DUBLIN–(BUSINESS WIRE)–The “Data Center Liquid Cooling Global Market Report 2022: Ukraine-Russia War Impact” report has been added to ResearchAndMarkets.com’s offering.
The global data center liquid cooling market is expected to grow from $ 2.12 billion in 2021 to $ 2.67 billion in 2022 at a compound annual growth rate (CAGR) of 26.2%. The data center liquid cooling market is expected to reach $ 6.20 billion in 2026 at a CAGR of 23.4%.
North America was the largest region in the data center liquid cooling market in 2021. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the data center liquid cooling market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East and Africa.
The increasing number of data centers and server density is expected to propel the growth of the data center liquid cooling market going forward. Data centers have become an integral part of business operations in enterprises due to their number of advantages in supporting the business in various aspects such as computation, data storage, network, business applications, and other functions for the smooth functioning of business operations. Due to these advantages, there is an increase in the number of data centers and server density, ultimately raising the demand for liquid cooling systems.
For instance, in September 2021, according to an article published by phoenixNAP, a US-based company…