MarketsandMarkets projects the data center direct-to-chip coolant market will reach $1.30 billion by 2032, driven by surging GPU densities in AI training infrastructure. The report cites accelerating adoption among hyperscalers deploying high-wattage processors that exceed the capacity of traditional air cooling. Vendors supplying dielectric and single-phase liquid coolants are expected to benefit most from the transition. The forecast aligns with separate Straits Research analysis projecting broad liquid cooling market expansion through 2034.