India Data Center Market By Solution, By Type, By End User Industry, By Region, Competition Forecast and Opportunities, FY2027

The India data center market is expected to grow at a significant CAGR for the forecast period, FY2023-FY2027. India is undergoing digital transformation and generating vast amounts of data. High internet penetration and the proliferation of intelligent devices influence market demand. India's data center market is witnessing substantial growth opportunities from four major cities: Mumbai, Delhi, Bengaluru, and Chennai. The need for data centers is growing exponentially due to the rapid adoption of cloud technology and advanced technologies for real-time monitoring and analysis. The majority of people are youth in the country, and the growing awareness benefits of using digital technology further contribute to the market demand.

A data center is defined as the facility used to store, process, and disseminate data and applications. They are crucial to ensure the continuity of operations as they house an organization's most critical and propriety assets. 

Browse Full Report@
https://www.techsciresearch.com/report/india-data-center-market/8070.html

Market Players

CtrlS Datacenters Ltd, STT GDC India, Netmagic IT Services Private Limited, ESDS Software Solution Pvt. Ltd., Sterling & Wilson, Arista Networks, Atos India, Cisco System India Pvt. Ltd., Dell Technologies India, Huawei Technologies India Private Limited, are among the major market players in the India region that led the market growth of the India data center market.

Supportive Government Policies Favors Market Growth

The Government of India has drafted a policy to boost the growth of the data center market in the country. The Ministry of Electronics & Information Technology said under the policy that the Government would provide the required infrastructure for the development of the data center sector to bring it on the same level as the prominent verticals such as power, railway, and roadways industry. The government policies are easing the process of availing long-term credits from international and domestic lenders, which is expected to simplify setting data centers into the country. The government is working on providing incentives for constructing hyper-scale data centers. The launch of favorable schemes and policies aims to improve the existing data center capacity and accelerate the manufacturing of drones and robotics technology. The government is promoting the digitization of all private and public institutions. Schemes like Digital India to make sure that government services are available to citizens through the electronic medium significantly contribute to the increased market growth in the next five years. Programs like Common Services Centres (CSCS), Centre for Excellence for Internet of Things (CoE-IT), Bharat Broadband Network (BBNL), Digitize India Platform is strengthening the demand for the construction of data centers in the country.

Growing Adoption of Cloud Technology Supports Market Demand  

Cloud technology is witnessing accelerated adoption by enterprises due to the growing awareness about the benefits of using cloud technology. High demand for the E-commerce channels as they play a significant role in boosting the country's economy is fueling the adoption of cloud technology to handle large volumes of data. Transportation, manufacturing, IT & telecom, logistics, and retail are some of the major industries using cloud technology to process, store, and manage their data. Cloud services are accessible from remote locations, affordable, flexible, and scalable, making them highly desirable to adopt by the industries. A project such as Smart City Mission, including the construction of smart cities in the country using the internet of things technology, connected devices, and sensors, bolsters the demand for cloud technology. The surge in the number of market players, the growing use of advanced technologies by companies to stay ahead in the market, and the rise in consumer awareness about using cloud technology is expected to fuel the adoption of cloud technology in the forecast period.


Click here to download the sample

Market Segmentation

The India Data Center market is segmented on the basis of solution, type, end user industry, regional distribution, and competition landscape. Based on the solution, the market is divided into IT infrastructure, general infrastructure, electrical infrastructure, mechanical infrastructure, and others. Based on the type, the market is divided into corporate and web hosting. Based on end user industry, the market is divided into IT & telecom, government, BFSI, healthcare and others. The market is also studied on the basis of regional distribution and the regions are majorly divided into North, East, South and West.

About TechSci Research

TechSci Research is a leading global market research firm publishing premium market research reports. Serving 700 global clients with more than 600 premium market research studies, TechSci Research is serving clients across 11 different industrial verticals. TechSci Research specializes in research-based consulting assignments in high growth and emerging markets, leading technologies and niche applications. Our workforce of more than 100 fulltime Analysts and Consultants employing innovative research solutions and tracking global and country specific high growth markets helps TechSci clients to lead rather than follow market trends.

Contact

Mr. Ken Mathews

708 Third Avenue,

Manhattan, NY,

New York – 10017

Tel: +1-646-360-1656

Email: sales@techsciresearch.com

Website: https://www.techsciresearch.com

Comments

Popular posts from this blog

Saudi Arabia Inductor Market Analysis By Inductance, Size, Share, Trend, Competition, Future Growth Forecast 2027 | TechSci Research

Global Multi-Cloud Management Market Analysis By Platform, Size, Share, Trend, Competition, Future Growth Forecast 2027 | TechSci Research

Vietnam Telecom Market Demand Is Driven By The Proliferation Of Smartphones And Increase In The Fixed Broadband Subscribers | TechSci Research