Cooling Management System Market Trends and Segments 2016-2026 Cooling Management System Market Trends and Segmen | Page 4

Report Description Report Description The American Society of Heating, Refrigerating and Air-Conditioning Engineers (ASHRAE) provide guidelines and technical standards for cooling industry with respect to environment control conventions. The ASHRAE has proposed specific humidity and temperature levels to avoid system failure due to excessive heat which led to drive the installation of efficient cooling management system. Cloud Computing is becoming more popular these days and it is expected that consumers would store most of their digital data using cloud services which will drive the need for more data space and surplus data center system; thus results in increase in the demand for cooling management system market. The restraint in the growth of cooling management system market is the high cost for the installation of the setup and huge energy consumption. Considering the environmental issues regarding generation of greenhouse gases, greener cooling system has been introduced. Cooling Management System Market: Segmentation The cooling management system market can be segment based on the end use industry: • IT and telecom • Banking & Financial • Healthcare • Government