India Data Center Market Overview:

According to MarkNtel Advisors study the India Data Center Market size is valued at USD 3.2 billion in 2024 is estimated to grow at a CAGR of around 6.5% during the forecast period, i.e., 2024-30. The growth in the data center market of India is driven by the combination of factors playing out together, enabling an ecosystem that will provide massive growth opportunities for businesses operating or planning to venture into this market. These key factors include the push from the government of India through policy changes for the localization of data generated in the country and the launch of the “Digital India” campaign necessary for the development of revolutionary digital products such as UPI, BHIM, digilocker, etc. Also, the massive rise in online transactions and e-commerce has further fueled the growth in the market. The expansion and growth in industries especially the healthcare and BFSI industry generate sensitive and massive data that needs to be securely stored. India also has a huge IT and telecommunication industry that generates massive data. The development of such scenarios presents an important aspect driving the Indian Data Center Market.

Key Findings of the Study: India Data Center market

India Data Center Market Opportunity:

5G Deployment to Offer Lucrative Growth Opportunities – The telecommunication industry massively utilizes data centers for optimal working. The deployment of 5G networks across the length and breadth of India will present a huge opportunity for the market players. As the 5G network gets deployed leading to increasing network connectivity, through smart electronic devices, people, and digital services enabling the huge need for data centers capable of processing such huge amounts of data without latency. Additionally, the availability of 5G will have a transformation impact on various industries such as healthcare, and gaming industry. Such impact is due to the combination of 5G with modern technologies such as virtual reality (VR), and augmented reality (AR), and also the fast adoption of the Internet of Things and Metaverse. These scenarios will lead to the massive generation of data and the need for computing power, highlighting the lucrative growth opportunities available in the Indian data center industry.

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Scope of the India Data Center Market Report Segmentation

-By Infrastructure

• By IT Infrastructure
• By Electrical and Mechanical Infrastructure

-By Type

• Enterprise Data Centers- Market Size Forecast 2019-2030F, USD Million
• Colocation Data Centers- Market Size Forecast 2019-2030F, USD Million
• Cloud Data Centers- Market Size Forecast 2019-2030F, USD Million
• Edge Data Centers- Market Size Forecast 2019-2030F, USD Million

-By Tier Standards

• Basic site infrastructure (Tier I)- Market Size Forecast 2019-2030F, USD Million
• Redundant-capacity component site infrastructure (Tier II)- Market Size Forecast 2019-2030F, USD Million
• Concurrently maintainable site infrastructure (Tier III)- Market Size Forecast 2019-2030F, USD Million
• Fault-tolerant site infrastructure (Tier IV)- Market Size Forecast 2019-2030F, USD Million

-By End User

• Banking, Financial Services and Insurance (BFSI)- Market Size Forecast 2019-2030F, USD Million
• Telecommunication IT- Market Size Forecast 2019-2030F, USD Million
• Government- Market Size Forecast 2019-2030F, USD Million
• Energy Utility- Market Size Forecast 2019-2030F, USD Million
• Healthcare- Market Size Forecast 2019-2030F, USD Million
• Others (Media Entertainment, Manufacturing, etc.)- Market Size Forecast 2019-2030F, USD Million

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Geographical analysis:

-By Region

• North
• South
• East
• West

The western region of India holds the largest number of data centers in the country, primarily due to states like Maharashtra and Gujarat. Maharashtra due to the presence of Mumbai, the commercial capital of the country, and Navi Mumbai. The state alone has a GDP of more than USD 500 billion, indicating the massive economic activity and industrial presence in the region. Additionally, the region's proximity to the submarine cables on the western coastline coming from Europe and the Middle East and going towards Southeast Asia adds to the region have larger concentration of data centers. These factors point that the region will likely maintain its dominance and contribute significantly towards market growth expansion.

India Data Center Industry Recent Development:

• August 2024: CtrlS has acquired land in Patna, Bihar to set up a greenfield edge data center, for this company is planning to invest INR 400 crore. The data center will have the capacity for 1,000 racks and an IT load capacity of 10 MW.

Current Landscape of India Data Center Market

The report delineates key market participants and thoroughly assesses their strategic approaches, trends, innovations, and manufacturing infrastructure, enabling a forecast of their market impact over the next five years. The meticulously researched data presented holds the potential to distinguish even nascent market entrants in the long term. Armed with pertinent data and actionable insights, our research report delivers a comprehensive overview of the market, empowering investors and stakeholders to establish a robust presence in the India Data Center market. The research report profiles major players, including

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• CtrlS
• Sify Technologies
• ESDS Software Solutions
• NTT Limited
• Web Werks India Pvt. Ltd.
• STT Global Data Centers
• Yotta Data Services Private Limited
• Adaniconnex Private Limited
• Nxtra Data Limited
• Pi Data Centers
• Others

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