India Data Center Market is Expected to Register a Steady CAGR during the Forecast Period, 2025-2029

Growing data consumption has spurred the need to store and process data efficiently, which is expected to drive the India Data Center Market

According to TechSci Research report India Data Center Market - By Region, Competition, Forecast & Opportunities, 2019-2029F”, the India Data Center Market is expected to register robust growth during the forecast period 2025-2029, data protection is a worldwide concern, and it is quickly becoming a priority for the India government. The growing data consumption which has spurred the need to store and process data efficiently along with rising government investment to provide the physical data center space, are the primary reasons that are expected to dramatically increase demand for data centers in India. The Indian IT ministry intends to provide incentives for data centres under a national policy framework valued up to USD 1.832 Billion. A draught of the policy states that over the next five years, the government plans to invest up to USD 36 billion on the ecosystem of data centres. On announcing the Budget 2022–23, the finance minister gave the data centre sector infrastructure status. This will expedite the growth of data centers in India during the forecast period.

Moreover, the increase in smartphone users and an increase in the need for data and high bandwidth capacity is driving the India data center market. India's data center industry is expanding rapidly in the age of digitization. The nation is ideally positioned to serve as a hub for data centers specializing in cloud computing technologies including artificial intelligence, machine learning, and advanced analytical techniques. Furthermore, rising usage of big data solutions, IoT, and cloud-based solutions, among other things, is expected to drive market expansion through 2028. Measures taken by the government, such as the classification of data centers as infrastructure assets, Digital India projects etc. are likely to generate attractive prospects for market growth through 2028.

The India data center market is divided into solution, type, end user industry, and geographical segments. Based on the solution, the market is divided into IT Infrastructure, general infrastructure, electrical infrastructure, mechanical infrastructure, and other. The IT Infrastructure has showcased lucrative market growth in 2022 because of rising demand for digital infrastructure projects in industries such as banking/fintech, telecommunications, energy, smart agriculture, and government. Moreover, according to the Telecom Regulatory Authority of India (TRAI), “The Indian Telecom Services Performance Indicators” reports there were 336.60 million and 497.69 million internet subscribers in India’s rural and urban areas, respectively. Moreover, as per International Data Corporation (IDC), there is increased interest and demand for cloud services among the public and private sector enterprises as India is one of the largest data markets. IT technical training and IT consulting, management, software/enterprise applications (ERP and CRM systems, finance, and accounting software), data centers and data storage, and online services are all opportunities for service providers.

Browse over XX market data Figures spread through XX Pages and an in-depth TOC on the "India Data Center Market”

Owing to their proximity to end customers, Mumbai, Delhi-NCR, Bengaluru, and Chennai in India are the chosen places for data center development. The data localization requirement under India's Law on Cybersecurity, which requires both local and foreign companies collecting, analyzing, and processing personal data, data about relationships of users, or data generated by users in India, Data localization was never a mandate in India, therefore cross-border data flow is important for foreign businesses conducting business in India. The key justifications for having a data center in India are the needed facility that houses IT infrastructure for building, running, and delivering applications and services a were the primary drivers of the expansion in the India data center industry. To catch up with other nations in the data center business, India must, however, undertake a number of reforms, most notably by creating clear rules to oversee and advance this industry, to enhance the India Data Center market.

India Data Center Market is divided based on solution, type, and end user industry. Based on solution, the market is further bifurcated into IT infrastructure, general infrastructure, electrical infrastructure, mechanical infrastructure, and other. Based on type, the market is further bifurcated into corporate and web hosting. Based on end user industry, the market is further segmented into information technology & telecom, government, BFSI and healthcare and others.

Key market players in the India Data Center Market include:

• CtrlS Datacenters Ltd
• Nxtra Data Limited
• STT GDC India Private Limited
• Netmagic IT Services Private Limited
• ESDS Software Solution Pvt. Ltd.
• Sify Technologies Limited
• Tata Communications Limited
• GPX India Pvt Ltd
• Web Werks India Pvt. Ltd.
• NxtGen Data Center and Cloud Services Private Limited.

Download Free Sample Report

Customers can also request for 10% free customization on this report.

“Mumbai, being the largest residing populated region holds the largest market share of data centers at 49%, benefiting from the presence of a landing station and submarine cable connectivity in the India data center market. Delhi-NCR region ranks the second with around 17% of the total data center capacity, followed by Bengaluru. The introduction of 5G networks and cloud services will strengthen the region's digital economy and increase demand for high-bandwidth networking infrastructure. For instance, in February 2023, Bank of Maharashtra (BOM) announced the launch of its own private cloud platform as part of its high-performance cloud capabilities for digital infrastructure and hosting applications of the bank in India. In addition, the huge volume of internet traffic and the presence of several cloud services providers are further driving the market growth. Owing to investments from colocation providers along with data centers are constructions in major cities such as Mumbai and Chennai by significant corporations like Amazon Web Services, Adani Group, Oracle, Reliance Industries alliance with Microsoft Corporation , Yotta Infrastructure, and Blackstone's Lumina CloudInfra. Moreover, the implementation of the cybersecurity-related data localization law, which requires operators to build local data centers in India, has been a key element in the growth of the India data center market,” said Mr. Karan Chechi, Research Director with TechSci Research, a research-based global management consulting firm.

India Data Center Market by Solution (IT Infrastructure, General Infrastructure, Electrical Infrastructure, Mechanical Infrastructure and Other), By Type (Corporate and Web Hosting), By End User Industry (Information Technology & Telecom, Government, BFSI, Healthcare and Others), By Region, Competition, Forecast & Opportunities, 2028F has evaluated the future growth potential of India Data Center Market and provides statistics & information on market size, structure, and future market growth. The report's goal is to give current market knowledge and assist decision makers in making informed investment decisions. Furthermore, the study identifies and analyses emerging trends, as well as key drivers, challenges, and opportunities in the India Data Center Market.

Contact

Mr. Ken Mathews

708 Third Avenue,

Manhattan, NY,

New York – 10017

Tel: +1-646-360-1656

Email: [email protected]

Website: https://www.techsciresearch.com