Driven by the AI data center market surge, data center thermal management revenue came far beyond Omdia’s previous forecast and reach $7.7bn in 2023, at an annual growth of 26%, the liquid cooling market is nearly becoming a $1bn market. This revised version fixes some issues of vendor market positions, which may have made minor changes to the market sizing and forecast, as well as a market share error in 2020 caused by model transitions.
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Data Center Thermal Management Tracker – 2024
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Data Center Thermal Management Presentation – 2024
Presentation / 24 Apr 2024 / Shen Wang
An interactive call where we cover big-picture events driving the data center thermal management market in the long-term, specific events that were interesting during the period, and recent report findings.
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The Analyst Team
Shen Wang
Follow AnalystPrincipal Analyst, Data Center Power & Cooling Systems
Wang Shen is a principal analyst in Omdia, Informa Tech. He has been responsible for the consulting and custom studies in data center tech areas, and now he leads the data center physical infrastructure, thermal management, and sustainability research practice.
Prior to joining IHS Markit (Now as Omdia) in 2017, Wang Shen worked at eldoLED B.V. in the Netherlands as technical application manager on smart power electronic products. Before that, he developed smart conceptual electronic products at Philips Research in Eindhoven, he published technical papers on international journals, and hold several patents.
In the meantime, Shen was also a technical translator and reviewer for industrial publishing houses, and also a columnist for industry medias, he has successfully conducted many research cases, and often gives speeches at data center power & sustainability related conferences or seminars and quoted by industry medias.
Shen earned an MSc (Ir.) degree in Sustainable Energy Technology from Technische Universiteit Eindhoven and a BSc degree in Electric Engineering & Automation from Fudan University.
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Vladimir Galabov
Follow AnalystSenior Research Director, Enterprise Infrastructure
Vlad is responsible for the enterprise infrastructure teams at Omdia, including the cloud and data center research practice and the cybersecurity research practice. He guides the teams’ research strategy and produces research with a focus on disruptive trends, such as infrastructure upgrades necessary to enable broad adoption of AI, as well as the impact of AI on the enterprise infrastructure stack.
Vlad joined Omdia, formerly IHS Markit Technology, in 2016. He assumed the responsibility for the cloud and data center research practice in 2021, developing many of its unique, industry-leading technical analyses, including its flagship “single source of truth” data center capex and capacity model. He held senior positions at Intel and Ciena, where his data-led insights served as a central input into the companies’ strategies. Key market models he developed include an in-depth analysis of telecommunications network operations costs, a PC inventory tracker, and an actionable IoT market forecast. Vlad’s work has even facilitated decision-making in the British Parliament. He holds a Bachelor of Science degree in economics and management from Aston University, the UK.
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