The global data center liquid cooling market is expected to grow from USD 1.2 billion in 2019 to USD 3.2 billion by 2024, at a CAGR of 22.6% during the forecast period. Major factors driving the growth of the data center liquid cooling market include increasing need for energy-efficient cooling solutions, growing demand for compact and noise-free solutions, need for lower operating costs, and need for better overclocking potential.