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Global data center cooling market size to reach USD 17,346 million by 2028

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Pune, India, May 16, 2022 (GLOBE NEWSWIRE) — According to MarketStudyReport, worldwide data center cooling market share is slated to record a CAGR of 11.4% over 2022-2028 and garner a valuation of USD 17,346 million by the forecast period end.

In order to gain a better understanding of the overall market size and scope, the authors of the report have classified the industry space based on component, cooling technique, end-user, structure, and regional extent. These segments are thoroughly investigated in terms of their remuneration scope and growth prospects over the forthcoming years.

Proceeding further, the document studies the competitive landscape through detailed business profiles within the parameters of company’s product & service landscape, geographical boundaries, and production capacities among others.

Rising demand for a competent data center infrastructure, combined with increased consumption of power are the major factors that boost the market growth.

Request Sample copy of this Report @ https://www.marketstudyreport.com/request-a-sample/5042746/

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Besides, penetration of artificial intelligence and machine learning has multiplied data generation volume, thus intensifying the utilization of cooling techniques as data centers across the globe are currently designing their facilities to support more than 20kW per cabinet, which is significantly bolstering the demand for data center cooling systems.

For the unversed, cooling systems play a pivotal role in maintaining temperature for technical equipment to function effectively. In order to achieve this goal, cooling systems aid in transferring the heat into a heat sink.

Segmental outlook: –

Considering cooling technique, air-based cooling techniques are touted to steadily gain popularity during 2022-2028, creditable to various innovations that aim to utilize outside air for the cooling process.

Meanwhile, worldwide data center cooling industry share from liquid-based cooling techniques segment is anticipated to grow substantially during the study period, as many data centers are now being built with an in-house water treatment plant that aids in conservation of water which can be further used in the operation of cooling systems.

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Regional scope overview: –

North America, Europe and Asia Pacific are the major growth avenues for the market. North America currently accounts for the largest industry share and will probably continue showcasing a strong growth rate over the evaluation period, creditable to the dense presence of major players in the region.

To access a sample copy or view this report in detail along with the table of contents, please click the link below:

https://www.marketstudyreport.com/reports/global-data-center-cooling-market-2022-2028

Competitive landscape summary: –

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Vertiv Holdings Co., Trane Technologies plc, STULZ GmbH, Schneider Electric SE, Munters AB, Asetek A/S, The Mitsubishi Group, Hitachi Ltd., Rittal GmbH & Co. KG., Nortek Holdings Inc., Airdale International Air Conditioning Ltd., Fujitsu Ltd., Daikin Industries Ltd., Johnson Controls International, and Carrier Global Corporation are the major contenders impacting global data center cooling industry trends.  

Global Data Center Cooling Market by Component (Value, USD Million, 2018-2028)

  • Services
  • Solutions

Global Data Center Cooling Market by Cooling Technique (Value, USD Million, 2018-2028)

  • Liquid Based Cooling Techniques (water-based cooling, direct to chip cooling, liquid immersion cooling)
  • Air Based Cooling Techniques

Global Data Center Cooling Market by Structure (Value, USD Million, 2018-2028)

  • Row Based Cooling
  • Rack Based Cooling
  • Room Based Cooling

Global Data Center Cooling Market by End User (Value, USD Million, 2018-2028)

  • Energy
  • Government & Defense
  • Manufacturing
  • Healthcare
  • IT & Telecom
  • Retail
  • BFSI
  • Media & Entertainment
  • Others

Global Data Center Cooling Market by Region (Value, USD Million, 2018-2028)

  • North America
  • Europe
  • Asia Pacific
  • Rest of the World

Global Data Center Cooling Market, Key Companies (Value, USD Million, 2018-2028)

  • Vertiv holdings Co.
  • Trane Technologies plc
  • STULZ GmbH
  • Schneider Electric SE
  • Munters AB
  • Asetek A/S
  • The Mitsubishi Group
  • Hitachi Ltd.
  • Rittal GmbH & Co. KG.
  • Nortek Holdings Inc.
  • Airdale International Air Conditioning Ltd.
  • Fujitsu Ltd.
  • Daikin Industries Ltd.
  • Johnson Controls International
  • Carrier Global Corporation

Table of Content:

PART 1. INTRODUCTION

  • Report description
  • Objectives of the study
  • Market segment
  • Years considered for the report
  • Currency
  • Key target audience

PART 2. METHODOLOGY

PART 3. EXECUTIVE SUMMARY

PART 4. MARKET OVERVIEW

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  • Introduction
  • Drivers
  • Restraints
  • Impact of COVID-19 pandemic

PART 5. MARKET BREAKDOWN BY COMPONENT

  • Solutions
  • Services

PART 6. MARKET BREAKDOWN BY COOLING TECHNIQUE

  • Air-based cooling techniques
  • Liquid-based cooling techniques (water-based cooling, direct-to-chip cooling, liquid immersion cooling)

PART 7. MARKET BREAKDOWN BY STRUCTURE

  • Room based cooling
  • Rack based cooling
  • Row based cooling

PART 8. MARKET BREAKDOWN BY END USER

  • BFSI
  • Manufacturing
  • IT & telecom
  • Media & entertainment
  • Retail
  • Government & defense
  • Healthcare
  • Energy
  • Others

PART 9. MARKET BREAKDOWN BY REGION

  • Asia Pacific
  • Europe
  • North America
  • Rest of the World (RoW)

PART 10. KEY COMPANIES

Related Report:

Data Center Cooling Market Size, COVID-19 Impact Analysis, Regional Outlook, Application Potential, Competitive Market Share & Forecast, 2021 – 2027

The data center cooling market is expected to witness significant growth by 2027 primarily driven by the booming demand for data centers across the globe. In addition, burgeoning growth in cloud services adoption is estimated to further support market growth over the forecast period. Following the COVID-19 outbreak, data centers gained immense significance as they enabled online meetings and e-commerce, among other operations. As a result, the booming need for maintenance of digital infrastructures around the world has been vastly profitable for industry expansion. The novel AWS Middle East (UAE) Region would be the company’s second facility in the Middle East after the AWS Middle East (Bahrain) Region. The infrastructure would house three Availability Zones and offer customers more choice and flexibility to use advanced technologies from the leading cloud service provider.

Data Center UPS Market Size, COVID-19 Impact Analysis, Regional Outlook, Growth Potential, Competitive Market Share & Forecast, 2021 – 2027

The data center UPS market is expected to grow considerably by 2027 owing to widespread adoption of cloud computing and IoT technology across the globe. Additionally, growing dependency on internet worldwide is projected to further fuel market growth through the forecast period. The uninterruptible power supply (UPS) is a piece of equipment used by data centers to ensure that servers and other sensitive computer equipment are not affected by power outages or poor power quality. From the regional perspective, the South America data center UPS market is anticipated to amass lucrative gains over the review period, progressing at a stable pace over 2021-2027. Expansion of the data center colocation industry in the region would propel the demand for advanced UPS solutions, which is slated to foster regional market outlook in the future.

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About US:

Market Study Report is a hub for market intelligence products and services.

We streamline the purchase of your market research reports and services through a single integrated platform by bringing all the major publishers and their services at one place.

Our customers partner with Market Study Report, to ease their search and evaluation of market intelligence products and services and in turn focus on their company’s core activities.

If you are looking for research reports on global or regional markets, competitive information, emerging markets and trends or just looking to stay on top of the curve then Market Study Report, is the platform that can help you in achieving any of these objectives.

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Artificial Intelligence

Altair Announces Material Collaboration with HP Inc.

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HP data will bolster Altair® Material Data Center™ bridging gap between design and production of 3D-printed parts
TROY, Mich., June 24, 2024 /PRNewswire/ — Altair (Nasdaq: ALTR), a global leader in computational intelligence, has signed an agreement with HP Inc. in which HP will provide Altair with proprietary material information that will bolster the Altair® Material Data Center™, which enables designers, engineers, and scientists to browse, search, and compare materials in a standalone application or through the interface of their simulation and optimization tools. The collaboration will help break down traditional barriers to 3D printing adoption and ultimately help customers better design parts for Multi Jet Fusion and Metal Jet printers.

“Collaborating with HP will empower our customers to overcome the common challenge of access to accurate material property data, that often hinders the design and production of 3D-printed parts,” said Yeshwant Mummaneni, chief engineer, data management and analytics, Altair. “3D printing solutions are providing new and unique opportunities for businesses and industries of all sizes around the world – we are thrilled to continue providing best-in-class solutions and databases that help more people benefit from the technology and its adoption.”
The collaboration between Altair and HP bridges the often-siloed functions of the design and production of 3D-printed parts. As a result of the partnership, engineers with access to the Altair Material Data Center will be able to use HP material data to design efficient parts, conduct structural analysis using finite element analysis (FEA), and predict and fix manufacturing defects during design and simulation.
“3D printing is at the forefront of so many next-generation opportunities – we are delighted to reinforce Altair’s robust databases and solutions with our library of material information,” said Arvind Rangarajan, global head, software and data, personalization, and 3D printing, HP. “Partnering with a technological leader like Altair will help organizations worldwide develop better products, shorten timelines, and minimize the prototyping process to reduce waste.”
The collaboration will also benefit users of Altair® Inspire™ Print3D, which accelerates the creation, optimization, and study of innovative, structurally efficient additively manufactured parts by providing a fast and accurate toolset for the design and process simulation of parts made by metal binder jetting.
To learn more, visit Altair in booth #800 at RAPID + TCT June 25-27 or visit https://materials.altairone.com/page/landing to register for free access to the Altair Material Data Center.
About Altair
Altair is a global leader in computational intelligence that provides software and cloud solutions in simulation, high-performance computing (HPC), data analytics, and AI. Altair enables organizations across all industries to compete more effectively and drive smarter decisions in an increasingly connected world – all while creating a greener, more sustainable future. To learn more, please visit www.altair.com.
Media contacts
Altair Corporate
Altair Investor Relations
Bridget Hagan
Stephen Palmtag
+1.216.769.2658
+1.669.328.9111
[email protected]
[email protected]
Altair Europe/The Middle East/Africa
Charlotte Hartmann
+49 7031 6208 0
[email protected]
 
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Artificial Intelligence

FX Veteran John Bogue Joins ATFX as Director of Institutional Operation

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LONDON, June 24, 2024 /PRNewswire/ — ATFX, a leading global online trading broker, is pleased to announce the appointment of John Bogue as the Director of Institutional Operation. With over 30 years of experience in the FX market, John brings invaluable expertise in trading, prime brokerage, and e-brokerage to ATFX.

John’s extensive background includes significant roles at NatWest Markets Plc and Euronext FX Inc., formerly FastMatch. His deep understanding and seasoned oversight have been honed through his exposure to all facets of the FX asset class, including operations, risk management, and sales functions.
John’s prior position was as Director for EMEA FX at TraderTools. He was instrumental in rolling out their PriceOn™ algo offering across Europe, the Middle East, and Africa. His work significantly enhanced the technology’s penetration among banks and brokers within these regions.
“We are thrilled to welcome John Bogue to our team,” said Joe Li, Chairman at ATFX. “John’s relentless focus on accuracy, clarity, and prioritization of clients and team will be immensely beneficial as we continue expanding our capabilities and services.”
This recruitment is a strategic step for ATFX after their recent integration of PriceOn™ from TraderTools. With AI technology and algorithms, ATFX can optimize liquidity flow and provide top-notch services for institutional and retail clients. Competitive pricing accelerates global business growth and meets clients’ dynamic needs worldwide.
With the addition of John Bogue and ATFX’s recent hires of FX industry masters Drew Niv as the Chief Strategic Officer, Siju Daniel as the Chief Commercial Officer, Hormoz Faryar as Managing Director of Institutional, and Aditya Singh as Business Development Director International, this reaffirms ATFX’s commitment to long-term success and solidifies its position as a dominant player in the global financial marketplace.
About ATFXATFX is a leading global fintech broker with a local presence in 23 locations and licenses from regulatory authorities, including the UK’s FCA, Cypriot CySEC, UAE’s SCA, Australian ASIC, and South African FSCA. With a strong commitment to customer satisfaction, innovative technology, and strict regulatory compliance, ATFX provides exceptional trading experiences to clients worldwide.
For further information on ATFX, please visit the ATFX website: https://www.atfx.com. 
Photo – https://mma.prnewswire.com/media/2444530/IMG_John_Bogue.jpg

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Artlist Revolutionizes Video Creation with an Innovative AI Voiceover Feature

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Artlist becomes first creative asset platform to offer an in-product AI voice generator, unveiling an exclusive voice catalog
TEL AVIV, Israel, June 24, 2024 /PRNewswire/ — Artlist, a creative technology company that provides a vast catalog of royalty-free digital assets to empower brands and content creators worldwide, today announced its latest offering — an in-product AI voiceover generator for video creators. This groundbreaking feature marks a new era in content creation and another significant step in Artlist’s mission to empower brands and creators with everything they need to create videos in one place. The AI voiceover generator feature is included in the Artlist Max plan, offering even more value for the same price, and as a stand-alone plan.

To view the Multimedia News Release, please click:  https://www.multivu.com/players/uk/9276151-artlist-video-creation-innovative-ai-voiceover/
Artlist’s AI voice generator feature seamlessly integrates into existing workflows alongside Artlist’s music, sound effects, footage, and template offering. By eliminating the need for external voiceover services, brands and creators can save valuable time and resources, accelerating content creation and unlocking new storytelling possibilities.
“We’re excited to introduce the AI voiceover generator to our platform,” says Itzik Elbaz, Co-Founder and Co-CEO of Artlist. “This new feature will enhance the ability of brands and creators to craft immersive narratives and bring their visions to life with unmatched clarity and emotion. Whether you’re a high-end production company, an in-house creative team, or an emerging content creator, Artlist provides the tools you need to succeed in today’s competitive creator economy all in one place.”
Artlist’s voiceover feature represents a significant breakthrough in content creation, providing creators with unparalleled access to a unique, high-quality voice catalog crafted by top-tier artists. Creators can now enrich their videos with professional-grade narrations, elevating the quality of their content and captivating audiences like never before with an array of exclusive voices at their fingertips.
“We developed a catalog of exclusive voices with a goal of democratizing access to high-quality narrations, to enable brands and creators to enhance their videos with professional-grade voiceovers,” said Roee Peled, Chief Product Officer of Artlist. “By leveraging advanced AI and speech synthesis technologies, we can make it easier and more cost-effective for brands and creators to produce engaging voiceovers at scale.”
AI voiceover technology is rapidly transforming, offering increased efficiency, cost savings, and creative flexibility for content creators. This surge in popularity has led businesses and creators to recognize its potential to improve engagement and convey messages effectively. From promotional videos to tutorials and beyond, AI voiceover generator offers an efficient solution for capturing audience attention and driving results.
About Artlist 
Artlist is a leading creative technology company empowering global brands and individual creators with an extensive catalog of over 2.5 million high-quality, royalty-free digital creative assets, including music, sound effects, footage, templates, and plugins, made by award-winning artists. The company has over 26M users, including top-tier global brands like Google, Amazon, Microsoft, and Calvin Klein, who trust Artlist as a complete solution for video creation. With a simple global license and unlimited usage, Artlist’s mission is to enable creativity without limits through Artlist, its all-in-one video creation platform, and the Motion Array catalog for content creators. Artlist has been recognized as a top startup by Wired and LinkedIn. Founded in 2016, it has continued to revolutionize the creative industry by offering exclusive assets under a subscription-based model. For more information, please visit www.artlist.io.
Contact: Ravit Shimony, PR and Communications Manager at Artlist, [email protected]
Video – https://www.youtube.com/watch?v=16ggAKMeCsk&ab_channel=Artlist
 
 

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