According to a research report "India Data Center Market is driven by the deeper internet penetration, increase in digital data traffic, public cloud services, and higher expected growth for IoT. India Data Center Market define, describe, segment, and forecast by Captive, Outsourced, Electrical, Mechanical and Communication - Global Forecast to 2022" published by MarketsandMarkets. The India data center market size is expected to reach USD 1.5 billion by 2022 from USD 1.0 billion in 2018, at a Compound Annual Growth Rate (CAGR) of 11.4% during the forecast period.
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By industry verticals, the IT & telecom
sector is expected to lead the market during the forecast period.
The IT & telecom
segment is expected to lead the data center market in India. Media &
entertainment, retail (eCommerce), and manufacturing sectors are the next
significant verticals that require the most number of data centers. The
government is increasingly reliant on IT-intensive services to improve its
performance and has developed many Government-to-Citizen (G2C) delivery
platforms, such as the National eGovernance Plan (NeGP), e-visa, and National
CSR Data portal.
By components, the electrical segment will
lead the market during the forecast period.
The electrical segment is set to lead
the data center market in India during the forecast period. The majority of the
capital investment goes into electrical and power systems, including
substations, distribution transformers, diesel
By 2022, the outsourced model of datacenters
will make almost equal market share.
The captive model, however, will still
hold a majority of share, due to strict government regulations for various
industry verticals making them to spend on captive datacenters to localize
their data processing.
IT & Telecom is the top industry vertical
with the most of the data center development in India, followed by BFSI
eCommerce and online marketplace
proliferation in India has driven the market for colocation datacenters in
India and is expected to drive the market in the coming years as well. Higher
adoption of technology by SMEs in every sector combined with stringent
government regulations will spur the demand for more datacenters in India.
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Mumbai
is the prime focus of data center developers in India with more than 20% of
market share, followed by Bengaluru
Indian
government has launched MeghRaj cloud to accelerate G2C services delivery.
Under the scheme, many national datacenters and state datacenters have been
built and many are being built in various states, such as Maharashtra and
Madhya Pradesh. For example, NIC has already built 4 NDCs in India and the
fifth one is coming up in Bhopal.
Fujitsu
(Japan), Honeywell (US), NEC (Japan), Siemens (Germany), IBM (US), Johnson
Controls (US), Hikvision (China), Dahua Technology (China), and Schneider
Electric (France) are some of the key players in the India data center market
providing physical infrastructure. Apart from these, there are many colocation
services vendors in India, such as Netmagic, Ctrl S, ESDS, Prasa, and Sterling
& Wilson.
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