Every Data Center is associated with equipments which work on more electricity and emit more heat which affects the performance of the equipment, shortens its life span and cause system downtime. So to cool down the heat produce and for better working of these equipments, cooling solutions are used which are liquid cooled. The Global Data Center Liquid Cooling Market was worth 1.12 Billion USD in 2018 and is estimated to reach 3.84 Billion USD by 2025 at a CAGR of 19.24% during the forecast period.
Growth by Region
North America is expected to lead the Global Data Center Liquid Cooling Market due to technological advancements and early adoption of liquid cooling data centers across various industries. The Asia Pacific region and Europe follows North America.
Drivers vs. Constraints
The rising need of efficiency and reduction of costs are the factors which increases the Global Data Center Liquid Cooling Market. Growing concern over saving the environment and reducing power consumption also drives this market growth.
Industry Structure and Updates
In June 2015, on the grounds of patent infringement US District Court of San Jose gave a verdict in favour of Asetek stating that CoolIT Systems have to pay USD 1.9 million.