Global data center cooling market

Global data center cooling market was valued at US$ 7.50 Bn in 2017 and is expected to reach US$ 20.84 Bn by 2026, at a CAGR of 13.63% during a forecast period.

Global Data Center Cooling Market

Data center cooling solution is used to keep environmental conditions ideal for information technology equipment operation. This technology eliminates the heat produced by the information technology equipment and transfers that heat to heat sink. Hence, in the absence of a suitable cooling system, data centers cannot function efficiently and may lead to system failure.

The objective of the report is to present a comprehensive assessment of the market and contains thoughtful insights, facts, historical data, industry-validated market data and projections with a suitable set of assumptions and methodology. The report also helps in understanding data center cooling market dynamics, structure by identifying and analyzing the market segments by component, application, service, cooling technique, and region and, project the global market size. Further, report also focuses on the competitive analysis of key players by product, price, financial position, product portfolio, growth strategies, and regional presence. The report also provides PEST analysis, PORTER’s analysis, SWOT analysis to address the question of shareholders to prioritizing the efforts and investment in near future to a particular market segment.

The rapid growth of structured, as well as unstructured data along with the growing demand for cloud computing, is estimated to boost the global data center cooling market growth over the forecast. Efficient cooling systems dominate to the major reduction in the operational cost of a data center. Additional, governments across the globe have imposing several environmental regulations on the emission and power consumption efficiency of the data center operations. These regulations are primary to high demand for eco-friendly data center cooling solutions. Low compatibility among different data center cooling technologies is restraining the market growth. Increasing demand for green data centers is an opportunity in data center cooling market.
This Report Is Submitted By @Global Market Research Company
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