India Server Market Is Anticipated To Grow At 10.27% CAGR In The Next 5 Years | TechSci Research
India server market was valued USD 2712.49 million in FY 2020 and is anticipated to grow at 10.27% CAGR in the next 5 years. Growing IT sector, digitalization and emergence of data centers are the factors favoring the growth of the server market in India. Growth in adoption of newer and continuous innovations like big data or cloud are having a great impact on the market growth. The emergence of start-ups in India is adding a fuel to the demand for servers in various sectors. New apps that work on back end specialized computing needs are utilizing cloud servers in order to have a smooth functioning from both the ends. Along with that the advanced technologies like virtualization and flash storage are surging the growth of sever market. Policies of the government in India are in favor of promoting digitalization and therefore the shift to online portals for different government activities is fueling the emergence of IT infrastructure. For the government to connect with people and ...