Published Date: 2022-07-18
Request a sample
European Data Center Liquid Cooling Market size is predicted to cross USD 3 billion by 2028, according to a latest forecast report by Graphical Research.
Constructing and maintaining a data center are challenging for ITeS businesses that have budgetary constraints. Small and medium-sized enterprises have limited data storage requirements, making data center colocation a popular choice amongst these businesses. Constructing a new data center also drains the company’s finance, time, and labor cost due to the market demand. Colocation vendors provide improved maintenance and services to businesses to maximize their productivity. As the demand for compute-heavy workloads and racks increases in colocation data centers, the industry preference will shift from air to liquid-based cooling systems. Liquid cooling solutions aid colocation service providers in reducing their capital & operational expenditures and obtaining efficient data center operations.
The data center liquid cooling industry witnessed a temporary slowdown in the first half of 2020 owing to supply chain disruptions induced by government-imposed stringent lockdowns. Corporate enterprises began to embrace remote working methods while educational institutions used technologies such as e-learning and digital collaboration, leading to the collection of massive data. This factor increased the demand for data center liquid cooling, utilized in the healthcare and IT & telecom sectors, assisting in market stabilization in the second half of 2020. The industry growth is due to supportive government programs to promote digitalization in various industries, necessitating strong heat management systems. The market is anticipated to grow in 2022 due to the increasing adoption of digital payment solutions, demanding effective cooling technology in a data center infrastructure.
The market share of service providers is increasing as they are focused on enhancing their customer business operations by effective management of IT devices. These companies help their clients to plan and design their infrastructure packages, which include software, hardware, and connectivity. They provide consulting services to clients that entail studying the business size & IT requirements to predict the optimum data center model to enhance business operability. Market participants, such as Schneider Electric SE and Vertiv, Co., offer various tailored solutions based on business operations and specific applications. Some of the major consulting services provided by the companies include reviewing data center cooling, power & security requirements, and evaluating the cost of electrical power devices.
Browse detailed statistical insights from the report, “Europe Data Center Liquid Cooling Market Forecast 2028 By Component (Solution [Direct-to-Chip, Immersive {IT Chassis, Tub/Open Bath}], Services [Managed, Professional]), By End-use (Enterprise [BFSI, Retail & E-commerce, Government, Healthcare, Manufacturing, IT Enabled Services (ITeS)], Telecom Service Providers, Cloud Service Providers), Research Report, COVID-19 Impact Statistics, Country Outlook, Price Trends, Historic Data, Growth Prospects, Competitive Industry Share” along with the table of contents (ToC) @
https://www.graphicalresearch.com/industry-insights/2146/europe-data-center-liquid-cooling-market
The government administrations collect and maintain large amounts of sensitive & confidential data, which must be protected and managed against data theft & loss. This will increase the demand for data center liquid cooling solutions that facilitate high-speed data storage and processing with optimum heat dissipation. Government organizations use digital technologies, such as digital ID cards and biometrics, to streamline various operations. For instance, in April 2022, the Government of France announced a new system for providing digital identity cards through smartphones. This software verifies a personal identity for accessing both public & private-sector services and scans individuals' biometric identity cards using the smartphone's NFC scanner.
The data center liquid cooling in European market research report includes in-depth coverage of the industry with estimates & forecast in terms of revenue in USD from 2017 to 2028 for the following segments:
Europe Market, By Component
Europe Market, By End-use
The above information has been provided for the following countries:
The great explorer of the truth, the master-builder of human happiness no one rejects dislikes avoids pleasure itself because it is pleasure but because know who do not those how to pursue pleasures rationally encounter consequences that are extremely painful desires to obtain.
Read More