North American Market Forecast
The data center liquid cooling market in North America, is projected to be the largest market by the end of 2037, registering a growth rate of 35%. The growth of the market can be attributed majorly to the world's largest region for connectivity and cloud the United States. The financial centers of New York and Chicago, as well as the tech centers of the Bay Area (San Francisco), Seattle, and Portland, are among its key markets. In addition to this, there are around 350 providers of hosting and cloud services in the region.
APAC Market Statistics
The Asia Pacific data center liquid cooling market is estimated to grow substantially during the projected period. The growth of the market can be attributed majorly to the rising investment to boost the data center's capacity. The Indian IT ministry intends to provide incentives for data centers under a national policy framework valued at up to USD 1800 million. Moreover, the policy states that over the next five years, the government plans to invest more than USD 36 billion in the ecosystem of data centers.
Author Credits: Abhishek Verma
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