Immersion Cooling Market Analysis by Top Companies, Driver, Existing Trends and Global Forecast by 2026
The immersion cooling market is projected to grow from USD 243 million in 2021 to USD 700 million by 2026, at a CAGR of 23.6% from 2021 to 2026. Growing density of servers, new IT use cases including harsh edge computing environments, and pressure to reduce energy consumption in data center cooling is expected to drive the immersion cooling market over the next few years. Changing IT equipment technology has always driven the development of new infrastructure solutions. Although liquid cooling has been deployed for several years in mainframes and high-performance computing (HPC), the emergence of today’s technologies such as cloud, IoT, AI, cryptocurrency mining, and edge applications are once again resulting in IT technology changes, which is forcing a renewed look at liquid cooling specifically immersion cooling and the development of new technologies. Increasing focus on data center energy efficiency and sustainability is also placing an increased pressure on the d...