India Data Center Market Outlook (2021-2027)
Market Forecast By Types (Enterprise Data Center, Managed Data Center, Cloud Data Center, Colocation Data Center), By Infrastructure Types (Tier I, Tier II, Tier III, Tier IV), By Applications (BFSI, Telecom & IT, Government, Healthcare, Others (Hospitality, Retail)), By Regions (Northern, Southern, Western, Eastern) And Competitive Landscape
According to 6Wresearch, India Data Center Market size is projected to grow at a CAGR of 10.7% during 2021-2027. The market is likely to experience a rapid growth in the forecast period on account of increased investment in big data analytics, artificial intelligence combined with rollout of 5G technology across the country. Further, cloud services are being embraced by businesses in a variety of industries, including banking, financial services, insurance, IT & telecommunications, energy & utilities, media & entertainment, and manufacturing, which is boosting the data center market. Adoption of these technologies would lead to increase in data volume and network bandwidth requirements, thereby resulting in growing demand for data center market in the forecast period.
India data center market experienced a significant growth in the year 2020 on account of the COVID-19 pandemic, which resulted in increased access to internet related services assisted by countrywide lockdown and limitations. India has a huge data consuming market, a growing submarine cable connectivity system, and a stable geography (with most cities not prone to frequent earthquakes/other natural disasters). These factors coupled with the increasing shift towards cloud makes India a hotspot for data centers.
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Market by Types
Within by types, cloud and colocation data center cumulatively have captured more than 55% of the market revenues in 2020, with cloud data centers leading the market.
Key Highlights of the Report
India Data Center Market Overview
India Data Center Market Outlook
Market Drivers and Restraints
Value Chain and Ecosystem
India Data Center Market Forecast
Industry Life Cycle
Porter’s Five Force Analysis
Impact Analysis of COVID-19
Market Trends
India Data Center Market Revenue Share, By Companies
Competitive Benchmarking
Company Profiles
Key Strategic Recommendations
Historical Data and Forecast of India Data Center Market Revenues, By Infrastructure Types, for the Period 2017-2027F
Historical Data and Forecast of India Data Center Market Revenues, By Verticals, for the Period 2017-2027F
Historical Data and Forecast of India Data Center Market Revenues, By Regions, for the Period 2017-2027F
Historical Data and Forecast of India Data Center Market Revenues for the Period 2017-2027F
Historical Data and Forecast of India Data Center Market Revenues, By Types, for the Period 2017-2027F
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