The global data centre cooling market is projected to grow from $11.08 billion in 2025 to $24.19 billion by 2032, at a CAGR of 11.8 per cent, according to MarketsandMarkets report.

Growth is driven by rising energy-efficiency awareness and supportive government initiatives. Key solutions include air-conditioning, liquid cooling, and economiser systems.

Major players include Vertiv, Green Revolution Cooling, Submer, Asperitas, and Coolit Systems.

Strategic partnerships, acquisitions, and innovative product launches are expanding capabilities, particularly in sustainable and AI-focused data center cooling solutions.