Information Communication and Technology Reports Data Center Cooling Market
Data Center Cooling Market is estimated to grow from
USD 7.12 Billion in 2016 to USD 14.28 Billion by 2021
According to a new market research report” Data Center Cooling Market by Solution (Air Conditioning, Chilling
Unit, Cooling Tower, Economizer System, Liquid Cooling System, Control System, and Others), Service, Type of
Cooling, Data Center Type, Industry, and Region - Global Forecast to 2021” , published by MarketsandMarkets™,
The data center cooling market is estimated to grow from USD 7.12 Billion in 2016 to USD 14.28 Billion by 2021, at
a Compound Annual Growth Rate (CAGR) of 14.95%.
The market is driven by factors such as the growing need to improve processing capabilities, reduce the heat
generated by increased data center power densities, and focus on developing cost effective and green data centers
solutions. In this study, 2015 has been considered as the base year and 2016-2021 as the forecast period.
Browse and in-depth TOC on “Data Center Cooling Market”
66 - Tables
43 - Figures
147 - Pages
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The data center cooling market is driven by factors such as the growing need to improve the overall data center
efficiency, reduce additional heat generated by increased data center power densities, and increase focus on
developing cost effective and eco-friendly data centers solutions.
Liquid cooling solutions segment is expected to grow at the highest CAGR
Liquid cooling solutions segment is expected to witness the highest CAGR during the period 2016 to 2021. Liquid
cooling solutions make use of advanced engineered coolants that reduce the overall carbon footprint making them
a more environment-friendly solution. Moreover, they provide efficient cooling for high power and server density
data centers. These benefits are driving the market and are anticipated to help in propelling the data center
cooling market to grow at the highest CAGR during the forecast period.
“Maintenance and support services segment to grow at the highest rate during the forecast period”
The maintenance and support services segment is expected to grow at the highest CAGR during the forecast period
owing to the rapid adoption of data center cooling solutions in enterprise and large data centers, which require
third-party assistance for maintenance of the cooling infrastructure and additional support for the liquid cooling
infrastructure.
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North America is expected to dominate the data center cooling market during the forecast period
The data center cooling market segments the global market on the basis of regions, which include North America,
Asia-Pacific (APAC), Europe, Middle East & Africa (MEA), and Latin America. North America is expected to hold the