India data center market expected to value over USD 2 billion by 2026 end and register a CAGR of over 11% from 2019 to 2026.
With an increase in investments by international and national industries in the Indian market, especially in the major industrialised cities such as Mumbai, Bangalore and Hyderabad. There is a mounting need for innovative infrastructure due to the growth of established hyper-scale facilities owing to the enormous power capacity of over 50 MW. The establishment of hyper-scale facilities and technology in the industrialised cities drives the India data centre market.
The increasing application of high-performance infrastructure in industries is resulting in the thriving of rack power density to about 8-10 kW in the India data centre market. The market is soaring due to the rise in the adoption of cloud-based services on a global level as well.
The adoption of cloud-based services is growing significantly worldwide. With expanding the integration of smartphones in daily lives, the central government has emphasized the importance of increasing cloud and data centre investment in the Indian market.
Innovation in the market is eagerly welcomed and opens up new trade avenues along with providing lucrative growth opportunities. The Indian government launched MeghRaj Cloud to accelerate G2C services delivery. Under this scheme, the vast construction of national and state data centers have been built and are being built in numerous states. Heavy investment by various domestic providers such as CtrlS, Netmagic, and Reliance are investing aggressively in cities like Mumbai, Bengaluru, and Hyderabad. In addition, strict government regulation for companies to store their data locally will boost the market for captive datacenters and cloud providers such as Amazon, Microsoft, and IBM have launched their own datacenters in India.
Recent Developments in the Market
Substantial investments and intricate plans by domestic providers, such as CtrlS, Netmagic, Sify, and NxtGen, are predicted to expand the market. For instance, GPX Global Systems continues its expansion in India with the addition of GPX Mumbai 2, a 16MW Tier 4 carrier-neutral facility which will be available late Q1 2019.
CtrlS has launched a USD 73-million project in Bengaluru and will be adding new data centers in Hyderabad and Mumbai within 3 years. This is speculated to augment the market exponentially.
Furthermore, Ascendas-Singbridge is investing $1 billion in new constructions in Chennai, Mumbai, and Hyderabad. While the government is also focusing on establishing more state data centers and is taking efforts for the same.
With an investment of about USD 680 million by the Maharashtra state government, Asia’s largest data center would be set up in Sindhudurg, to enhance connection. NTT has already launched a hyperscale data center each in Mumbai and Bengaluru.
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India Data Center Market Segmentation
By Model
• Captive
• Outsourced
By Component
• Electrical
• Mechanical
• Communication
• Security
By Vertical
• BFSI
• Telecom and ITES
• Defence
By Region:
• Maharashtra
• Karnataka
• Telangana
• Haryana
• Tamil Nadu
• Other states
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Competitive Landscape:
• Tier 1 players- established companies in the market with a major market share
• Tier 2 players
• Emerging players which are growing rapidly
• New Entrants
FutureWise Takeaways
• Growth prospects
• SWOT analysis
• Key trends
• Key data points affecting market growth
Objectives of the Study:
• To provide an exhaustive analysis on the India data centre market by product type, by model, by component, by vertical and by region
• To cater comprehensive information on factors impacting market growth (drivers, restraints, opportunities, and industry-specific restraints)
• To evaluate and forecast micro-markets and the overall market
• To predict the market size, in key regions (along with countries)—North America, Europe, Asia Pacific, Latin America, and the Middle East.
• To record evaluate and competitive landscape mapping- product launches, technological advancements, mergers and expansions
• Profiling of companies to evaluate their market shares, strategies, financials and core competencies
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