TMCnet News
India $1.95 Billion Datacenter Power and Cooling Market to 2025 - Emergence of Alternate Source of Power and Cooling TechnologiesDUBLIN, Dec. 6, 2019 /PRNewswire/ -- The "Indian Datacenter Power and Cooling Market" report has been added to ResearchAndMarkets.com's offering. Due to the growth of data and cloud services, datacenters are expected to grow at a CAGR of 9.1% in India, up from $1,062.7 million in 2018 to $1,950.0 million by 2025. The IT and telecom vertical holds the largest market share in 2019 due to the vertical's affinity toward technology and also the technological know-how. The public sector is estimated to be the fastest-growing vertical due to favourable government initiatives, such as smart cities and the MeghRaj initiative. Internet users in India have crossed 560 million in 2019 due to the government's efforts for last-mile connectivity to rural areas. To tap into this great potential, many companies are striving across verticals to provide digital services. Mumbai is a preferred location for DC vendors due to the presence of multiple Power Genco companies offering services and also for being the financial capital of India. Hyderabad is an upcoming city as the best suitable location for disaster recovery services. The power & cooling segment of the Indian datacenter market is estimated to be $623.3 million in 2019 and is expected to reach $1,065.5 million by 2025, growing at a CAGR of 9.4% during the forecast period 2019-2025. New technologies, including Li-ion battery usage for storage and new cooling technologies, will play a vital role in determining DC space required per server. These factors will reduce floor space usage and increase server/sq. ft. ratio in DCs. DC efficiency will be increased, and this is expected to impact directly during the forecast period. DCs procure power lines from more than one transformer to maintain consistency in power so that the servers are online even when one line is down as redundant source. Power is the most important component of a datacenter. It is the component with the second-highest expenditure after construction and real-estate. The competition between colocation vendors to provide best infrastructure with highest uptime and lowest PUE is driving DC vendors to spend for better technology and good quality products in the power segment. Cooling technologies are evolving with the increase in data. Many new technologies, such as cryptocurrencies, AI, and ML, that feed on data have increased the importance of datacenter and server efficiency. Redundancy for power and cooling is a major factor for datacenter. Redundancies may account for a huge portion of CapEx in India due to the unexpected power cuts or technical failures in various components. The recent spurt in the eCommerce sector through online marketplace spread has driven the datacenters market in India. For example, Flipkart has launched its second datacenter in India, partnering with CtrlS (a colocation service provider). Market Dynamics Drivers
Restraints
Opportunities
Company Profiles
For more information about this report visit https://www.researchandmarkets.com/r/jq5iz8 Research and Markets also offers Custom Research services providing focused, comprehensive and tailored research. Media Contact: Research and Markets View original content:http://www.prnewswire.com/news-releases/india-1-95-billion-datacenter-power-and-cooling-market-to-2025---emergence-of-alternate-source-of-power-and-cooling-technologies-300970635.html SOURCE Research and Markets |