Press release
India Data Center Market Size Witnesses Robust Growth Rate of CAGR 12.20%, Exceeding US$ 8.10 Billion by 2028
The India data center market size reached US$ 4.04 Billion in 2022. Looking forward, IMARC Group expects the market to reach US$ 8.10 Billion by 2028, exhibiting a growth rate (CAGR) of 12.20% during 2023-2028.
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What are India data center market?
A data center represents a critical infrastructure facility that usually encompasses several storage systems, networking equipment, servers, and other computing resources. It aids in storing, managing, and processing vast amounts of data for numerous purposes, such as running applications, storing files, hosting websites, and supporting cloud services. A data center is specifically designed with a focus on reliability, scalability, and security.
It has backup generators, redundant power supplies, and advanced cooling systems to ensure uninterrupted operation. Efficient management of data centers is important for minimizing energy consumption and optimizing resource utilization. Consequently, it finds extensive applications across numerous industries, including e-commerce, healthcare, telecommunications, etc.
What are the growth prospects and trends in the India data center market industry?
The rising number of internet users and the increasing usage of smartphones are primarily driving the India data center market. Additionally, the launch of favorable policies by government bodies to promote digital services is further bolstering the market growth. Besides this, the escalating demand for data centers that can provide reliable and secure cloud services to businesses and individuals is acting as another significant growth-inducing factor.
Moreover, the introduction of data center parks and operators and continuous improvements in the information technology (IT) sector are propelling the market growth across the country. Apart from this, the widespread adoption of cloud computing services for storage, data processing, and scalable infrastructures and the emerging trend of automated solutions are also stimulating the market growth. Furthermore, the inflating popularity of Big Data is anticipated to fuel the India data center market over the forecasted period.
Who are the key players operating in the industry?
The report covers the major market players including:
Adani Group
Arshiya Limited
CTRLS Datacenters Ltd.
Equinix Inc.
ESDS Software Solution Ltd.
NetDataVault (NGBPS Limited)
Nikom InfraSolutions Pvt. Ltd.
Nippon Telegraph and Telephone Corporation
Nxtra Data Limited (Bharti Airtel Limited)
Sify Technologies Limited
Sterling and Wilson Pvt. Ltd.
Web Werks India Pvt. Ltd.
What is included in market segmentation?
The report has segmented the market into the following categories:
Application Insights:
Banking Financial Services & Insurance (BFSI)
Government
IT and Telecom
Media
Retail
Manufacturing
Others
Type Insights:
Enterprise Data Centers
Colocation Data Centers
Edge Data Centers
Hyperscale Data Centers
Component Insights:
Hardware
Software
Service
Size Insights:
Small Data Center
Mid-Size Data Center
Large Data Center
Regional Insights:
Maharashtra
Tamil Nadu
Uttar Pradesh
Gujarat
Karnataka
West Bengal
Rajasthan
Andhra Pradesh
Telangana
Madhya Pradesh
Delhi NCR
Punjab
Haryana
Others
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Key Highlights of the Report:
Market Performance (2017-2022)
Market Outlook (2023-2028)
Market Trends
Market Drivers and Success Factors
The Impact of COVID-19 on the Global Market
Value Chain Analysis
Structure of the Global Market
Comprehensive mapping of the competitive landscape
Note: If you need specific information that is not currently within the scope of the report, we will provide it to you as a part of the customization.
Media Contact:
Company Name: IMARC Group
Contact Person: Elena Anderson
Email: sales@imarcgroup.com
Phone: +1-631-791-1145
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City: Brooklyn
State: NY
Country: United States
About Us:
IMARC Group is a leading market research company that offers management strategy and market research worldwide. We partner with clients in all sectors and regions to identify their highest-value opportunities, address their most critical challenges, and transform their businesses.
Our offerings include comprehensive market intelligence in the form of research reports, production cost reports, feasibility studies, and consulting services. Our team, which includes experienced researchers and analysts from various industries, is dedicated to providing high-quality data and insights to our clientele, ranging from small and medium businesses to Fortune 1000 corporations.
IMARC's information products include major market, scientific, economic and technological developments for business leaders in pharmaceutical, industrial, and high technology organizations. Market forecasts and industry analysis for biotechnology, advanced materials, pharmaceuticals, food and beverage, travel and tourism, nanotechnology and novel processing methods are at the top of the company's expertise.
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