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India Data Center Market To Achieve A High CAGR Of 11.4% During Forecast Period

The market is driven by the deeper internet penetration, increase in digital data traffic, public cloud services, and higher expected growth for IoT.<br><br>Read More:u00a0https://cutt.ly/IJXFgX0

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India Data Center Market To Achieve A High CAGR Of 11.4% During Forecast Period

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  1. Downloaded from: justpaste.it/758lm India Data Center Market Size To Reach USD 1.5 Billion By 2022 | New Opportunities Planning By MarketsandMarkets™ India Data Center Market According to a research report "India Data Center Market by Component (Electrical, Mechanical, Communication, Security), Model (Captive, Outsourced), Vertical (BFSI, Telecom and ITES, Defense), Trends, Vendor Ecosystem Analysis, and Porters Five Forces Analysis - Forecast to 2022" published by MarketsandMarkets, The India data center market size is projected to reach USD 1.5 billion by 2022 from USD 1.0 billion in 2018, growing at a CAGR of 11.4% during the forecast period. The market growth is driven deeper internet penetration, increase in digital data traffic, public cloud services, and higher expected growth for IoT. Browse 13 market data Tables and 18 Figures spread through 72 Pages and in-depth TOC on "India Data Center Market by Component (Electrical, Mechanical, Communication, Security), Model (Captive, Outsourced), Vertical (BFSI, Telecom and ITES, Defense), Trends, Vendor Ecosystem Analysis, and Porters Five Forces Analysis - Forecast to 2022" Request Free Sample Report @ https://www.marketsandmarkets.com/requestsampleNew.asp?id=173006400 By industry verticals, the IT & telecom sector is expected to lead the market during the forecast period. The IT & telecom segment is expected to lead the data center market in India. Media & entertainment, retail (eCommerce), and manufacturing sectors are the next significant verticals that require the most number of data centers. The government is increasingly reliant on IT- intensive services to improve its performance and has developed many Government-to-Citizen (G2C) delivery platforms, such as the National eGovernance Plan (NeGP), e-visa, and National CSR Data portal. By components, the electrical segment will lead the market during the forecast period. The electrical segment is set to lead the data center market in India during the forecast period. The majority of the capital investment goes into electrical and power systems, including substations, distribution transformers, diesel Driver: Public Cloud Services Market Will Double by 2020 Higher cloud adoption will lead to a rise in the volume of data generation and hence, an increase in requirement for data storage and processing. Also, the Indian government’s National Digital Communications Policy in 2018 has mandated data localization in the country, which means cloud providers will have to set up their data centers in India.

  2. Opportunity: High growth of the hyper-converged infrastructure market HCI (hyper-converged infrastructure) equipment is power-hungry and requires energy management solutions to reduce operating costs. Energy-efficient solutions and devices would be an attractive option here for HCI providers to reduce energy consumption. Hence, the demand for energy-efficient solutions and accessories will increase. Key India Data Center Market Players CTRLS, ST Telemedia, ESDS, Netmgagic, Sterling & Wilson. About MarketsandMarkets™ MarketsandMarkets™ provides quantified B2B research on 30,000 high growth niche opportunities/threats which will impact 70% to 80% of worldwide companies’ revenues. Currently servicing 7500 customers worldwide including 80% of global Fortune 1000 companies as clients. Almost 75,000 top officers across eight industries worldwide approach MarketsandMarkets™ for their painpoints around revenues decisions. Our 850 fulltime analyst and SMEs at MarketsandMarkets™ are tracking global high growth markets following the “Growth Engagement Model —GEM”. The GEM aims at proactive collaboration with the clients to identify new opportunities, identify most important customers, write “Attack, avoid and defend” strategies, identify sources of incremental revenues for both the company and its competitors. MarketsandMarkets™ now coming up with 1,500 MicroQuadrants (Positioning top players across leaders, emerging companies, innovators, strategic players) annually in high growth emerging segments. MarketsandMarkets™ is determined to benefit more than 10,000 companies this year for their revenue planning and help them take their innovations/disruptions early to the market by providing them research ahead of the curve. MarketsandMarkets’s flagship competitive intelligence and market research platform, “Knowledgestore” connects over 200,000 markets and entire value chains for deeper understanding of the unmet insights along with market sizing and forecasts of niche markets. Contact: Mr. Aashish Mehra MarketsandMarkets™ INC. 630 Dundee Road Suite 430 Northbrook, IL 60062 USA : 1–888–600–6441

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