Global Data Center Liquid Cooling Pumps & Sensors Market Trends and Outlook
Global data center liquid cooling pumps & sensors market size and growth is predicted to rise from nearly USD 3 billion in 2022 to nearly USD 7 billion by 2028, at an approx CAGR of 25% during review duration. The effective growth in the requirement for energy-efficient data centers, attached to forthcoming strategic investments, is predicted to open up opportunities for future amplification. Different market entities in the managed and cloud service provider segment are efficiently strategizing enlargements during the forthcoming period to address the growing requirement. In addition, there is a perceptible growth in interest within the hyper-scale in the industry of data centers.
The increment in IT infrastructure investment provoked by the pandemic is flagging the manner for the enlargement of both present and novel data center establishments around the globe. Moreover, the global data center liquid cooling pumps & sensors market demand is fostered by software-driven data centers that develop automation. The pandemic-induced force toward digital transformation has additionally delicate the compulsory for building data center amenities that embody scalability, adaptableness, and preventiveness. Therefore, as investments in novel data center amenities witness an increment, the global data center liquid cooling pumps & sensors market segmentation is predicted to witness an auspicious outlook.
Global data center liquid cooling pumps & sensors market driving factors and challenges
Regional Global Data Center Liquid Cooling Pumps & Sensors Market Growth & Size Dynamics:
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