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 Overview:
The Indian Data Center Market analysis provides a comprehensive picture of competition, including the market share and company profiles of the worldwide industry’s top rivals. The research scope covers a complete analysis of the Indian Data Center Market... moreIndian 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 Overview:
The Indian Data Center Market analysis provides a comprehensive picture of competition, including the market share and company profiles of the worldwide industry’s top rivals. The research scope covers a complete analysis of the Indian Data Center Market, as well as the causes for variances in the industry’s growth in various places
To identify and collect material suitable for this study, this research study makes considerable use of secondary sources, directories, and databases, such as annual reports, press releases, journals, corporate websites, and databases.
Indian Data Center Market Drivers:
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.
Individual market influencing elements and changes in market legislation that affect current and future market trends are also included in the regional component of the Indian Data Center Market study. Current and future trends are examined to assess the entire market potential and uncover profitable trends to get a more stable footing. The geographical market assessment is based on the present environment and expected developments.
Key Questions Answered in the Indian Data Center Market Report are:
1. What are the growth drivers for the Global Market?
2. What are the major restraints for the Global Indian Data Center Market growth?
3. Which region is expected to lead the Global Indian Data Center Market during the forecast period?
4. What is the projected market size & and growth rate of the Global Indian Data Center Market?
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