Wednesday, May 4, 2022

India Data Center Market To Achieve A High CAGR Of 11.4% During Forecast Period 2014-2022

According to a research report "India Data Center Market to define, describe, segment, and forecast by Captive, Outsourced, Electrical, Mechanical and Communication. Also strategically analyze the micromarkets with respect to individual growth trends, prospects, and contributions to the overall market and provide detailed information about major factors (drivers, opportunities, and challenges) influencing market growth - 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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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

Public Cloud Services Market Will Double by 2020

Higher cloud adoption will lead to a rise in the volume of data generation and hence, an increase in requirement for data storage and processing. Also, the Indian government’s National Digital Communications Policy in 2018 has mandated data localization in the country, which means cloud providers will have to set up their data centers in India.

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Public Cloud Services Market Will Double by 2020

Higher cloud adoption will lead to a rise in the volume of data generation and hence, an increase in requirement for data storage and processing. Also, the Indian government’s National Digital Communications Policy in 2018 has mandated data localization in the country, which means cloud providers will have to set up their data centers in India.

By region, Mumbai is expected to lead the market during the forecast period.

Mumbai is projected to lead the market share during the forecast period. >75% of the data centers are located in major Indian cities, such as Mumbai, Bengaluru, Chennai, New Delhi, and Hyderabad. Mumbai and Bengaluru are providing Infrastructure to most data centers, as they are hubs for BFSI(Banking, financial services, and insurance) and IT & ITeS start-ups.  

Key market players profiled in this report CTRLS, ST Telemedia, ESDS, Netmgagic, Sterling & Wilson.

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Our 850 fulltime analyst and SMEs at MarketsandMarkets™ are tracking global high growth markets following the "Growth Engagement Model – GEM". The GEM aims at proactive collaboration with the clients to identify new opportunities, identify most important customers, write "Attack, avoid and defend" strategies, identify sources of incremental revenues for both the company and its competitors. MarketsandMarkets™ now coming up with 1,500 MicroQuadrants (Positioning top players across leaders, emerging companies, innovators, strategic players) annually in high growth emerging segments. MarketsandMarkets™ is determined to benefit more than 10,000 companies this year for their revenue planning and help them take their innovations/disruptions early to the market by providing them research ahead of the curve.

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