India’s Data Center Market Poised for Remarkable Growth, Fueled by Tech Giants and Evolving Trends 2023-2028
Discover India’s booming data center market. Insights on growth trends, investments, and tech giants shaping the landscape.
DUBLIN, August 14, 2023 /PRNewswire/ — The forthcoming years hold exciting prospects for India’s data center market, according to the latest report “India Data Center Market – Investment Analysis & Growth Opportunities 2023-2028,” now available through ResearchAndMarkets.com. Anticipated to flourish at a compelling CAGR of 10.69%, the market is projected to burgeon from $5.42 billion in 2022 to a staggering $9.96 billion by 2028.
Dynamic Landscape with Tech Powerhouses at the Helm
The data center landscape in India is undergoing dynamic changes, driven by substantial investments from both domestic and global operators. Notably, technology titans Microsoft and Amazon Web Services (AWS) have embarked on establishing their self-built data centers across the country. Their strategic engagement is set to instill a positive trajectory for long-term growth.
Market Snapshot and Vision
Encompassing a comprehensive analysis of the industry, this report delves into crucial aspects including IT, electrical, and mechanical infrastructure, alongside general construction and tier standards. The scope of this analysis spans across market sizing and investment projections for distinct segments.
India’s data center market stands as a dynamic force within the APAC region, attracting numerous new investments from both local and global players. The unfolding growth story is catalyzed by factors such as the rise of data localization laws and the surging demand for entertainment, mobile gaming, and online content.
States such as Maharashtra, Tamil Nadu, Telangana, and Uttar Pradesh are becoming incubators for innovative technologies like AI, IoT, and virtual reality, propelling investments in smart solutions and online payment systems.
Prominent Players and Visionaries
Key colocation investors, including Equinix, NTT Global Data Centers, Sify Technologies, and more, are actively contributing to the market’s upward trajectory. Microsoft and AWS, with their self-built data centers, are making significant strides to cater to India’s digitalization surge.
The Road Ahead: Why This Research Matters
By acquiring this research, stakeholders gain access to pivotal insights:
- Precise market sizing across investment, area, power capacity, and colocation revenue.
- Thorough evaluation of data center investments by colocation, hyperscale, and enterprise operators.
- In-depth insights into area and power capacity investments across different states.
- Comprehensive study of India’s existing data center landscape, accompanied by insightful predictions for the future.
Market Leaders and Infrastructure Providers
Leading the charge in IT infrastructure are prominent names including Arista Networks, Broadcom, Cisco Systems, Dell Technologies, and more. In the realm of construction, AECOM, DSCO Group, Larsen & Toubro, and other reputable names are driving progress. Meanwhile, support infrastructure is championed by industry stalwarts such as ABB, Eaton, Schneider Electric, and Siemens.
Future Visionaries and Innovators
Beyond the established players, newcomers like AdaniConneX, BAM Digital Realty, and Princeton Digital Group are carving their niche in the data center ecosystem.
Embracing Evolution: Existing vs. Upcoming Facilities
The report meticulously charts the landscape of existing and upcoming facilities, outlining their area, power capacity, and location. With over 100 existing facilities across Maharashtra, Tamil Nadu, Telangana, and Uttar Pradesh, the market is set for unprecedented growth.
Investing in Excellence: Mechanical and Electrical Infrastructure
From cooling systems to generators, switches, and more, the report sheds light on the robust infrastructure supporting India’s data centers.
Innovative Construction and Security Measures
The market’s expansion is also underpinned by core & shell development, engineering design, fire detection systems, and advanced security measures.
Pioneering Tier Standards
The report outlines the diverse tier standards in place, including Tier I & II, Tier III, and Tier IV data centers, each catering to different operational demands.
For more information about this insightful report, visit ResearchAndMarkets.com.
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