Data Center Cooling Market (Cooling Towers & Management Systems) Worth $8.07 Billion by 2018 - Report by MarketsandMarkets
(PR Web Via Acquire Media NewsEdge) (PRWEB) May 03, 2014
The report "Data Center Cooling Market [Solutions (AC, Chillers, Economizers, Cooling Towers, Management Systems), User Types (Cloud, Colocation, Enterprises), Services, Green Data Centers] - Global Advancements, Worldwide Forecasts & Analysis 2018", defines and segments the data center cooling market into various segments with an in-depth analysis and forecasting of revenues. This research report also identifies the factors driving this market, various restraints, challenges and opportunities impacting it along with the future roadmaps.
Browse 90 market data tables and 82 figures spread through 218 pages and in-depth TOC on "Data Center Cooling Market - Global Advancements, Worldwide Forecasts & Analysis - 2018".
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MarketsandMarkets broadly segments the Data Center Cooling market by cooling solutions: air conditioning, chillers, economizers, cooling towers, cooling solutions for servers/racks, management systems and other solutions; by services being offered: system integration, monitoring services, professional services; by industry verticals: Banking & Financial Services and Insurance (BFSI), telecom and IT, oil and gas, healthcare, government and public and other verticals; by type of users: cloud providers, colocation providers and enterprises; and by regions: North America (NA), Europe (EU), Asia Pacific (APAC), Middle East and Africa (MEA) and Latin America (LA).
In the present scenario, data center managers have to sustain within strict infrastructure budgets, in order to attain profitability for company. With enormous increase in the demand for data centers, power consumption associated with them is also rising, thus creating a critical demand for low power consuming cooling techniques. Also, with swift advancements in technology, tremendous changes in the infrastructure spending are seen. With advanced data center cooling systems, the power consumption can be reduced, which in turn will lower the operational cost of running a data center.
MarketsandMarkets expects the Data Cooling market to grow $8.07 Billion by 2018. This represents a Compound Annual Growth Rate (CAGR) of 10.4% during the forecasted period. MarketsandMarkets expects Asia Pacific to hold the largest market for Data Center Cooling, in terms of geographical regions and over the next five years, it is expected to continue this pace.
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