Data centers are physical or virtual infrastructure, which consist of servers and related components comprising of hardware equipment and networking devices. Data centers are used by companies for remote storage, distribution, and processing of large databases. The processors generate excessive heat that can damage the system and cause interrupted flow of information and data loss. A cool environment is essential for effective functioning of the data centers. Cooling systems maintain optimum temperature in the data centers. They maintain humidity in the data centers.
According to Infoholic Research, the Global Data Center Cooling Market is expected to grow at a CAGR of XX% during the forecast period 2017-2023. The growth of the global data center cooling market is fueled by the need to improve overall efficiency in the data centers, emerging data centers in the tropical and temperate zones, exponential growth of structured and unstructured data, the need to reduce excessive heat generated due to the increased data center power densities, and the increased demand for eco-friendly and cost-effective data centers. Excessive power consumption is a major restraining factor in the data center cooling market as cooling systems consume almost 40% of the electricity that is supplied to the data centers. The global data center cooling market has been segmented and analyzed by solutions, components, service, end-users, verticals, and geography.
The study offers a comprehensive analysis of the global data center cooling market. Bringing out the complete key insights of the industry, the report aims to provide an opportunity for players to understand the latest trends, current market scenario, government initiatives, and technologies related to the market. In addition, it helps the venture capitalists in understanding the companies better and take informed decisions.