Data Center Cooling Market to Reach USD 12.64 Billion Year-Over-Year by 2028, A USD 65 Billion Opportunity Over the Next 6 Years- Arizton

CHICAGO, July 13, 2023 /PRNewswire/ — According to Arizton’s latest research report, the global data center cooling market will grow at a CAGR of 6.36%.
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Browse In-Depth TOC of the Data Center Cooling Market        
142 – Tables         186 – Charts         478 – Pages  
The global data center cooling market is going through a massive growth phase. The rise in demand for AI & ML applications among data center operators has accelerated the demand for cooling systems. A significant increase in self-built data center deployments by hyperscale operators worldwide has propelled the demand for efficient cooling infrastructure.
Around 15% to 25% of overall investments in data center construction are attributed to cooling systems. IT infrastructure and cooling systems are the major power consumers inside data centers. As more data center operators move toward carbon neutrality, innovation is being kept at the forefront while choosing cooling systems that ensure less power consumption, higher efficiency, and lower carbon emissions. Several data center operators have acquired innovative and energy-efficient cooling infrastructure solutions to reduce power consumption by up to 50%. The rise in water consumption and power usage are a few prominent challenges due to the higher rack capacities, which have fueled the demand for efficient cooling systems in the global data center cooling market.
Data Center Cooling Market Report Scope
Report Attributes
Details
Market Size (2028)
USD 12.64 Billion
Market Size (2022)
USD 8.73 Billion
CAGR by Revenue (2022-2028)
6.36 %
Base Year
2022
Forecast Year
2023-2028
Market Segmentation
Infrastructure, Cooling Systems, Cooling Technique, Tier Standards, and Geography
Geographic Analysis
North America, Latin America, Western Europe, Nordics, Central & Eastern Europe, Middle East, Africa, APAC, and Southeast Asia
Market Dynamics
·  District Heating Growth
·  Big Data & IoT Driving Data Center Investments
·  Growth In Data Centers Targeting PUE