NEW YORK, Dec. 19, 2022 /PRNewswire/ — According to Technavio, the global data center liquid immersion cooling market size is estimated to grow by USD 537.54 million from 2023 to 2027. The market is estimated to grow at a CAGR of 22.77% during the forecast period. North America held the largest share of the global market in 2022, and the market in the region is estimated to witness an incremental growth of 38%.
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Data center liquid immersion cooling market – Parent Market Analysis
Technavio categorizes the global data center liquid immersion cooling market as a part of the global internet services and infrastructure market, which covers companies offering IT consulting and system integration services, application services, electronic data processing services, business process outsourcing services, infrastructure services, and Internet services.
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Data center liquid immersion cooling market – Five Forces
The global cloud data warehouse market is fragmented, and the five forces analysis covers–
- Bargaining Power of Buyers
- The threat of New Entrants
- Threat of Rivalry
- Bargaining Power of Suppliers
- Threat of Substitutes
- Interpretation of porter’s five models helps to strategize the business, for entire details – buy the report!
Data center liquid immersion cooling market – Customer Landscape
The report includes the market’s adoption lifecycle, from the innovator’s stage to the laggard’s stage. It focuses on adoption rates in different regions based on penetration. Furthermore, the report also includes key purchase criteria and drivers of price sensitivity to help companies evaluate and develop their growth strategies.
Data center liquid immersion cooling market – Segmentation Assessment
Segment Overview
Technavio has segmented the market based on type, type (large data centers, small, and mid-sized data centers), component (solution and services), and geography (North America, Europe, APAC, South America, and Middle East and Africa).