As service providers and hyperscale providers progress in advancing artificial intelligence, algorithms, 5G networks, and augmented and virtual reality, it is creating a greater demand for data center liquid cooling. According to the latest research by InsightAce Analytic, the global data center liquid cooling market size was valued at $3.56 billion in 2022, and it is expected to reach $31 billion in 2031, recording a promising CAGR of 27.2% during the forecast period of 2023-2031.

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