DUBLIN, July 28, 2015 /PRNewswire/ -- Research and Markets (http://www.researchandmarkets.com/research/59rmx5/data_center) has announced the addition of the "Data Center Cooling Market by Solution (AC, Chiller, Economizer, & Other), Service (System Integration, Monitoring & Professional), User Type (Cloud, Colocation Providers & Enterprise), Vertical: Global Forecast to 2020" report to their offering.
The data center cooling market to grow from $6.26 Billion in 2015 to $11.85 Billion in 2020, at a Compound Annual Growth Rate (CAGR) of 13.6%.
With the increase in technology deployments in organizations, the demand for storing data in data centers has increased. Data centers are very crucial for the smooth functioning of any process in the organization. With the growing importance to reduce carbon emissions, many organizations are focusing on improving the cooling technology deployed in the premises. The efficient cooling technology helps in reducing the overall cost of operation, thereby improving revenues of the organization.
With the deployment of professional assessment technique, the data center service provider can identify critical hotspots, air flow, and level of emissions in the existing room, thereby improving the level of efficiency and reducing energy consumption. The process of detecting incompetence in the data center helps enhance the existing cooling capacity, and reduces the cost of deploying new technology.
It is estimated that cooling contributes to 50% of total data center power consumption; thus, it is strictly required to reduce the cost associated with power consumption in the cooling of data centers. Therefore, with the increasing need of operational cost reduction across various industry verticals, data center managers are forced to implement cost-effective and efficient data center cooling technologies, which can being down the energy consumption by 70%.
The data center cooling market is thriving and in the coming years, it is expected present huge potential opportunity to various cooling equipment manufacturers, cooling solution providers, and cooling services providers. In this research report, the market has been segmented into solutions and service segments, across various geographical regions such as North America, Europe, APAC, the MEA, and Latin America. Also, the market has been segmented into diverse industry verticals including telecom and IT, Banking, Financial Services, and Insurance (BFSI), healthcare, government, oil and gas, and other verticals. In terms of type of users, the market has been segmented into cloud providers, colocation providers, and enterprises.
The data center cooling market research report outlines the key trends, and market sizing and forecasting for various emerging sub segments of the market. The report also emphasizes on key global adoption trends, future growth potential submarkets, key drivers, competitive outlook, restraints, and opportunities of optical network market ecosystem. It also provides insights into the current and future revenues of market from 2015 to 2020.
Key Topics Covered:
2 Research Methodology
3 Executive Summary
4 Premium Insights
5 Market Overview
6 Industry Trends
7 Data Center Cooling Market Analysis, By Solution
8 Data Center Cooling Market Analysis, By Type Of Cooling
9 Data Center Cooling Market Analysis, By Service
10 Data Center Cooling Market Analysis, By User Type
11 Data Center Cooling Market Analysis, By Vertical
12 Geographic Analysis
13 Competitive Landscape
14 Company Profiles
- Adaptivcool - Airedale International Air Conditioning Ltd. - Black Box Corporation - Coolcentric - Emerson - Itaire, Inc. - Rittal GMBH & Co. Kg - Schneider Electric Se - Stulz Gmbh - Vigilent Corporation
For more information visit http://www.researchandmarkets.com/research/59rmx5/data_center
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SOURCE Research and Markets