India Data Center Market - MarkNtel study

1. India Data Center Market Research Report: Forecast (2024-2030) • GET SAMPLE REPORT • MARKNTEL ADVISORS

2. Company Overviews • MarkNtel Advisors is a leading consulting, data analytics, and market research firm that provides an extensive range of strategic reports on diverse industry verticals. We being a qualitative & quantitative research company, strive to deliver data to a substantial & varied client base, including multinational corporations, financial institutions, governments, and individuals, among others. We have our existence across the market for many years and have conducted multi-industry research across 80+ countries, spreading our reach across numerous regions like America, Asia-Pacific, Europe, the Middle East & Africa, etc., and many countries across the regional scale, namely, the US, India, the Netherlands, Saudi Arabia, the UAE, Brazil, and several others.

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4. Market Insights The India Data Center Market size is valued at USD 3.2 billion in 2024 & is estimated to grow at a CAGR of around 6.5% during the forecast period, i.e., 2024-30. The growth in the data center market of India is driven by the combination of factors playing out together, enabling an ecosystem that will provide massive growth opportunities for businesses operating or planning to venture into this market. These key factors include the push from the government of India through policy changes for the localization of data generated in the country and the launch of the “Digital India” campaign necessary for the development of revolutionary digital products such as UPI, BHIM, digilocker, etc. Also, the massive rise in online transactions and e-commerce has further fueled the growth in the market.

5. Market Drivers Increasing Digitalization Driving Market Growth – There is a growing push towards digitalization that is driving huge growth in the India Data Center Market. The government of India aligning with its e-governance place in the wake of rapid digitalization of the country has launched campaigns such as “Digital India” which aims to develop and shape the digital economy of the country. Additionally, the government has also seen the dire need for data localization learning from the scenario of Western countries unilaterally removing Russia from the global SWIFT payment system, a medium that should not have been touched for political motives. Given that much of India’s data is stored outside the country and to maintain its strategic autonomy India is witnessing the push for data localization. Furthermore, the development of digital payment systems such as UPI, enabled the entire ecosystem of online payment applications.

6. Market Segments By Infrastructure (By IT Infrastructure [Servers, Storage, Network], By Electrical and Mechanical Infrastructure [Cabling, Uninterrupted Power Supplies, Cooling Systems, Others]), By Type (Enterprise Data Centers, Colocation Data Centers, Cloud Data Centers, Edge Data Centers), By Tier Standards (Basic site infrastructure [Tier I], Redundant-capacity component site infrastructure [Tier II], Concurrently maintainable site infrastructure [Tier III], Fault-tolerant site infrastructure [Tier IV]), By End User (Banking, Financial Services and Insurance [BFSI], Telecommunication & IT, Government, Energy & Utility, Healthcare) Others

7. Top Companies

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10. MarkNtel Advisors Target Geographies- Focus Areas • MarkNtel has strategically defined its target areas which are based on evaluation by its analysts after analysing the growth potential of various regions. Few of those parameters include: • -Political, Economic, Social, Technological and Environmental Analysis • -Credit Ratings provided by leading institutions • -GDP projections by bodies such as the World Bank, IMF, OECD, etc. • -Market Disruptions and the “Next Big Things”

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