Global Data Center Liquid Immersion Cooling Market to be Worth US$ 5.03 Billion by 2026 – Coherent Market Insights

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SEATTLE, June 13, 2018 (GLOBE NEWSWIRE) -- The global data center liquid immersion cooling market was valued at US$ 297.6 million in 2017 and is projected to exhibit a CAGR of 35.3% over the forecast period (2018–2026).

Increasing investment in data center infrastructure is a major factor aiding in growth of the market, globally. For instance, in 2017, NTT Communications Corporation, a Japan-based telecommunication company, announced to launch international data network services in India. For this, the company is expected to invest US$ 160 million to setup two data centers in India (Mumbai and Bangalore). Similarly, in January 2018, Apple Inc.—a U.S.-based company— announced investment of over US$ 10 billion on data centers over the next five years i.e. 2022 in the U.S. In addition to this, rising number of hyper spectral data centers have also accelerated demand for data center liquid immersion cooling, globally. For instance, according to Coherent Market Insights’ analysis, in 2016, there were 338 hyper scale data centers up from 259 in 2015 and is projected to reach 628 hyper scale data centers by 2021. Furthermore, hyper scale data centers accounted for 39% of the total data center traffic in 2016 and is projected to reach 55% by 2021.

Mr. Shah Coherent Market Insights 1001 4th Ave.  #3200  Seattle, WA 98154 Tel: +1-206-701-6702 Email: 

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Globe Newswire: 15:00 GMT Wednesday 13th June 2018

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