According to CoinMeta, IDC released a report stating that in the first half of 2026, the revenue of manufacturers in China's liquid-cooled server market increased by 153.1% year-on-year, and the average annual compound growth rate of shipments is expected to be close to 49% over the next five years. The report indicates that an increasing number of high-density computing projects are no longer selecting models based on "units," but rather consider computing nodes, inter-node connectivity, power supply, and in-cabinet liquid cooling as a complete system configuration and delivery package. As a result, the cabinet is gradually becoming the delivery unit for computing power purchases.