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The data center cooling market is projected to grow from USD 9,425 million in 2020 to USD 15,669 million by 2025, at a compounded annual growth rate (CAGR) of 10.7% from 2020 to 2025.
The major reasons for the growth of the data center cooling market include improving efficiency in data centers, rising spending on data centers, significant growth in the number of data centers and their power density, increasing demand for cost-effective data center solutions, and the rising significance of eco-friendly data center solutions. These factors are responsible for driving the demand for the data center cooling market.