Data Center Cooling Market Share

APAC Market Forecast

The data center cooling market in the Asia Pacific region is predicted to witness the largest revenue share of 33% during the forecast period. The introduction of 5G technologies as well as cutting-edge technologies such as the big data, AL & ML, and digitalization are the factors that are driving the Asia Pacific data centers cooling market. In 2030, 5G will boost the APAC economy by more than USD 133 billion. By 2030, 5G will mostly benefit the services (42%) and manufacturing (34%) sectors of the economy thanks to use cases in smart factories, smart cities, and the smart grid.

North America Market Statistics

In the North American region, the data center cooling market is estimated to hold a noteworthy revenue share during the projection period. Given the presence of tech behemoths like Facebook, Amazon Inc., and Google Inc. in the area, new technology-based solutions are expected to be adopted more maturely. The area is home to a sizable number of data centers that are distinguished by the existence of several IT businesses, opening doors for the data center cooling solutions market in the upcoming times.