Data center direct-to-chip cooling market to grow 26.5% CAGR, reaching $17.31B by 2032.

The data center direct-to-chip cooling market is projected to grow from $3.33 billion in 2026 to $17.31 billion by 2032, at a CAGR of 26.5%. This growth is driven by the need for precise thermal management in advanced computing, especially for edge computing and latency-sensitive applications. Single-phase cooling systems and water-glycol coolants dominate due to their reliability and efficiency. Hyperscale data centers lead demand, with major companies investing in liquid cooling to support AI and high-performance workloads while improving energy efficiency.