DUBLIN--(BUSINESS WIRE)--The "North America Data Center Cooling Market to 2027 - Regional Analysis and Forecasts by Cooling Type, Data Center Type, Industry Vertical, Offering, Component" report has been added to ResearchAndMarkets.com's offering.
The North America Data Center Cooling market accounted for US$ 3.19 Bn in 2018 and is expected to grow at a CAGR of 10.9% over the forecast period 2019-2027, to account for US$ 7.97 Bn by 2027.
With the exponential increase in internet consumption, the development of high-end software & application systems and the increase in the number of interconnected devices in public & private network steers an ever-increasing volume of data. The need to store and process this large volume of data has encouraged the companies to adopt advanced storage and processing solutions thus driving the data center.
With the rising adoption, data center has increasingly become a crucial aspect of the modern economy, from the servers that operate in SMEs to the organization data center that support large business corporations and the plantations that run cloud computing services that are hosted by the technology giants including Amazon, Facebook, Google and others. In the wake of globally snowballing digital economy and a data center industry, which is challenged continually with staying ahead of customers' IT roadmaps, different end-users have emerged to distinguish themselves with varying data center requirements.
Rising penetration of connected devices and easy access to internet coupled with decreasing cost of internet services has resulted in up surged demand for data storage worldwide. This is due to increasing demand for big data analytics and cloud-based services, such as online contents including movies, apps, videos and social media. The proportion of data center traffic generated by cloud was around 1.2 zettabytes of data, according to Cisco Systems, and this comprised of 46% of the total traffic.
This has resulted in cloud-based companies to deploy more IT space in their data centers. Several industries are exploring the cloud offerings and discovering the benefits of data center services to support their needs related to cloud. These developments are directly effecting the increase in Internet of Things (IoT) and data needs of the companies, thereby resulting in the construction of large number of data centers across the globe.
Reasons to Buy:
- Highlights key business priorities in order to assist companies to realign their business strategies.
- The key findings and recommendations highlight crucial progressive industry trends in the North America Data Center Cooling market, thereby allowing players to develop effective long term strategies.
- Develop/modify business expansion plans by using substantial growth offering developed and emerging markets.
- Scrutinize in-depth global market trends and outlook coupled with the factors driving the market, as well as those hindering it.
Enhance the decision-making process by understanding the strategies that underpin commercial interest with respect to cooling type, data center type, industry vertical, offering, and component.
Key Topics Covered:
2. Key Takeaways
3. Research Methodology
4. Data Center Cooling - Market Landscape
4.1 Market Overview
4.2 Ecosystem Analysis
4.3 North America - PEST Analysis
4.4 Premium Insights
5. Data Center Cooling Market - Key Industry Dynamics
5.1 Market Drivers
5.1.1 Rapid growth in the number of data centers across the world
5.1.2 Increase in data traffic leading to increase in the demand for effective cooling solutions
5.2 Market Restraints
5.2.1 High Initial Costs
5.3.1 Proliferation of liquid cooling technology
5.4 Future Trends
5.4.1 Integration of advanced technologies and environmentally friendly systems
5.5 Impact Analysis of Drivers and Restraints
6. North America Data Center Cooling Market Analysis - By Cooling Type
6.2 North America Data Center Cooling Market Breakdown, By Cooling Type, 2018 & 2027
6.3 Room-based Cooling
6.4 Rack-based Cooling
6.5 Row-based Cooling
7. North America Data Center Cooling Market Analysis - By Data Center Type
7.2 North America Data Center Cooling Market Breakdown, By Data Center Type, 2018 & 2027
8. North America Data Center Cooling Market Analysis - By Industry Vertical
8.2 North America Data Center Cooling Market Breakdown, By Industry Vertical, 2018 & 2027
8.5 IT & Telecom
8.6 Media & Entertainment
8.8 Government & Defense
9. North America Data Centre Cooling Market - By Offering
10. North America Data Centre Cooling Market - By Components
10.3 Air Conditioning Systems
10.4 Heat Exchangers
10.5 Cooling Towers
10.6 Air Handling Units
11. North America Data Center Cooling Market - Country Analysis
11.1.1 North America Data Center Cooling Market Breakdown, by Key Countries
126.96.36.199 US Data Center Cooling Market Revenue and Forecasts to 2027 (US$ MN)
188.8.131.52 Canada Data Center Cooling Market Revenue and Forecasts to 2027 (US$ MN)
184.108.40.206 Mexico Data Center Cooling Market Revenue and Forecasts to 2027 (US$ Mn)
12. Industry landscape
12.2 Market Initiative
12.3 Merger & Acquisition
12.4 New Product Development
13. Key Company Profiles
13.1 Asetek, Inc.
13.2 Black Box Corporation
13.3 United Technologies Corporation (CARRIER CORPORATION)
13.4 Fujitsu Limited
13.5 Hitachi Ltd.
13.6 Modine Manufacturing Company
13.7 Nortek Air Solutions, LLC
13.8 Rittal GmbH & Co. KG
13.9 Schneider Electric SE
13.10 STULZ GMBH
13.11 Trane (Ingersoll-Rand plc)
13.12 Vertiv Group Corp
For more information about this report visit https://www.researchandmarkets.com/r/3nauzt