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The data center precision air conditioning (AC) market size is forecast to increase by USD 1.41 billion, at a CAGR of 9.75% between 2023 and 2028. Market growth in the data center sector is driven by several key factors such as the rapid expansion of data center construction, heightened emphasis on reducing operational expenses (OPEX), and growing demand for efficient cooling solutions. The surge in data center construction underscores the escalating demand for digital storage and processing capabilities, driven by the proliferation of cloud computing and digital transformation initiatives across industries. Simultaneously, there is a pressing need to optimize OPEX, prompting investments in energy-efficient technologies, automation, and scalable infrastructure solutions. Additionally, the rising demand for effective cooling solutions addresses the challenge of maintaining optimal operating conditions while minimizing energy consumption and environmental impact. These trends collectively propel market growth by fostering innovation in facility design, management practices, and sustainability initiatives within the data center industry, catering to evolving technological requirements and environmental considerations. Our report examines historic data from 2018 to 2022, besides analyzing the current market scenario.
Market Forecast 2024-2028
1 Executive Summary
2 Market Landscape
3 Market Sizing
4 Historic Market Size
5 Five Forces Analysis
6 Market Segmentation by Deployment
7 Market Segmentation by Product
8 Customer Landscape
9 Geographic Landscape
10 Drivers, Challenges, and Trends
11 Vendor Landscape
12 Vendor Analysis
13 Appendix
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