Indian Data Center Market Size, Share, and Growth Forecast 2023 to 2030
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 % over the forecast period.
Indian Data Center Market Report Overview
The growth drivers and challenges, as well as company plans, procedures, and a detailed financial strategy, are all explored in the Indian Data Center Market research. Customization, as well as extensive information about Indian Data Center industry potential, meets customer expectations. In light of modern industrial conditions, this global Indian Data Center market study helps with structure planning.
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Indian Data Center Market Report Scope and Research Methodology
The report thoroughly analyzes the Indian Data Center Market by exploring various segments influenced by diverse factors. It examines the main drivers, limitations, potential growth opportunities, and challenges within the market. Furthermore, it offers a comprehensive overview of the competitive landscape and detailed insights to assist companies in identifying significant shifts in industry practices. Moreover, the report assesses the current state of the Indian Data Center industry, including anticipated future growth, technological advancements, investment opportunities, market dynamics, and financial information. The study provides a detailed evaluation of the size and growth rates of each regional market, presenting a holistic view of the industry. Additionally, it furnishes detailed information on key industry players, elucidating their strategies for maintaining and expanding their market presence.
Indian Data Center Market Dynamics:-
Mumbai has the highest share of data centre capacity in India at 50% followed by Chennai at 14%, with 880 million internet users, India needs more capacity. India’s data centre industry is only continuing to grow in 2024. The country’s digital transformation efforts have rapidly accelerated, which bring plenty of benefits to its economy. As of 2021, data centres across India occupied more than 8 million sq. ft. in space, with 60% of the total data centres located in Mumbai, Chennai, Delhi and Bangalore, which significantly boosts the Indian Data Center Market growth. Mumbai emerged as the third biggest data centre market in the Asia-Pacific (APAC) region in 2023, highlighting the country’s commitment to expanding its digital infrastructure.
In line with the increased demands of new technologies such as cloud and AI services, India is currently experiencing unprecedented digital growth. With demand, comes data, as Indian Data Center companies are committing to expanding their digital infrastructures in the region to meet rising customer needs - as well as committing to the Indian Data Center market. In, January 2024 saw world-leading data centre company Digital Realty unveil its first data centre in India. The inaugural data centre is located in Chennai and has the capacity to support up to 100 megawatts of critical IT load, marking a significant expansion for the company’s data centre platform. Digital Realty is anticipating India to become one of the largest economies by 2027 and so, like other data centre enterprises, is positioning itself to deliver cutting-edge technology to satisfy customer requirements amid rising demand.
Indian Data Center Market Regional Insights
The Indian Data Center market is divided into primary regions: North America, South America, Europe, the Middle East and Africa, and Asia Pacific. Each of these regions is further subdivided into specific countries, encompassing the United States, Canada, Mexico, the United Kingdom, Germany, France, Spain, Italy, other European countries, China, India, Japan, Australia, and South Korea.
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Indian Data Center Market Segmentation
by Industry
Vertical BFSI
Government
IT & Telecom
Media
Retail
Manufacturing
Others
by Component
Electrical
Mechanical
Security
Networking
Others
Indian Data Center Market Key Players
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
13. STT GDC
14. Tata Communications
15. Equinix
16. RackBank Datacenters Pvt. Ltd.
17. COLT DCS
18. Vertiv
19. AdaniConneX
Key Questions answered in the Indian Data Center Market Report are:
- What are the recent industry trends that can be implemented to generate additional
- revenue streams for the Indian Data Center Market?
- What segments are covered in the Indian Data Center Market?
- Who are the leading companies and what are their portfolios in Indian Data Center Market?
- What is Indian Data Center ?
- What was the Indian Data Center market size in 2023?
- What is the growth rate of the Indian Data Center Market?
- Which are the factors expected to drive the Indian Data Center market growth?
- Who are the key players in the Indian Data Center market?
- What segments are covered in the Indian Data Center Market?
- What are the different segments of the Indian Data Center Market?
- What growth strategies are the players considering to increase their presence in Indian Data Center ?
- What are the upcoming industry applications and trends for the Indian Data Center Market?
For further insights, explore the full report here: https://www.maximizemarketresearch.com/market-report/indian-data-center-market/29762/
Key Offerings:
- Past Market Size and Competitive Landscape (2018 to 2022)
- Past Pricing and price curve by region (2018 to 2022)
- Market Size, Share, Size & Forecast by Different Segment | 2024−2030
- Market Dynamics – Growth Drivers, Restraints, Opportunities, and Key Trends by Region
- Market Segmentation – A detailed analysis by segments with their sub-segments and Region
- 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
- Recommendations
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