data center cooling market is predicted to cross usd 20 billion by 2024 according to a new research report by global market insights, inc increase in the power consumption levels and the need to. The worldwide market for modular data centers and related equipment is set to grow from $837 billion in 2015 to $3511 billion by 2020 according to research agency markets and markets, north america is expected to remain the largest modular data center market in terms of size, while asia-pacific. Market research report summary data center cooling market in the us 2015-2019 report is published on april 8, 2015 and has 123 pages in it this market research report provides information about industry & manufacturing, construction, hvac, country overview (industry & manufacturing) industry.
The data center cooling market is set to undergo substantial growth in the coming years in 2016 the global data center cooling market was estimated to be worth us$8 billion and is expected to maintain a compound annual growth rate (cagr) of 12 percent all the way to 2024. Industry insights the global data center cooling market size was valued at usd 610 billion in 2015 and is expected to reach usd 1778 billion by 2024, at a cagr exceeding 110% from 2016 to 2024. The data center cooling market in latin america by cooling infrastructure is classified into cooling systems and other infrastructure the cooling system was the largest segment in the market in.
According to stratistics mrc, the global data center liquid cooling market is estimated at $064 billion in 2015 and is expected to reach $356 billion by 2022 growing at a cagr of 277% from 2015. The data center cooling market is segmented based on solutions, components, service, end-user, verticals, and geographythe market will grow upto cagr 1317%the exponential growth of data (structured and unstructured) and increasing global demand for cloud computing. Technavio's analysts forecast the data center cooling market in the us to grow at a cagr of 667 percent over the period 2015-2019 covered in this report the report covers the present scenario and the growth prospects of the data center cooling market in the us for the period 2015-2019. Liquid cooling systems have increasingly demonstrated a promising potential to lower the overall energy required to run large data centers – a factor that has affirmed the utility of these coolants in the overall data center cooling market. Among the aforementioned regions, north america will dominate the data center liquid cooling market over the forecast period owing to the fact that north america has the largest data centers in world and it has been foremost in developing and producing data center liquid cooling products.
Technavio's report, data center cooling market in us 2015-2019, has been prepared based on an in-depth market analysis with inputs from industry experts the report covers the market landscape and. Liquid cooling typically enters the conversation when rack power densities in a data center reach 30kw to 50kw kilowatts (kw) or higher, venkat s, an analyst at the market research firm technavio, said. In 2014, the global data center cooling market for banking, financial services, and insurance (bfsi) stood at four billion us dollars the statistics portal statistics and studies from more than. However, any leakage in the liquid cooling system in the data center can be destructive for the systems & entire organization and this hinders the growth of the data center liquid cooling market a datacenter is basically a building comprising servers that stores information in form of data.
Data center liquid cooling market size the market is expected to register a cagr of 1202%, during the forecast period (2018 - 2023) the scope of the report is limited to type of liquid cooling offered by major players, which involves indirect liquid cooling, direct liquid cooling. 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. Rising power & cooling demand of modern equipments, growing needs for eco-friendly data center solutions and availability of advanced coolants are some of the key factors fueling the market growth. The rise in the number of data centers on account of the surge in demand for cooling solutions across the it & telecom, retail, bfsi, healthcare, and energy sectors is the key factor expected to catapult the data center cooling market.
The data center cooling market is set to reach $20bn by 2024, according to research by global market insights hot and cold aisle containment, blanking panels (to be placed in unused rack spaces to avoid the recirculation of hot air), close coupled cooling (meaning it is precise and offers. Increasing data storage needs, greater adoption of cloud computing, rapid growth of big data and data science within various industry verticals, and development of it infrastructure within various developing countries are key factors driving the growth of global data center cooling market. The data center cooling market in the us to grow at a cagr of 667 percent over the period 2015-2019 the report covers the present scenario and the growth prospects of the data center cooling.
The global data center cooling market has been valued at us $539 billion in the year 2015 and is expected to reach at usd us $1010 billion by the end of forecast period with 1336% of compound. The market research report provides in-depth market analysis and segmental analysis of the us data center market by electrical infrastructure, mechanical infrastructure, general construction, tier. Austin, texas (december 13, 2016)—the data center cooling market declined slightly in 2015 by 04% but is projected to grow by 10% year-over-year in 2016 while the market as a whole is close to flat, this is the net result of some very differing growth rates among the various product types. Global data center liquid immersion cooling market value 2015 – 2025 us$ million source: coherent market insights (2018) on the basis of geography, the data center liquid immersion cooling market is segmented into north america, europe, asia pacific, latin america, middle east, and africa.
Data center cooling market report, published by allied market research, forecasts that the global market is expected to garner $1165 billion by 2020, registering a cagr of 1317% during the period 2014-2020. Htf mi recently introduced data center cooling market study with in-depth overview, describing about the product / industry scope and elaborates market outlook and status to 2023. Data center cooling market size the global data center cooling market was valued at usd 826 billion in 2017 and is expected to reach a value of usd 1654 billion by 2023 at a cagr of 1187% over the forecast period of 2018–2023. The phoenix data center market is currently home to 161 million square feet of commissioned data center space, according to market research from datacenterhawk phoenix is the sixth-largest market for data center capacity in the us, trailing northern virginia, silicon valley, dallas, chicago and new jersey.