India, April 17 -- The global data center market is projected to reach approximately USD 699.13 billion by 2034 from USD 300.64 billion in 2026, growing at a CAGR of 11.10%. This expansion is primarily fueled by the structural demand for high-density computing environments and the rapid integration of artificial intelligence. As organisations adopt generative AI and deep learning, the need for robust computational power and facility modernisation is driving massive investments in new infrastructure.

A significant shift is occurring toward hyperscale cloud providers and colocation platforms, which are increasingly dominating the market share. To manage the extreme thermal loads of AI clusters, operators are adopting advanced liquid coolin...