Immersion Cooling Business Research Report 2024: Global Market to Reach $2.2 Billion by 2030, Driven by Demand from Data Centers, High Electricity Costs and Sustainable Operations [Yahoo! ...
FUJITSU LTD UNSP/ADR (FJTSY)
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Company Research
Source: Yahoo! Finance
The global market for Immersion Cooling was estimated at US$585.7 Million in 2023 and is projected to reach US$2.2 Billion by 2030, growing at a CAGR of 20.6% from 2023 to 2030. This comprehensive report provides an in-depth analysis of market trends, drivers, and forecasts, helping you make informed business decisions. What Factors Are Driving the Growth in the Immersion Cooling Market? The growth in the immersion cooling market is driven by several factors, including the increasing demand for energy-efficient cooling solutions in data centers, the rising cost of electricity, and the need for more sustainable operations in the tech industry. As power densities in data centers continue to rise, traditional air-based cooling systems are becoming less effective and more expensive to operate. Immersion cooling, with its superior heat dissipation and lower energy consumption, is emerging as a critical solution to these challenges. Additionally, the growth of cloud computing, AI, an
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