Explore the latest trends and forecasts in the global immersion cooling market, offering insights into industry size and future growth prospects.
The global immersion cooling market, valued at USD 197.0 million in 2022, is set to grow at a CAGR of 22.6% from 2023 to 2030. This growth is fueled by the rising demand for cost-efficient and energy-efficient cooling solutions, particularly in data centers. Despite challenges posed by the COVID-19 pandemic, including strict lockdowns and disruptions in data center operations, the market is expected to witness significant expansion due to increased demand driven by remote work trends and e-commerce growth.
