Data Center Cooling Market Size, Share, Growth Analysis, By Solution(Air Conditioning, Precision Air Conditioners, Chilling Units, Cooling Towers), By Services(Consulting, Installation & Deployment, and Maintenance & Support), By End-Use(BFSI, IT & Telecom, Research & Academic, Government & Defense), By Cooling(Rack/Row-Based Cooling, and Room-Based Cooling), By Data Center Type(Mid-sized Data Centers, Enterprise Data Centers, and Large Data Centers), By Tier Level (Tier 1, Tier 2, Tier 3, and Tier 4), By Enterprise Size(Large Enterprise, Small & Medium Enterprises), By Region - Industry Forecast 2025-2032

Global Data Center Cooling Market size was valued at USD 13.56 Billion in 2022 and is poised to grow from USD 16.35 Billion in 2023 to USD 56.03 Billion by 2031, growing at a CAGR of 16.21% during the forecast period (2024-2031).

The competitive landscape of the global data center cooling market is dominated by a mix of established tech giants and emerging players. Key players lead the market with extensive global networks, advanced technologies, and substantial financial resources. Equinix, a global leader in data center and colocation services, partnered with Google Cloud to enhance hybrid cloud solutions. This collaboration allows customers to seamlessly connect their on-premises infrastructure with Google Cloud’s services, offering increased flexibility and scalability. The partnership leverages Equinix’s extensive global data center network to provide low-latency connections and improved performance for Google Cloud users. 'Schneider Electric SE (France) ', 'Vertiv Co. (US) ', 'Eaton Corporation plc (Ireland) ', 'Rittal GmbH & Co. KG (Germany) ', 'STULZ GmbH (Germany) ', 'Asetek A/S (Denmark) ', 'Coolcentric (US) ', 'ClimateWorx International Inc. (Canada) ', 'Delta Electronics Inc. (Taiwan) ', 'Fujitsu Limited (Japan) ', 'Hewlett Packard Enterprise Development LP (US) ', 'IBM Corporation (US) ', 'Johnson Controls International plc (Ireland) ', 'Mitsubishi Electric Corporation (Japan) ', 'Nortek Air Solutions LLC (US) ', 'Trane Technologies plc (Ireland) ', 'Vigilent Corporation (US) ', 'Lenovo Group Limited (China) ', 'Huawei Technologies Co., Ltd. (China) ', 'CommScope Holding Company, Inc. (US) ', 'Munters Group AB (Sweden) ', 'Emerson Electric Co. (US) '

Increasing demands for data storage and processing, driven by expanded cloud computing, big data analytics, and digital transformation, are driving the need for multiple data centers. Projects and customers generate and consume large amounts of data, requiring large amounts of data processing central capacity. 

Rise in the Edge Computing Growth: The rise of edge computing is changing the data center landscape. Since tasks and applications require faster data processing and lower latency, edge computing brings data processing closer to the data source. This trend is driving smaller distributed data centers alongside larger traditional data centers and provides efficient and real -time data processing. 

In 2023, North America led the global demand for data center cooling solutions and is expected to grow at an estimated CAGR of over 12.0% from 2024 to 2031. Facebook, Amazon Inc., and Google Inc. including data centers in this region, marked by the presence of numerous IT companies, which have developed strategies for the data center cooling solutions industry thus boosting the growth of the market in North America. Several large data center operators' technologies in North America, driven by rapid adoption of cloud services, increased data traffic and technological advances. There are also companies contributing to the demand for advanced cooling agents. Moreover, stringent regulations on energy efficiency and environmental sustainability are fueling the adoption of new cooling technologies in the region.