The global Immersion Cooling Market is projected to grow from USD 0.4 billion in 2023 to USD 2.1 billion by 2031, at a CAGR of 24.1% from 2023 to 2031, as per the recent study by MarketsandMarkets™. The increasing need for more efficient and growing demand for a compact and noise-free solution is expected to fuel the growth of immersion cooling market.
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The immersion cooling market is projected to grow from USD 0.4 billion in 2023 to USD 2.1 billion by 2031, at a CAGR of 24.1% from 2023 to 2031. Immersion cooling solutions is used for cooling data centers and to reduce the cooling energy consumption. This subsequently reduces the overall power consumption by data centers, leading to a low carbon footprint. These advantages are expected to...