DUBLIN--(BUSINESS WIRE)--Research and Markets has announced the addition of the "South America Data Center Cooling Market - Forecasts from 2016 to 2021" report to their offering.
South America Data Center Cooling Market is estimated to grow from US$0.140 billion in 2015 to US$0.236 billion by 2021, at a CAGR of 9.16% over the forecast period.
Growing digitization has led to the setting up of cloud-based data management companies, leading to high demand for data center cooling systems in South America.
Growing cloud-based BFSI applications in countries such as Brazil is further augmenting the demand for data center cooling systems in order to reduce transaction time and control of periodic peak load. According to World Bank Report 2014, Brazil is the second-largest country among emerging IT markets after China. Moreover, growing data center outsourcing services in the country will bolster the growth of South America Data Center Cooling market in the coming years.
Key five industry participants profiled as part of this section are IBM, Fujitsu, Emerson, HP, and Eaton.
For more information about this report visit http://www.researchandmarkets.com/research/p8fpkp/south_america.