Press release
Indian Data Center Market size was valued at USD 1.67 Billion in 2023 and the Indian Data Center Market revenue is expected to reach USD 3.56 Billion by 2030
Indian Data Center Market
Indian Data Center Market size was valued at USD 1.67 Billion in 2023 and the Indian Data Center Market revenue is expected to reach USD 3.56 Billion by 2030, at a CAGR of 11.4 percentage over the forecast period.
Indian Data Center Market Overview:
The Indian Data Center Market has seen significant growth, valued at USD 1.67 billion in 2023 and expected to reach USD 3.56 billion by 2030, with a robust CAGR of 11.4%. This expansion is driven by increasing digitalization, cloud adoption, and the demand for edge computing, supported by government initiatives to enhance infrastructure across sectors like e-commerce, healthcare, and banking. The market is primarily concentrated in major cities such as Mumbai, Delhi, Bengaluru, and Chennai, which account for a significant portion of the data center capacity in the country.
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Drivers in the Indian Data Center Market:
Key drivers include the rapid digital transformation across industries, leading to an increased demand for data storage and processing capabilities. The government's push towards digital initiatives, the rise in cloud computing, and the adoption of advanced technologies such as AI are also propelling the market. The expansion plans of global data center companies in India, coupled with the increasing internet user base, further contribute to market growth.
Indian Data Center Market Trends:
The market is witnessing a trend towards sustainable growth, with companies focusing on green data centers powered by renewable energy. Additionally, there is a shift towards hyperscale and edge data centers to meet the growing demands of cloud and AI services. Global players are increasingly investing in Indian data center infrastructure, signaling confidence in the market's potential.
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Indian Data Center Market Opportunities:
Opportunities in the market are abundant, particularly in the real estate and manufacturing sectors, where data centers are emerging as a distinct sub-sector. The push towards renewable energy sources also presents investment opportunities. The draft Data Centre Policy 2020 aims to boost domestic manufacturing of data center components, reducing reliance on imports and fostering local industry growth.
What is Indian Data Center Market Regional Insight?
The Indian Data Center Market is highly concentrated in metropolitan areas, with Mumbai leading as the largest hub, followed by Chennai, Delhi, and Bengaluru. These cities collectively account for a substantial share of data center sites and IT load capacities. Mumbai, in particular, has become a significant data center market in the Asia-Pacific region, reflecting India's commitment to expanding its digital infrastructure to meet rising demands.
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Segmentation Analysis of the Indian Data Center Market
by Industry Vertical
BFSI
Government
IT & Telecom
Media
Retail
Manufacturing
Others
by Component
Electrical
Mechanical
Security
Networking
Others
Who is the largest manufacturers of Indian Data Center Market worldwide?
1. Sify Technologies
2. Web Werks
3. CtrlS Datacenters Ltd
4. ESDS Software Solution Limited
5. Yotta
6. Netmagic Solutions
7. AWS
8. Gpx Global Systems
9. NxtGen
10. NTT Ltd
11. Nxtra Data Limited
12. Reliance
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Key Offerings:
Past Market Size and Competitive Landscape
Indian Data Center Market Size, Share, Size & Forecast by different segment
Market Dynamics - Growth Drivers, Restraints, Opportunities, and Key Trends by region
Indian Data Center Market Segmentation - A detailed analysis by Product
Competitive Landscape - Profiles of selected key players by region from a strategic perspective
Competitive landscape - Market Leaders, Market Followers, Regional player
Competitive benchmarking of key players by region
PESTLE Analysis
PORTER's analysis
Value chain and supply chain analysis
Legal Aspects of business by region
Lucrative business opportunities with SWOT analysis
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