Immersion Cooling Market Size

Immersion Cooling Market size was over USD 2.07 billion in 2024 and is poised to reach USD 44.64 billion by the end of 2037, witnessing around 26.4% CAGR during the forecast period i.e., between 2025-2037. In the year 2025, the industry size of immersion cooling is assessed at USD 2.51 billion..

The market growth is attributed to the rising adoption of digital technology by people across the world owing to the growing number of network connections. The increasing demand for the internet around the world for various activities with enhancing online shopping and online payments is expected to propel the market expansion. The global internet traffic as of 2021 was over 20% and the amount of energy consumed by data transmission centers in 2021 was over 250-330 TWh.

Further, the increasing usage of electronics everywhere by people which include smartphones, laptops, television, computers, and other electronic devices is anticipated to influence the immersion cooling market growth in a positive way. The growing installation of transformers with the rise in high-performance data centers is propelling the market size. Also, the research and development in telecommunication to reduce energy consumption and loss of batteries constantly owing to constant heat generation are estimated to drive the market growth.