Data Center Cooling Solutions Market size to record USD 27.95 billion growth from 2023-2027, Greater use of HPC is one of the key market trends, Technavio

Data Center Cooling Solutions Market size to record USD 27.95 billion growth from 2023-2027, Greater use of HPC is one of the key market trends, Technavio

May 08, 2024 by PR Newswire

Key Facts

  • For more insights on the market trends with forecast market size and historic data (2017 - 2021) - Download a FREE Sample Report in minutes!
    • Despite challenges, demand for data center capacity is rising due to technologies like cloud computing and IoT, increasing IT costs and carbon emissions.
  • Major expansions, like Equinix's SG5 facility in Singapore, further contribute to the growing demand for air conditioning systems in the data center market.
  • Analyst Review The Data Center Cooling Solutions Market is witnessing a surge in demand due to the rapid growth of data-intensive applications, IoT, and digital services.

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