Data Center Liquid Cooling Market to Grow at 16% CAGR to 2020
Product segments include air conditioners, economizers, cooling towers
LONDON — The global data center liquid cooling market is forecast to grow at a compound annual growth rate (CAGR) of almost 16 percent from 2016 to 2020, according to the latest market study released by Technavio.
“Data center operators are building data center facilities that can deliver high efficiency and reduce power consumption. Cooling solutions have become an integral part of data centers. Liquid-based cooling that uses water as a medium to cool the data center along with liquid-immersion cooling solutions has proven to be efficient in terms of growing rack power density and energy consumption as compared to air-based cooling,” said Abhishek Sharma, a lead analyst at Technavio for data center research.