The immersion cooling market is witnessing growth and is projected to reach USD 1,855.1 million by 2030. The growth in the count of data centers, the making of huge quantity of information, and the fast utilization of cloud services are the major reasons propelling the industry development. Additionally, the growing count of internet operators, increasing smartphone usage, rising utilization of social media, and rising concentration of establishments to shift to data centers from server room situations are other vital industry drivers.
In recent years, the single-phase category had a larger share, of approximately 70%, in the immersion cooling industry revenue. This can be credited to the numerous advantages provided by this method to users.
Browse detailed report – Immersion Cooling Market Analysis and Demand Forecast Report
In recent years, the North American industry generated the largest revenue share, of approximately 40%, worldwide. This is credited to the significant expenditure in research and development in the continent, which is leading to the growth of next-gene amenities that are more effective and technically progressive in terms of power administration. The continent is also house to a huge count of developers of data centers, which is projected to have an optimistic effect on the development of the industry.
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