Connect with us

Technology

Immersion Cooling Market to Grow by USD 988 Million from 2024-2028, Driven by Rising Data Center Investments, AI-Powered Market Evolution- Technavio

Published

on

NEW YORK, Sept. 9, 2024 /PRNewswire/ — Report on how AI is driving market transformation- The global immersion cooling market size is estimated to grow by USD 988 million from 2024-2028, according to Technavio. The market is estimated to grow at a CAGR of 28.62% during the forecast period. Increasing investments in data centers is driving market growth, with a trend towards emergence of advanced technologies. However, lack of demand and awareness poses a challenge. Key market players include Aecorsis BV, Bitfury Group Ltd., Comfort Systems USA Inc., DCX The Liquid Cooling Co., Delta Electronics Inc., DUG Technology Ltd., Engineered Fluids Inc., Furukawa Electric Co. Ltd., Gigabyte Technology Co. Ltd., Green Revolution Cooling Inc., Iceotope Technologies Ltd., LiquidCool Solutions, LiquidStack B.V., Midas Immersion Cooling, PEZY Computing KK, SixtyOneC, Submer Technologies SL, TEIMMERS, TMGcore Inc., and Wiwynn Corp..

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

Immersion Cooling Market Scope

Report Coverage

Details

Base year

2023

Historic period

2018 – 2022

Forecast period

2024-2028

Growth momentum & CAGR

Accelerate at a CAGR of 28.62%

Market growth 2024-2028

USD 988 million

Market structure

Fragmented

YoY growth 2022-2023 (%)

22.32

Regional analysis

North America, Europe, APAC, South America, and Middle East and Africa

Performing market contribution

North America at 45%

Key countries

US, China, UK, India, and Germany

Key companies profiled

Aecorsis BV, Bitfury Group Ltd., Comfort Systems USA Inc., DCX The Liquid Cooling Co., Delta Electronics Inc., DUG Technology Ltd., Engineered Fluids Inc., Furukawa Electric Co. Ltd., Gigabyte Technology Co. Ltd., Green Revolution Cooling Inc., Iceotope Technologies Ltd., LiquidCool Solutions, LiquidStack B.V., Midas Immersion Cooling, PEZY Computing KK, SixtyOneC, Submer Technologies SL, TEIMMERS, TMGcore Inc., and Wiwynn Corp.

Market Driver

The adoption of advanced technologies such as machine learning, artificial intelligence, and blockchain is driving the demand for high-performance computing hardware, including tensor processing units (TPUs) and graphics processing units (GPUs). These hardware components generate significant heat, making traditional air cooling methods inadequate. As workload densities increase beyond 25-30 kW per rack, immersion cooling becomes an ideal solution. This eco-friendly technology efficiently manages heat from high-power processing units, enabling enterprises to capitalize on computationally intensive applications like blockchain and high-frequency trading. Immersion cooling also reduces data center power consumption and enhances Power Usage Effectiveness (PUE), making it a cost-effective and sustainable choice for managing high-density workloads. 

The Immersion Cooling Market is experiencing significant growth due to the increasing demand for energy-efficient solutions in various industries. Managed Service Providers are adopting immersion cooling systems for High-performance data centers and heavy electronics devices to reduce energy consumption and operational expenditures. Single-phase systems using coolants like mineral oil and synthetic fluids are gaining popularity over traditional air conditioning systems. Fluorinated fluids and fluorocarbon-based fluids are also used in some applications. Industry dynamics, changing lifestyle, and stringent laws are driving the market. Immersion cooling solutions are being used in sectors like Hospitals, Schools, and Digital Solutions for IT components and electronics. Cooling fluids play a crucial role in managing heat generation from complex algorithms and high-performance hardware. Low-energy solutions, home technologies, artificial intelligence, edge computing, and blockchain technologies are also contributing to the market’s growth. Energy-efficient immersion cooling offers cost advantages and improved mining power for cryptocurrency and other data-intensive applications. However, concerns over leakage and the need for optimal temperatures and energy costs remain challenges. The Migrates Policy Institute’s focus on energy efficiency and sustainability further boosts the market. 

Request Sample of our comprehensive report now to stay ahead in the AI-driven market evolution!

 Market Challenges

Immerision cooling systems have gained attention in the IT industry for enhancing infrastructure performance in data centers. While various cooling technologies exist, immersion cooling’s impact remains minimal due to concerns over potential infrastructure malfunctions from submerging electronic components in heat transfer liquids. Microsoft Corp. Is among the pioneers in adopting this technology, but widespread acceptance is limited among major hyperscalers like Amazon and Facebook. The technology’s potential lies in powering data-intensive applications, such as HPC, cryptocurrency mining, AI, ML, and data mining. Despite this, the lack of recognition from key players hampers the immersion cooling market’s growth during the forecast period.The Immersion Cooling market is gaining traction due to its ability to address the challenges of water usage, heat dissipation, and performance in data centers. However, reliability is a key concern due to the use of tanks, pumps, and heat exchangers. Low-density data servers benefit from this cooling method, but physical footprint and maintenance costs are considerations. Data center operators seek energy savings and simplified infrastructure, making energy-saving capabilities and versatility attractive. Scalability is essential, especially in the Artificial Intelligence segment, where high-performance computing, AI applications, and intense learning models require high power densities. Cooling fluids, including synthetic fuels, offer customization and stability. Digital transformation, cloud services, and AI-driven applications demand energy efficiency and IoT capabilities, driving the need for immersion cooling in cloud computing infrastructure and hyper-scale data centers. Capital costs and hardware modification are also factors to consider.

Discover how AI is revolutionizing market trends- Get your access now!

Segment Overview 

This immersion cooling market report extensively covers market segmentation by

Type 1.1 Single-phase immersion cooling1.2 Two-phase immersion coolingApplication 2.1 High-performance computing2.2 Edge computing2.3 Cryptocurrency miningGeography 3.1 North America3.2 Europe3.3 APAC3.4 South America3.5 Middle East and Africa

1.1 Single-phase immersion cooling- The single-phase immersion cooling market witnessed significant growth in 2020, with this cooling method leading the market. In single-phase immersion cooling, IT components and systems are submerged in a hydrocarbon-based dielectric fluid that absorbs the heat produced. The heated fluid is then pumped through a secondary liquid-to-liquid or air-to-liquid heat exchanger for cooling before being recirculated back into the immersion bath. Newtonian fluids, which are circulated at low flow rates and pressure, are used as coolants. This cooling method offers simplicity, easier operations, and lower maintenance, making it an attractive choice for data centers. The single-phase immersion cooling segment is projected to continue its dominance in the market due to its cost-effectiveness and energy efficiency. As consumers become more aware of the advantages of single-phase immersion cooling over two-phase, demand for this technology is expected to increase substantially during the forecast period. For instance, Submer’s immersion cooling solution utilizes a single-phase immersion coolant and provides open-bath systems designed for easy operation.

Download a Sample of our comprehensive report today to discover how AI-driven innovations are reshaping competitive dynamics

Research Analysis

The Immersion Cooling market is gaining significant traction due to its energy-efficient solutions, offering cost advantages over traditional air cooling systems. With the increasing demand for data centers, cryptocurrency mining, and blockchain technologies, the heat generation from complex algorithms is becoming a major concern. Immersion cooling provides a solution by submerging IT components in a dielectric fluid, eliminating the need for air conditioning and reducing operational expenditures. The market is not limited to data centers alone, but also finds applications in cloud computing infrastructure, hyper-scale data centers, and IoT functionality. The global workforce’s shift towards digital solutions, e-commerce growth, and changing lifestyles are driving the market’s industry dynamics. Stringent laws on energy consumption and capital costs are also encouraging hardware modification towards immersion cooling. Managed Service Providers offer single-phase immersion cooling systems, making it accessible to schools, digital solutions, electronics, and industries.

Market Research Overview

The Immersion Cooling Market is experiencing significant growth due to the increasing demand for energy-efficient solutions in various sectors. Immersion cooling offers cost advantages by reducing operational expenditures through lower energy consumption. Data centers, cryptocurrency mining, and blockchain technologies are major adopters of immersion cooling due to the complex algorithms and intense heat generation. The market is driven by the need to maintain optimal temperatures and reduce energy costs while increasing efficiency and improving hardware longevity. Leakage and water usage are concerns, but the market offers versatile solutions, including synthetic fuels and single-phase systems. The market caters to various industries, including high-performance computing, artificial intelligence, and healthcare, with customizable hardware configurations and thermal conductivity. Digital transformation, cloud services, and IoT capabilities are also driving the market, with a focus on energy savings and maintenance costs. The market offers simplicity, scalability, and reliability, with a range of cooling fluids and cooling systems, including air conditioning and fluorocarbon-based fluids. The market dynamics are influenced by digital transformation, changing lifestyle, stringent laws, and the global workforce’s shift towards low-energy solutions. Immersion cooling is a promising solution for high-performance data centers, heavy electronics devices, hospitals, schools, and digital solutions, offering energy savings and improved mining power.

Table of Contents:

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

TypeSingle-phase Immersion CoolingTwo-phase Immersion CoolingApplicationHigh-performance ComputingEdge ComputingCryptocurrency MiningGeographyNorth AmericaEuropeAPACSouth AmericaMiddle East And Africa

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/

View original content to download multimedia:https://www.prnewswire.com/news-releases/immersion-cooling-market-to-grow-by-usd-988-million-from-2024-2028-driven-by-rising-data-center-investments-ai-powered-market-evolution–technavio-302241925.html

SOURCE Technavio

Continue Reading
Click to comment

Leave a Reply

Your email address will not be published. Required fields are marked *

Technology

Safetyfirst Systems, LLC Provides Notice of Data Security Event

Published

on

By

PARSIPPANY, N.J., July 23, 2026 /PRNewswire/ — Safetyfirst Systems, LLC (“SFS”) is providing notice of a data security event that may involve information relating to certain individuals. While SFS is not aware of any misuse of information associated with this event, it is providing notice to potentially affected individuals out of an abundance of caution.

On January 19, 2026, SFS identified suspicious activity involving a limited portion of its server environment. Upon discovering the activity, SFS quickly took steps to secure its systems, notified federal law enforcement, engaged leading third-party forensic specialists, and performed a detailed investigation into the nature, scope, and impact of the activity. The investigation determined that an unauthorized actor accessed and/or acquired certain files from limited SFS systems between January 16, 2026, and January 19, 2026. SFS then conducted a comprehensive review of the affected files to determine what information may have been involved and identify the individuals to whom the information relates. The review has recently concluded, and SFS is providing this notification to potentially impacted individuals out of an abundance of caution. Although the types of information vary by individual, the affected information may include names, Social Security numbers, and driver’s license numbers.

Protecting the privacy and security of the information entrusted to SFS is a responsibility the company takes very seriously. In response to this event, SFS promptly strengthened security measures, continues to enhance its technical safeguards and monitoring capabilities, and is reviewing existing policies and procedures to further protect against similar incidents in the future. SFS is also providing notice to potentially affected individuals and, where required, appropriate regulatory authorities.

Although SFS is unaware of any misuse of personal information impacted by this event, individuals are encouraged to remain vigilant against events of identity theft by reviewing account statements, explanation of benefits, and monitoring free credit reports for suspicious activity and to detect errors. Any suspicious activity should be reported to the appropriate insurance company, health care provider, or financial institution.

Individuals seeking additional information regarding this event can contact SFS’s dedicated assistance line at 1-833-289-5523 between the hours of 7:00 a.m. to 7:00 p.m. Eastern time, Monday through Friday, excluding holidays. Individuals may also write to SFS at PO Box 101, 3299 US Highway 46, Parsippany, NJ 07054-9998.

 

View original content:https://www.prnewswire.com/news-releases/safetyfirst-systems-llc-provides-notice-of-data-security-event-302831894.html

SOURCE Safetyfirst Systems, LLC

Continue Reading

Technology

Sunrate and Mastercard Release White Paper on Agentic AI and the Future of B2B Global Payments

Published

on

By

SHANGHAI, July 24, 2026 /PRNewswire/ — Sunrate, the global payment and treasury management platform, and Mastercard, a global technology company in the payments industry, unveiled a joint white paper, Beyond Automation: Defining Agentic Global Payments, at the 2026 World Artificial Intelligence Conference (WAIC).

Among the first reports in the payments industry to examine the impact of Agentic AI on B2B cross-border payments, the white paper provides a comprehensive framework for understanding how AI agents are reshaping enterprise payment operations. It proposes that cross-border payments are evolving beyond digitisation and automation into a new stage: Autonomy—where AI agents with reasoning, planning, and execution capabilities can independently orchestrate and optimise end-to-end payment and treasury workflows within defined governance frameworks.

As businesses expand across borders, B2B cross-border payments continue to be constrained by fragmented workflows, disconnected systems, foreign exchange inefficiencies, rising compliance requirements, and complex reconciliation processes. While traditional automation improves individual tasks, the white paper demonstrates that Agentic AI represents a fundamental shift by enabling intelligent agents to coordinate entire payment journeys across systems, counterparties, and approval workflows.

Drawing on Sunrate’s global payment infrastructure and AI-native product capabilities, together with Mastercard’s expertise in secure payment networks and data intelligence, the white paper defines Agentic Global Payments — a new category of AI-native global payment infrastructure built to automate and manage complex enterprise workflows.

The report identifies 16 major pain points across the B2B payment lifecycle and outlines 13 high-value AI use cases spanning supplier onboarding, accounts payable and receivable, virtual commercial cards, payment routing, foreign exchange management, compliance screening, fraud detection, reconciliation, and conversational operational support. It also demonstrates how AI agents can automate complex workflows—from extracting information across multiple document formats and conducting compliance checks to initiating payments, optimising FX execution, and completing reconciliation—while operating within enterprise governance and control frameworks.

The white paper further highlights that trusted adoption of agentic payments depends on more than technological capability. It identifies governance, transparency, security, and ecosystem collaboration as essential foundations for enterprise deployment, supported by frameworks such as Know Your Agent (KYA), payment tokenisation, auditability, and cross-industry interoperability.

Sunrate.AI portfolio currently includes the Payment Agent, FX Agent, Compliance Agent, Onboarding Agent, and Chat Agent, designed to help enterprises automate and optimise critical payment and treasury processes while maintaining compliance and operational control.

Mastercard has also been actively building the foundations for trusted agentic commerce – combining AI capabilities with verifiable authorisation, clear accountability and proven payments security. Its work in this area, including Agent Pay (alongside Agent Pay for Machines) and Verifiable Intent, are proof points in how Mastercard is enabling AI to participate in commerce safely and transparently. 

“Our mission is to make global payments seamless, compliant, and intelligent,” said Paul Meng, Co-founder and CEO of Sunrate. “As businesses continue expanding internationally, AI agents will fundamentally reshape how enterprises manage global payments—enabling smoother capital flows, reducing operational friction, and embedding real-time intelligence into every payment decision. This white paper represents an important step in helping the industry understand how Agentic AI can be deployed responsibly at enterprise scale.”

“Agentic commerce is changing how businesses make and execute payment decisions, but speed without accountability creates new categories of risk,” said Anouska Ladds, Executive Vice President, Commercial & New Payment Flows, Asia Pacific, Mastercard. “As AI starts to act on behalf of businesses, autonomous payment decisions need a clear, auditable chain of identity, intent and action. That’s what allows organisations to delegate with genuine confidence — and what will determine whether agentic commerce scales past pilots.”

Released under WAIC 2026’s theme, “Intelligent Partners, Co-creating the Future,” the white paper provides business leaders with practical guidance on adopting AI-driven payment capabilities, covering implementation approaches, governance considerations, and real-world enterprise applications.

By combining Sunrate’s expertise in global payments and treasury management with Mastercard’s trusted payment infrastructure and network capabilities, the collaboration reflects a shared commitment to accelerating the next generation of intelligent, secure, and autonomous B2B global payments.

Click here to check the white paper.

About Sunrate

Sunrate is a leading global payment and treasury management platform for businesses worldwide. Founded in 2016, Sunrate has enabled companies to operate and scale both locally and globally in 190+ countries and regions with its cutting-edge infrastructure, global network, and unified solutions.

Sunrate operates through offices across key markets, including Singapore, Kuala Lumpur, Jakarta, Hong Kong, Shanghai, and London. The company partners with the top global financial institutions, such as Citibank, Standard Chartered, Barclays, J.P. Morgan. Sunrate is also the principal member of Mastercard and Visa. To learn more about Sunrate, visit https://www.sunrate.com/.

About Mastercard

Mastercard powers economies and empowers people in 200+ countries and territories worldwide. Together with our customers, we’re building a resilient economy where everyone can prosper. We support a wide range of digital payments choices, making transactions secure, simple, smart and accessible. Our technology and innovation, partnerships and networks combine to deliver a unique set of products and services that help people, businesses and governments realize their greatest potential. 

www.mastercard.com

SOURCE Sunrate

Continue Reading

Technology

JAMS Launches AI for Enterprise Job Scheduling: JAX and JAMS MCP

Published

on

By

A new AI agent and an open-standard connector let IT teams query, diagnose, and manage automation in plain language, on the model they choose, with operational data able to stay onshore inside their own network

SYDNEY, July 24, 2026 /PRNewswire/ — JAMS Software, an orchestration solution for scheduled and event-driven automation, today announced the general availability of two AI capabilities for enterprise job scheduling: JAX, an AI agent built into the JAMS Web Client, and JAMS MCP, a connector built on the open Model Context Protocol standard that brings JAMS into external AI coding tools. Both capabilities ship at no additional cost as part of JAMS Web.

Automation environments grow faster than the teams that run them. Jobs multiply across SQL Server, Azure Data Factory, Airflow, SAP, JDE, and Banner, and when one fails, finding the root cause often means searching several consoles at once, frequently outside business hours. At the same time, IT leaders carry pressure to adopt AI while staying accountable for where operational data goes. JAX and JAMS MCP close both gaps together.

Full details on how JAX and JAMS MCP work, including the control model behind every action, are available at jamsscheduler.com/product/ai.

JAX is an AI agent that runs inside the JAMS Web Client. It finds jobs, troubleshoots failures, and answers how-to questions in plain language, with each response grounded in the JAMS user guide and checked against a built-in glossary. JAX acts only when a user asks it to. Reads flow freely, and every write action pauses for the user’s explicit approval before it runs. JAX does not learn between sessions, and conversations are not retained on the server.

JAMS MCP is a connector, built on the open Model Context Protocol standard, that brings JAMS into the AI tools engineering teams already use, including Cursor, VS Code with Copilot, Claude Code, Claude Desktop, and Codex. Users query jobs, investigate failures, and manage runs in plain language without leaving their tool.

Both capabilities run inside the customer’s own network and act as the signed-in user, with that user’s exact JAMS permissions. There is no elevated AI account: whatever a user cannot do in the JAMS interface, JAX and JAMS MCP cannot do on that user’s behalf. Every JAX and MCP operation is recorded in its own dedicated log, and changes made through the JAMS API land in the JAMS audit trail like any other change. Customers choose their own AI model, whether a commercial provider such as OpenAI or Anthropic or a model running entirely on their own hardware, and JAMS never trains on customer data. In the current release, neither feature edits or deletes a job, folder, schedule, or agent definition. For teams that need operational data to stay onshore, JAX runs on a local model entirely inside the customer’s own network, so nothing leaves at all.

“Adopting AI usually means giving something up, most often visibility into where your data goes,” said Pete Hegland, Chief Executive Officer of JAMS Software. “We built JAX and JAMS MCP so that trade does not have to happen. Every action runs as the signed-in user, every change waits for approval, and the model can run on the customer’s own hardware, keeping operational data onshore.”

“For teams across Australia, New Zealand, and Singapore, two things matter: keeping data onshore, and getting answers when a job fails after hours,” said Shayne Cooper, Account Executive for APAC at JAMS Software. “JAX and JAMS MCP address both. The model can run on the customer’s own hardware, and the answer arrives in plain language at the moment it is needed.”

JAX and JAMS MCP are available now to all JAMS Web customers across Australia, New Zealand, and Singapore, with no separate licence, SKU, or additional cost. AI-assisted creation of new jobs and workflows from a plain-language description is on the roadmap for a future release, gated by the same approvals and permissions as every other action.

Learn how JAX and JAMS MCP work at https://jamsscheduler.com/product/ai.

Fast facts

JAX is an AI agent built into the JAMS Web Client for job scheduling and workflow automation.JAMS MCP is a connector built on the open Model Context Protocol standard, for Cursor, VS Code with Copilot, Claude Code, Claude Desktop, and Codex.Both act as the signed-in user, with that user’s exact JAMS permissions, and there is no elevated AI account.Customers choose the AI model, including a local model that runs entirely inside their own network.JAMS never trains on customer data.Both are available now at no additional cost as part of JAMS Web.

About JAMS Software
Founded in 1987, JAMS Software is an orchestration solution that helps IT teams centralize, automate, and manage scheduled and event-driven jobs across complex, hybrid environments. Over 850 customers rely on JAMS to run their automated workloads. JAMS Software, LLC is headquartered at 108 Patriot Drive, Suite A, Middletown, DE 19709.

Media Contact
Bobby Schmidt, Vice President of Marketing
press@jamssoftware.com
800.261.4267

 

 

Logo – https://mma.prnewswire.com/media/3007573/JAMS_Software.jpg
Photo – https://mma.prnewswire.com/media/3007574/JAX_the_AI_agent_built_into_the_JAMS_Web_Client.jpg
Photo – https://mma.prnewswire.com/media/3007575/AI_in_Jams_JAX_and_JAMS_MCP.jpg
Photo – https://mma.prnewswire.com/media/3007576/jams_mcp_ai_connector_claude_cursor.jpg

View original content:https://www.prnewswire.com/apac/news-releases/jams-launches-ai-for-enterprise-job-scheduling-jax-and-jams-mcp-302833800.html

SOURCE JAMS Software

Continue Reading

Trending