The Global Data Center Cooling Market size was valued at USD 12.35 billion in 2023 and is estimated to grow at a CAGR of around 13.8% during the forecast period, i.e., 2024-30. The upward trajectory of the data center cooling industry is driven by a surge in the creation and consumption of data worldwide. The proliferation of bandwidth-heavy applications, cloud computing models, and Internet-of-Things (IoT) devices has led to heightened workloads for data centers, spurring demand for cutting-edge cooling solutions that deliver optimal performance while minimizing energy usage without damaging the environment.
Global Data Center Cooling Market size was valued at USD 12.35 billion in 2023 – MarkNtel