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Global Data Center Liquid Immersion Cooling Market | Future Scope, Industry Size And Forecast 2029

Data Center Liquid Immersion Cooling Market Overview:

The Data Center Liquid Immersion Cooling market report offers a thorough analysis of the opposition, together with information on market share and company profiles for the leading foreign rivals. The scope of the study includes a full examination of the Data Center Liquid Immersion Cooling Market as well as the factors influencing regional variations in the growth of the sector.

Data Center Liquid Immersion Cooling Market was valued at USD 399.9 Million in 2021 and is expected to reach USD 2,638.89 Million by 2029, exhibiting a CAGR of 26.6 % during the forecast period (2022-2029).

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Market Scope:

After market engineering, which involved market statistics calculations, market size predictions, market projections, market breakdown, and data triangulation, was complete, extensive primary research was carried out to collect data and check and validate important figures. Throughout the market engineering process, top-down, bottom-up, and other data triangulation methodologies were routinely employed to conduct market estimates and forecasting for the overall market segments and sub-segments outlined in this research. In order to provide vital information throughout the study, all data collected during the market engineering process is submitted to extensive qualitative and quantitative analysis.

Drivers:

Excellent scalability offered by hyperscale data centres enables businesses to compete while enhancing speed, flexibility, security, and storage. Demand for data centres is anticipated to increase as emerging economies like China, India, and others develop their IT infrastructure. The adoption of the cloud model, which benefits the IT industry financially and operationally, is anticipated to increase demand for data centres. More than half (52%) of respondents to an NTT Ltd survey said that the cloud will have the most revolutionary impact on the business processes of their organisation. As a result, there will be a greater need for data centre cooling, which will result in the use of liquid cooling techniques based on end-user preferences.

Segmentation:

Single-phase immersion cooling systems held the largest market share of 67.78% in the Data Center Liquid Immersion Cooling Market by Type in 2021. By 2029, the market for data centre liquid immersion cooling is anticipated to be dominated by the segment, which had a value of USD 271.0 million in 2021. Two-phase immersion cooling systems are expected to increase significantly by 2029, with a market value of USD 128.8 million in 2021. Segment sales of two-phase immersion cooling systems are anticipated to grow at a CAGR of 26.95% during the anticipated time frame (2022 - 2029).

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Key Players:

To identify the market's leaders and predict market revenue, both primary and secondary research are performed. CEOs, marketing executives, and seasoned front-line employees are just a few of the influential thought leaders and subject matter experts who are included in the main study's in-depth interviews. As part of the primary research, extensive interviews with important thought leaders and business professionals, such as CEOs, marketing executives, and seasoned front-line staff, were conducted. As part of the secondary research, a review of the annual and financial reports of the major manufacturers was also done. Secondary data is employed to calculate percentage splits, market shares, growth rates, and market breakdowns. The results of these calculations are then compared to primary data. The Data Center Liquid Immersion Cooling market is dominated by the following businesses:

Regional Analysis:

The regional overview of market research for Data Center Liquid Immersion Cooling also discusses key market-influencing elements and legal developments that have an impact on current and future market trends. Current and upcoming trends are investigated in order to evaluate the whole market potential and find lucrative patterns in order to establish a better footing. The basis for evaluating the regional market is the current environment and expected trends.

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COVID-19 Impact Analysis on Data Center Liquid Immersion Cooling Market:

Owing to a halt in operations, the growth of end-user industries using Data Center Liquid Immersion Cooling decreased from January 2020 to May 2020. These countries included Spain, France, Italy, China, the United States, the United Kingdom, and Spain. As a result, the market for Data Center Liquid Immersion Cooling manufacturers as well as the profits of companies operating in these industries both experienced a sharp decline. This had an impact on the market's expansion in 2020. Due to lockdowns and an increase in COVID-19 occurrences globally, end-user business need for Data Center Liquid Immersion Cooling has been severely decreased.

Key Questions Answered in the Data Center Liquid Immersion Cooling Market Report are:

Which market segment accounted for the most percentage of Data Center Liquid Immersion Cooling in 2021?
How competitive is the market environment?
What are the primary factors influencing the Data Center Liquid Immersion Cooling market's growth?
Which region dominates the Data Center Liquid Immersion Cooling market in terms of market share?
What is the expected market CAGR from 2022 to 2029?
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