Immersion Cooling Market Foreseen to Grow Exponentially by 2030
The immersion cooling market is projected to grow from USD 302 million in 2022 to USD 1,710 million by 2030, at a CAGR of 24.2% from 2022 to 2030. Immersion cooling solutions is used for cooling data centers and to reduce the cooling energy consumption. This subsequently reduces the overall power consumption by data centers, leading to a low carbon footprint. These advantages are expected to drive...
Immersion Cooling Market Global Industry New Revenue Insights & Forecast by 2019-2024
The Immersion Cooling Market is projected to grow from USD 177 million in 2019 to USD 501 million by 2024, at a CAGR of 23.2% from 2019 to 2024. Increasing server rack density & chip density, new IT use cases including harsh edge computing environments, and pressure to reduce energy consumption in data center cooling is expected to drive the immersion cooling market over the next few years.
Changing...