Press Release / Web sites / Internet / Data Center Liquid Cooling Market by Type of Solution
Data Center Liquid Cooling Market by Type of Solution
By webkp007 on November 25 2016 | 65 Views
The data center liquid cooling market size is estimated to grow from USD 827.8 Million in 2016 to USD 2969.8 Million by 2021, at a Compound Annual Growth Rate (CAGR) of 29.11%. Major growth drivers of
The data center liquid cooling market size is estimated to grow from USD 827.8 Million in 2016 to USD 2969.8 Million by 2021, at a Compound Annual Growth Rate (CAGR) of 29.11%. Major growth drivers of this market include increasing server rack density, increasing need for cost-effective cooling solutions, growing need for eco-friendly data center solutions, and availability of advanced coolants. In this study, 2015 has been considered as the base year and 2016-2021 as the forecast period.
Objectives of the Study:
The main objective of this report is to define, describe, and forecast the global data center liquid cooling market on the basis of type of cooling solutions, services, data centers, industries, and regions. The report provides detailed information regarding the major factors influencing the growth of the market (drivers, restraints, opportunities, and industry-specific challenges). The report aims to strategically analyze micromarkets with respect to individual growth trends, future prospects, and contributions to the total market. The report attempts to forecast the market size with respect to five main regions, namely, North America, Europe, Asia-Pacific (APAC), the Middle East & Africa (MEA), and Latin America. The report strategically profiles key players and comprehensively analyzes their core competencies. This report also tracks and analyzes competitive developments such as joint ventures, mergers & acquisitions, new product developments, and research & development activities in the market.
The research methodology used to estimate and forecast the data center liquid cooling market begins with capturing data on key vendors revenues through a secondary research. The vendor offerings are also taken into consideration to determine the market segmentation. The bottom-up procedure was employed to arrive at the overall market size of the global market from the revenue of the key players in the market. After arriving at the overall market size, the total market was split into several segments and subsegments, which were then verified through primary research by conducting extensive interviews with key people, such as CEOs, VPs, directors, and executives. The data triangulation and market breakdown procedures were employed to complete the overall market engineering process and to arrive at the exact statistics for all segments and subsegments. The breakdown of primary profiles is depicted in the figure below:
| Latest Exclusive Press Release