Global Immersion Cooling in Data Centers Market Outlook for 2022-2028

As per Triton's research report, the global immersion cooling data centers market accumulated $320.40 million in 2021, and is estimated to rise at a CAGR of 16.24% by 2028.

A recent study by Triton Market Research titled 'Global Immersion Cooling in Data Centers Market,' covers the Global Analysis and Forecasts by Verticals {Retail, Manufacturing, Healthcare, Government & Public Sector, BFSI (Banking, Financial Services & Insurance), IT & Telecom, Other Verticals}, by Product Type {Single-phase Immersion Cooling System, Two-phase Immersion Cooling System}, by End-user {Colocation Data Centers, Enterprise Data Centers, Hyperscale Data Centers, Other End-users}, and by geography (North America, Europe, Asia-Pacific, Latin America, and Middle East & Africa).

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Triton's market report highlights that the global immersion cooling in data centers market is likely to witness growth at a CAGR of 16.24% during the forecasting years 2022-2028. Additionally, it is estimated to gain revenue worth $823.77 million by 2028.

A new generation of edge micro data centers has emerged to cater to the pressing need for minimizing latency. With the rapid development of edge computing, immersion cooling systems are being used widely to sustain heavy workloads in smaller places where standard cooling techniques are not viable or accessible. These systems significantly aid in reducing the energy consumption at edge computing sites. Therefore, the rising number of edge data centers is driving the growth of the immersion cooling in data centers market.

On the other hand, immersion cooling systems demand a larger space on data center floors compared to other alternatives. This is because their racks lay horizontally rather than vertically. This acts as a major deterrent in the adoption of immersion cooling systems, and is restraining the market's growth.

The market for immersion cooling in data centers market is branched mainly into verticals, product type, and end-users. Based on verticals, it is categorized into retail, manufacturing, healthcare, government & public sector, BFSI (banking, financial services & insurance), IT & Telecom, and other verticals. Based on product type, it is categorized into single-phase immersion cooling system and two-phase immersion cooling system. Lastly, on the basis of end-users, it is classified into colocation data centers, enterprise data centers, hyperscale data centers, and other end-users.

Europe is estimated to exhibit the fastest growth rate in the global market over the forecasted period. This growth can be attributed to the booming data centers in various countries here, such as the United Kingdom, Germany, Ireland, the Netherlands, and Nordic countries, among others. With the developments in AI technology and the growing adoption of cloud strategies by several countries in the region, the demand for data centers has heightened. This has translated into an increase in the demand for immersion cooling systems in these centers, which is driving the growth of the considered market.

Midas Immersion Cooling, Usystems Limited, Stulz GmbH, GRC Green Revolution Cooling, Iceotope Technologies Limited, DUG Technology, LiquidStack, Liquidcool Solutions, DCX The Liquid Cooling Company, Vertiv Group Corporation, Fujitsu, Exascalar Inc, Submer, Schneider Electric, Wiwynn, and Asperitas are some of the leading companies engaged in the global immersion cooling in data centers market.

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Question & Answer: Immersion Cooling in Data Centers Market

Question 1: What is driving the growth of the immersion cooling in data centers market?

Answer: A new generation of edge micro data centers has emerged to cater to the pressing need for minimizing latency. With the rapid development of edge computing, immersion cooling systems are being used widely to sustain heavy workloads in smaller places where standard cooling techniques are not viable or accessible. These systems significantly aid in reducing the energy consumption at edge computing sites. Therefore, the rising number of edge data centers is driving the growth of the immersion cooling in data centers market.

Question 2: What is restraining the market's growth?

Answer: Immersion cooling systems demand a larger space on data center floors compared to other alternatives. This is because their racks lay horizontally rather than vertically. This acts as a major deterrent in the adoption of immersion cooling systems, and is restraining the market's growth.

Question 3: Which region is estimated to exhibit the fastest growth rate in the global market?

Answer: Europe is estimated to exhibit the fastest growth rate in the global market over the forecasted period. This growth can be attributed to the booming data centers in various countries here, such as the United Kingdom, Germany, Ireland, the Netherlands, and Nordic countries, among others.

With the developments in AI technology and the growing adoption of cloud strategies by several countries in the region, the demand for data centers has heightened. This has translated into an increase in the demand for immersion cooling systems in these centers, which is driving the growth of the considered market.

Question 4: Which are some of the leading companies engaged in the global immersion cooling in data centers market?

Answer: Midas Immersion Cooling, Usystems Limited, Stulz GmbH, GRC Green Revolution Cooling, Iceotope Technologies Limited, DUG Technology, LiquidStack, Liquidcool Solutions, DCX The Liquid Cooling Company, Vertiv Group Corporation, Fujitsu, Exascalar Inc, Submer, Schneider Electric, Wiwynn, and Asperitas are some of the leading companies engaged in the global immersion cooling in data centers market.

Related Report:

Global Hyperconverged Infrastructure Market - https://www.tritonmarketresearch.com/reports/hyperconverged-infrastructure-market

The global hyperconverged infrastructure market is estimated to rise at a CAGR of 23.73% in the period 2021-2028, accumulating $30363.25 million worth of revenue by 2028.

Traditional data center infrastructure has been witnessing a declining demand as it needs more physical space and is very costly. And with the emergence of converged infrastructure platforms, the process of integration has simplified, and has enhanced the scalability of business processes.

Globally, the adoption of converged infrastructure platforms is expected to rise rapidly compared to traditional solutions, as they are easier to manage and do not require exceptional skillsets for operation.

In addition, leading infrastructure providers like Dell, HPE, Cisco, IBM, VMware, Huawei, and Nutanix are also offering hyperconverged infrastructure platforms that combine hardware, management, and virtualization tools. All these factors depict an overall positive outlook for the global hyperconverged infrastructure market.

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