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Southeast Asia Data Center Cooling Market to Grow by USD 563.7 Million (2024-2028) as Mini Data Centers Adoption Rises, with AI Powering Market Evolution- Technavio

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NEW YORK, Oct. 15, 2024 /PRNewswire/ — Report on how AI is driving market transformation – The Data Center Cooling Market in southeast asia size is estimated to grow by USD 563.7 million from 2024-2028, according to Technavio. The market is estimated to grow at a CAGR of over 6.78% during the forecast period. rising adoption of mini data centers is driving market growth, with a trend towards increasing adoption of DCIM solutions. However, rise in different operational regulations poses a challenge – Key market players include 3M Co., AIRSYS Refrigeration Engineering Technology Co. Ltd., Alfa Laval AB, Alphabet Inc., Amazon.com Inc., Cisco Systems Inc., Daikin Industries Ltd., Dell Technologies Inc., Emerson Electric Co., Hewlett Packard Enterprise Co., Hitachi Ltd., Huawei Technologies Co. Ltd., International Business Machines Corp., Lenovo Group Ltd., Mitsubishi Electric Corp., Modine Manufacturing Co., NEC Corp., Nortek, Oracle Corp., Quanta Computer Inc., Schneider Electric SE, Vertiv Holdings Co., and Wiwynn Corp..

Key insights into market evolution with AI-powered analysis. Explore trends, segmentation, and growth drivers- View the snapshot of this report

Data Center Cooling Market In Southeast Asia Scope

Report Coverage

Details

Base year

2023

Historic period

2018 – 2022

Forecast period

2024-2028

Growth momentum & CAGR

Accelerate at a CAGR of 6.78%

Market growth 2024-2028

USD 563.7 million

Market structure

Fragmented

YoY growth 2022-2023 (%)

6.24

Regional analysis

Southeast Asia

Performing market contribution

Southeast Asia at 100%

Key countries

Singapore, Malaysia, Indonesia, Thailand, and Rest of Southeast Asia

Key companies profiled

3M Co., AIRSYS Refrigeration Engineering Technology Co. Ltd., Alfa Laval AB, Alphabet Inc., Amazon.com Inc., Cisco Systems Inc., Daikin Industries Ltd., Dell Technologies Inc., Emerson Electric Co., Hewlett Packard Enterprise Co., Hitachi Ltd., Huawei Technologies Co. Ltd., International Business Machines Corp., Lenovo Group Ltd., Mitsubishi Electric Corp., Modine Manufacturing Co., NEC Corp., Nortek, Oracle Corp., Quanta Computer Inc., Schneider Electric SE, Vertiv Holdings Co., and Wiwynn Corp.

Market Driver

Data Center Infrastructure Management (DCIM) plays a crucial role in optimizing cooling systems in data centers through remote software. Vendors are prioritizing DCIM solutions due to their ability to monitor and manage temperatures efficiently. DCIM adoption offers significant benefits, such as reducing power consumption by over 20% and increasing cooling efficiency by approximately 40%. The return on investment (ROI) is typically achieved within 12-24 months, as DCIM eliminates human errors. Schneider Electric, a leading vendor, provides StruxureWare DCIM and EcoStruxure IT, offering complete visibility into cooling systems and server statuses. The growing demand for efficient systems and DCIM solutions will fuel the expansion of the data center cooling market in Southeast Asia. 

The Data Center Cooling Market in Southeast Asia is witnessing significant growth due to increasing data center operations and the data generation from OTT platforms, streaming services, and cloud services. High energy consumption and heat generation are major challenges in data centers, leading to the adoption of innovative cooling solutions like pre-engineered cooling modules with precision cooling capabilities. These modules offer scalability for high-density computing and energy efficiency, reducing both operational costs and carbon emissions. Amidst the pandemic, there is a growing focus on environmental sustainability and safety measures in data center infrastructure. Manufacturers are investing in specialized infrastructure and technology to address cooling issues and ensure flexibility, security, and regional opportunities. The market is segmented into components, solutions, and services. High investment costs and the need for energy-efficient data centers are driving the demand for energy-saving components and solutions. The latest trends include the use of carbon-neutral cooling systems and the integration of AI and IoT for predictive maintenance and optimization. 

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Market Challenges

In Southeast Asia’s data center cooling market, meeting construction schedules and contractual requirements is a significant challenge. Delays often exceed projected costs, and factors such as governmental inaction, public opposition, financing difficulties, weather conditions, unavailable materials, changing project scopes, labor disruptions, industrial accidents, and environmental hazards can further complicate matters. Obtaining clearances and adhering to regulatory requirements also pose challenges, leading to delays and damage to vendors’ reputations. These issues can result in lost deals and contracts for cooling systems, servers, and network equipment, thereby hindering market growth in Southeast Asia during the forecast period.The Data Center Cooling Market in Southeast Asia faces challenges due to the increasing demand for energy-efficient data centers, driven by data generation from OTT platforms, streaming services, and IT infrastructure. Power consumption and heat generation are major concerns, requiring advanced cooling equipment. The pandemic has accelerated digital transformation, leading to higher data volumes and the need for specialized infrastructure. High investment costs and cooling issues are barriers, but opportunities exist in sectors like healthcare, manufacturing, and cloud services. Carbon emissions and safety measures are key concerns, making technology advancements essential. Latest trends include scalability, security, flexibility, and regional opportunities. The market includes components like air conditioners, precision air conditioners, and services like installation & deployment, maintenance, and various cooling methods such as non-raised floor, raised floor, containment, IT & telecom, energy, and rack-based, row-based, and room-based cooling for data-intensive applications and cloud computing.

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Segment Overview 

This data center cooling market in southeast asia report extensively covers market segmentation by

Type 1.1 Room cooling1.2 Rack and row coolingTechnology 2.1 Liquid-based cooling2.2 Air-based coolingComponent 3.1 Air conditioners3.2 Economizers3.3 Cooling towers3.4 Chillers3.5 OthersGeography 4.1 Southeast Asia

1.1 Room cooling- In the data center cooling market of Southeast Asia, room cooling solutions are gaining popularity due to their effectiveness in maintaining a consistent temperature within data centers. These solutions utilize CRAH units that work in tandem with sensors to monitor headload and distribute chilled air through ducts and vents. Vendors like Vertiv offer small room cooling systems, ideal for small-to-medium data centers, with cooling capacities ranging from 1.5-11 tons (5.3-40 kW). The growth of data centers in Southeast Asia’s arid climate environment fuels the demand for these systems. By providing efficient air distribution through raised floors, these solutions ensure a continuous supply of cool air, contributing to the moderate growth of the room cooling segment in the region’s data center cooling market.

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Research Analysis

The Data Center Cooling Market in Southeast Asia is experiencing significant growth due to the increasing demand for energy-efficient data centers to support the data generation from OTT platforms, streaming services, and cloud services. With the proliferation of big data, connected devices, and IT infrastructure, specialized infrastructure is becoming essential to manage the heat generated by these systems. However, high investment costs and cooling issues are major challenges. The market is witnessing the adoption of the latest trends, such as technology advancements in cooling equipment and carbon emissions reduction through renewable energy sources. Safety measures are also a priority, with manufacturers focusing on developing solutions that minimize the risk of fires and other safety hazards. The market is segmented into component and solution segments, with the solution segment expected to dominate due to the growing demand for integrated cooling solutions. The services segment is also gaining traction as companies seek expert assistance in designing and implementing cooling systems.

Market Research Overview

The Data Center Cooling Market in Southeast Asia is witnessing significant growth due to the data generation from OTT platforms, streaming services, and the increasing adoption of cloud services, big data, and connected devices. Energy-efficient data centers are becoming a priority to reduce power consumption and heat generation. Cooling equipment is a crucial component of IT infrastructure, with air conditioners, precision air conditioners, and specialized infrastructure solutions being popular choices. The pandemic has accelerated digital transformation, leading to high investment costs and cooling issues. Carbon emissions and safety measures are also key concerns. Technology advancements include pre-engineered cooling modules, precision cooling capabilities, and scalable designs for high-density computing. The market includes solution segments like installation & deployment, maintenance services, and various cooling techniques such as non-raised floor, raised floor, containment, IT & telecom, energy, rack-based cooling, row-based cooling, and room-based cooling. Data-intensive applications like cloud computing, digital services, and environmental sustainability are driving opportunities in the region. Innovative solutions like pre-engineered cooling modules and flexible designs offer scalability and security. The latest trends include energy consumption reduction, high-density computing, and the integration of renewable energy sources.

Table of Contents:

1 Executive Summary
2 Market Landscape
3 Market Sizing
4 Historic Market Size
5 Five Forces Analysis
6 Market Segmentation

TypeRoom CoolingRack And Row CoolingTechnologyLiquid-based CoolingAir-based CoolingComponentAir ConditionersEconomizersCooling TowersChillersOthersGeographySoutheast Asia

7 Customer Landscape
8 Geographic Landscape
9 Drivers, Challenges, and Trends
10 Company Landscape
11 Company Analysis
12 Appendix

About Technavio

Technavio is a leading global technology research and advisory company. Their research and analysis focuses on emerging market trends and provides actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions.

With over 500 specialized analysts, Technavio’s report library consists of more than 17,000 reports and counting, covering 800 technologies, spanning across 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio’s comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.

Contacts

Technavio Research
Jesse Maida
Media & Marketing Executive
US: +1 844 364 1100
UK: +44 203 893 3200
Email: media@technavio.com
Website: www.technavio.com/

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Tata Elxsi Launches Coalesce: An Innovative XR Platform for Digital Twins and Remote 3D Collaboration powered by the Snapdragon Spaces XR Platform

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SAN DIEGO and BENGALURU, India, Oct. 16, 2024 /PRNewswire/ — Tata Elxsi, the leading global design and technology services company, announced the launch of Coalesce powered by the Snapdragon Spaces™ XR Platform (Snapdragon Spaces XR Developer Platform | Snapdragon Spaces [qualcomm.com]) from Qualcomm Technologies, Inc. Coalesce is an XR-based immersive collaboration solution that brings together spatial computing, digital twins and simulations. It facilitates reviews of product models and supports collaboration features for sharing text/audio comments, notes, and screen recordings with globally dispersed teams, including a 360-degree review for immersive interaction.

The Snapdragon Spaces XR platform is paving the way to a new frontier of spatial computing. The platform is empowering the creation of immersive experiences for XR devices that enable a multitude of enterprise use cases, for transformative spatial computing experiences.

Tata Elxsi’s Coalesce is a device-agnostic and web-based XR solution on the Snapdragon Spaces platform. This solution uses a wide range of built-in tools, enables effortless navigation through intuitive controls and gestures, and integrates advanced features for functional customisation. With cloud-integrated CMS and Gen AI integration, Coalesce delivers value to industries such as Automotive, Manufacturing, Rail, and High-Tech, blending domain expertise with digital innovation.

Unlike most XR platforms, Coalesce supports seamless, interactive design reviews with any VR device, using a custom UI. The platform is designed primarily for product design reviews like CAD but can also be used for training purposes across various sectors. For instance, Coalesce allows virtual walkthroughs of manufacturing processes for stakeholder collaboration and accelerates automotive design reviews, reducing the need for physical prototypes.

Aditya S Chikodi, Vice President & Head – Industrial Design, Engineering, & XR, said, “Product design and engineering are taking a leap forward with augmented virtual reality and spatial computing. Coalesce introduces a revolutionary approach to digital twins and performance simulation, pushing the boundaries of XR in the product development process.”

Per Neilson, Senior Director, Product Management at Qualcomm Technologies, Inc., added, “Tata Elxsi is working to bring the Coalesce platform to market, empowering industries and executive workforce to collaborate and make real-time decisions in product design and enterprise simulated environments. We are excited to see this platform brought to Snapdragon Spaces.”

To see Coalesce in action, get in touch.

About Tata Elxsi

Tata Elxsi is a fully integrated global design and technology consultancy, creating innovative products, services and experiences to build brands and help businesses grow. It has a multi-disciplinary team of over 13,000 design researchers, strategists, product, UX/UI designers, technologists, and engineers. Tata Elxsi helps clients globally to bring new ideas and award-winning products and services to market. For over 30 years, we have been helping brands differentiate and win.

Tata Elxsi leverages its comprehensive AR/VR capabilities across various sectors, including engineering design and modelling, worker safety, medical training, and virtual showrooms. The company’s expertise in application development, platforms and devices, and service integration ensures robust support for dispersed teams. With advanced development processes and technologies such as AI/ML, GenAI, XR, Metaverse, Tata Elxsi offers end-to-end solutions and platforms to improve user engagement and experience, driving innovation and efficiency in spatial computing. For more information, visit www.tataelxsi.com

Snapdragon branded products are products of Qualcomm Technologies, Inc. and/or its subsidiaries. Snapdragon Spaces is a trademark or registered trademark of Qualcomm Incorporated.

Logo: https://mma.prnewswire.com/media/742257/4913784/Tata_Elxsi_Logo.jpg 

 

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SOURCE Tata Elxsi

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From India to the World: Global Startups Club’s International Expansion to Begin in Dubai & Abu Dhabi

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MUMBAI, India, Oct. 16, 2024 /PRNewswire/ — Global Startups Club, one of India’s largest and most active communities for early-stage founders, entrepreneurs, and investors, is expanding into international markets. With a strong commitment to supporting these startups, Global Startups Club has become a valuable resource, hosting offline networking meetups that connect founders, investors, and entrepreneurs. Building on its success in India, the club is now focusing on global markets, marking a new chapter in its mission to promote entrepreneurial growth. The club has created a network of over 12,000 startup founders, including more than 250 venture capitalists and investors, and thousands of budding entrepreneurs.

Global Startups Club’s international journey starts with major meetups in Dubai & Abu Dhabi, UAE, on 19th and 20th October, in partnership with Bon Conseil. These events will bring together promising startups and influential investors from the region, providing a valuable space for sharing ideas and fostering connections. Drawing on its experience in India, Global Startups Club aims to create an environment where entrepreneurs can learn from each other and explore opportunities for growth.

After launching in the UAE, the club plans to start community building in Canada in November, the United States in partnership with Maulik Mehta of MaShCube – Crossborder Tax Solutions, and the United Kingdom in March in partnership with Gisela Lyshetti of Market Forever Global – Digital Marketing Agency. These locations were chosen to engage with different startup ecosystems and support early-stage businesses looking to grow internationally. Each offline experience will be tailored to meet the needs of startups in these areas, focusing on bringing together investors, mentors, and entrepreneurs to help them succeed.

With an already well-established presence in more than 12 cities across India, Global Startups Club has built a strong community that supports startup founders through meetings and collaborative opportunities. These interactions help startups gain valuable insights and develop partnerships that lead to their success. Cities like Bengaluru, Hyderabad, and Mumbai have become hubs for the club’s vibrant activities, bringing together the brightest minds in the entrepreneurial ecosystem.

The club’s summit in Chennai, scheduled for December 7th, 2024, highlights its strong presence in India. The summit is expected to attract over 450 delegates, including startup founders, investors, and industry leaders from across the country. It will feature engaging panel discussions, keynote speeches, and interactive sessions, creating a platform for sharing ideas and driving growth. As Global Startups Club continues to support startups, this important summit will spark discussions about the future of entrepreneurship in India and worldwide.

As part of its growth plan, Global Startups Club aims to expand to over 15 cities in six countries within the next year. This expansion will focus on key startup hubs worldwide, enabling the club to connect early-stage founders with global investors, mentors, and business opportunities. By encouraging collaborations across borders, the club aims to help startups grow and succeed internationally.

Global Startups Club’s international expansion is a significant step in the journey as a key player in the startup ecosystem. With a strong reputation in India and a strategic move to enter global markets, the club is setting new standards for how startup communities can thrive and make a difference. By focusing on building connections, creating funding opportunities, and supporting talent across borders, the club is not only expanding its reach but also strengthening the global startup community overall.

As the club ventures into international markets, the gatherings in Dubai, UAE; Vancouver, Canada on November 16th; and Seattle, USA on November 30th will lay the foundation for a global network that supports the growth and success of startups everywhere.

About Global Startups Club:

Global Startups Club powered by Mojo Capital is not just an event. It’s an experience that fosters collaboration, innovation, and growth. As a startup networking ecosystem , we pride ourselves on creating dynamic platforms where entrepreneurs, investors, and industry experts converge to build meaningful connections.

Global Startups Club go beyond casual introductions. Our events feature curated networking sessions, ensuring meaningful connections that can fuel your startup journey. We believe in pushing boundaries! Our events incorporate innovative networking formats, from speed dating sessions to interactive workshops, providing diverse opportunities to connect.

For more details and to stay updated on upcoming opportunities, visit Global Startups Club: https://www.globalstartups.club/globalstartupsclub.

Photo: https://mma.prnewswire.com/media/2531989/Global_Startups_Club.jpg

 

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Sony Acquires KinaTrax, Inc. to Expand Its Sports Data Business into Player Performance

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– Marking a new expansion into the biomechanics and player performance space –

TOKYO and BASINGSTOKE, United Kingdom, Oct. 16, 2024 /PRNewswire/ — Sony Corporation (“Sony”) today announced that Sony welcomed KinaTrax, Inc. (“KinaTrax”), a leader in research-grade markerless motion capture technology for sports that collects in-game biomechanical performance data on athletes, into Sony’s sports businesses through a recent acquisition.

Joining forces with Hawk-Eye Innovations Limited (“Hawk-Eye”), a Sony group company that forms an integral part of Sony’s sports businesses, KinaTrax will bring its trusted biomechanical and analytical expertise, as well as its markerless motion capture technology to Sony’s portfolio and is expected to further create synergy to maximize the use of sports data for athletes, teams, leagues and fans alike.

Hawk-Eye, Beyond Sports and Pulselive form the core foundation of Sony’s sports businesses, with a shared commitment to deliver best-in-class officiating, broadcast and digital solutions to the sports world around sports data technologies. Welcoming KinaTrax bolsters Sony’s capability to serve important use cases for sports data, such as analysis and biomechanics for coaching, scouting and athletes’ performance.

Rufus Hack, CEO of Hawk-Eye, Pulselive and Beyond Sports stated: “By welcoming KinaTrax into the family, we are excited to further expand our offering, under our mission of unlocking the power and emotion of sport through data. We are incredibly privileged to partner with an overwhelming majority of the top global sports leagues, and this acquisition allows us to broaden our proposition through new biomechanical insights in the critical and growing field of player performance.”

Steven Cadavid, President of KinaTrax also said: “We’re excited to become part of Sony and its sports businesses, and to bring our know-how to complement the powerful tech Hawk-Eye, Pulselive, and Beyond Sports have developed and are delivering today. The future of sports is in deeper data tracking and the creation of smarter insights through innovative technology. With Sony, by enhancing KinaTrax’s expertise in capturing and delivering biomechanical performance data, we aim to contribute to provide sports leagues, teams and players with the best insights to improve performance and pursue success.”

KinaTrax, Inc.

KinaTrax provides professional and collegiate teams with game-changing insights focusing on teams’ most valuable asset: their athletes. The company delivers research-grade markerless motion capture technology that allows teams to collect in-game biomechanical performance data. The camera systems are currently deployed in over 75 stadiums and labs across MLB, MiLB, and NCAA organizations, and are expanding into other sports leagues.

The comprehensive sets of tools for data capture and analysis are operationalized for daily use by players, GMs, coaches, trainers, medical staff, and researchers, providing value that goes beyond traditional scouting, training, and rostering.

About Sony Corporation
Sony Corporation is a wholly owned subsidiary of Sony Group Corporation and is responsible for the Entertainment, Technology & Services (ET&S) business. With the mission to “create the future of entertainment through the power of technology together with creators,” we aim to continue to deliver Kando* to people around the world. For more information, visit: http://www.sony.net/

*Kando is a Japanese word that roughly translates to the sense of awe and emotion you feel when experiencing something beautiful and amazing for the first time.

About Hawk-Eye Innovations Limited
Hawk-Eye has been at the forefront of sports officiating and broadcast enhancement technology since 2001. The world’s biggest sporting events trust Hawk-Eye to make the right call when it matters most.

Hawk-Eye’s vision-processing, video replay and creative graphic technologies make sport fairer, safer, more engaging and better informed. Hawk-Eye’s innovations are constantly changing the face of sports officiating, production, content management, and fan engagement in every sport.

Hawk-Eye forms a key part of Sony’s sports businesses with a shared mission to deliver best-in-class officiating, broadcast and digital solutions to the sports world.

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SOURCE Sony Corporation

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