Data Center Liquid Cooling Market Trends

Growth Drivers

• Rising Adoption of Advanced Technologies - The productivity of data centers can be increased by automating numerous tasks utilizing Al-based robots. Data centers may function more sustainably thanks to cutting-edge technologies like Al and ML, both financially and environmentally. Al is used by around 37% of companies and organizations across the globe. Moreover, nearly 15% of prominent firms use Al capabilities in their work, while about nine out of ten have invested in Al technologies.
• Increasing Prevalence of Digitization - The Rollout of a 5G network along with rapidly growing digitization are projected to boost the numbers of the data center all across the world. In the last two decades, digital technologies have transformed civilizations and reached almost 50% of the global population in the developing world according to the United Nations. It is moving faster than any other innovation in human history.
• Growing Use of Cloud Services - Migration to cloud services has increased the investment in data centers. Moreover, data centers can spend less on infrastructure and gain manageability by utilizing a hybrid cloud strategy. As per a survey, in 2021 almost 90% of global respondents said their companies are adopting the cloud. Compared to 88% last year, there has been a slight increase.

Challenges

• Risk of Liquid Leaking - The leakage of liquid is a primary concern for IT experts, particularly in the case where direct-to-chip cooling is been used. Moreover, the leak of the liquid has a catastrophic impact on the hardware. Therefore, the risk of damaging the system is likely to hamper the market growth.
• Shortage of Liquid Cooling Material
• Using Liquid Cooling is Expensive as it Needs Specific Infrastructure