Growing Demand for Data Centers Will Expand Data Center Cooling Market
A considerable increase in the number of new facilities is expected in the near future
LONDON — The global data center precision air conditioning market is forecast to grow at a compound annual growth rate (CAGR) of nearly 14 percent from 2015 to 2019, according to a new report published by Technavio.
The new industry analysis draws attention towards enterprise use of cloud-based services and data analytics, which has fueled global demand for data centers. A considerable increase in the number of new facilities is expected in the near future, and many data centers are being renovated to include advanced precision air conditioners.