ReleaseWire Connect

Global data center cooling market is set to surpass USD 20 billion by 2024. This growth is accredited to the rising sum of data centers worldwide to manage the enormous amount of data generated from various industries. The cooling equipment helps in removing excessive heat from the facility which is generated by the different IT equipment delivering a functionable environment. The penetration of advanced cooling technologies such as liquid cooling solutions and hot/cold aisles will also offer opportunities to the industry. Furthermore, the increase in the unpredictable scaling capacities of the facility also demand an efficient cooling infrastructure which will boost the data center cooling market demand.

Rising demand for packaged food to drive oxygen scavengers market trends over 2019-2025

The smart speaker market is predicted to showcase an escalating growth graph pertaining to a robust increase in the number of smart homes and the surging demand for personalization. Indeed, most of the early adopters of these devices are educated, affluent millennials, though smart speakers are also gaining interest from other demographic groups like the young gen X and children. The devices allow for a higher level of personalization which appeals to customers, thereby impelling the growth of smart speaker market.

The MVAS market is offering, application developers, mobile manufacturers, operators, and other vendors an exciting opportunity to extend customer reach and generate revenues. Industry vendors are offering services such as mobile email & IM, MMS, mobile advertising, mobile money, SMS, mobile infotainment solutions, and location based services to satisfy the rising client demand and needs.

Global mPOS terminal market is anticipated to witness robust growth throughout the coming timeframe owing to technological advancements and increasing demand from the retail industry. A mobile point-of-sale system is a tablet, smartphone, or a dedicated wireless device that carries out the operations of a conventional cash register or electronic POS terminal wirelessly.

As countries continue to modernize their electricity systems along with expeditiously expanding microgrid networks, pumped hydro storage market prospects look promising

Global precision farming market share, over the recent years, has been witnessing meteoric rise owing to the laudable initiatives undertaken by regional governments to combat declining agricultural productivity

Rise in defense expenditure by governments worldwide is expected to majorly fuel interceptor missiles market growth over the forecast period

Global water scarcity coupled with government initiatives is driving the global micro-irrigation system market

Strict government measures for reducing carbon emissions along with promotion of renewable energy use is expected to push floating solar panels market over the coming years.