The immersion cooling industry has generated $258.6 million revenue, and it is projected to capture $1,855.1 million revenue in 2030, rising at a rate of 24.5% from 2021 to 2030.
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The rising penetration of data centers, large amounts of data generation, and quick usage of cloud services are major factors to propel the industry growth. Furthermore, the burgeoning internet users, growing smartphone penetration, increasing usage of social media, and growing focus of organizations to shift from server room environments to data centers are major industry drivers.
The single-phase category holds a larger industry share, of approx. 70%. It is attributed to various benefits provided by this technique to users. For instance, single-phase immersion cooling systems are energy efficient, easy to use, cost-efficient, and possess low-maintenance costs with an average life of 15 years. All such factors, fuel the demand for immersion cooling systems in data centers. It is substantially higher and hence leads the industry.
The data center infrastructure and IT equipment are experiencing a major rise in temperature due to the growing adoption of advanced technologies. Data centers are focusing on strategic methods to keep the equipment cool with reduced environmental impact and enhance computing capacity.
North America holds the largest industry share, of 40%. It is ascribed to major investments in research & development in the region and results in the development of highly efficient and technologically advanced next-generation facilities for power administration.
Therefore, high volumetric data generation propels the immersion cooling industry.
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