Immersion Cooling In Data Centers - Industry Trends, Statistics and Growth Forecasts 2019-2029 [Yahoo! Finance]
FUJITSU LTD UNSP/ADR (FJTSY)
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Source: Yahoo! Finance
Dublin, March 13, 2024 (GLOBE NEWSWIRE) -- The "Immersion Cooling In Data Centers - Market Share Analysis, Industry Trends & Statistics, Growth Forecasts 2019-2029" report has been added to ResearchAndMarkets.com's offering. The Immersion Cooling Market in Data Centers Industry is expected to grow from USD 0.78 billion in 2024 to USD 2.34 billion by 2029, at a CAGR of 24.42% during the forecast period (2024-2029). Dealing with high-density power consumption drives the market, as many industry estimates put cooling costs at around 40% of the data center's energy consumption. The immersion cooling is able to reduce the data center's energy usage by over 60%. It was identified that 38% of the electricity needed in data centers equipped with traditional air-based cooling technologies is utilized to cool the electronic components. Liquid cooling is another commonly used method for heat management in data centers, alongside air cooling. However, liquid cooling is considered more bene
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