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India Data Center Market Size to Reach Revenues of over USD 8 Billion by 2026 - AriztonCHICAGO, March 30, 2021 /PRNewswire/ -- In-depth analysis and data-driven insights on the impact of COVID-19 included in this India data center market report. The India data center market is expected to grow at a CAGR of over 12% during the period 2020-2026. Key Highlights Offered in the Report: 1. The Indian data center market to cross USD 8 billion worth of investments by 2026, driven by the rise in digitalization initiatives, third party data center service demand, and proposed data localization law. 2. COVID-19 has been a catalyst for growth in demand for third-party data centers services in India, with several recent announcements concentrated towards hyperscale projects across the country. 3. The market is witnessing several new entrants such as Adani Group (AdaniConneX), Colt DCS, Bridge Data Centres, Equinix (GPX Global Systems), and Mantra Data Centers, which are developing hyperscale data center facilities to be operational in 2021 and 2022. 4. Majority of data center investment in 2020 in the country was contributed by Maharashtra, with an investment share of around 70%, followed by Tamil Nadu. 5. States such as Maharashtra, Telengana, and Uttar Pradesh are offering specific incentives for data center development, such as land at subsidized rates, waiver on stamp duty and electricity duty, and subsidy on electricity costs. Furthermore, in November 2020, Ministry of Electronics & Information Technology (MeitY) drafted a data center policy in India, which will have a significant impact on the market growth. 6. The governments of Maharashtra, Tamil Nadu, and Uttar Pradesh have signed multiple MoUs with various data center operators/developers to build hyperscale data center campuses. Key Offerings:
Get your sample today! https://www.arizton.com/market-reports/data-center-market-in-india-2025 India Data Center Market – Segmentation
India Data Center Market by Electrical Infrastructure
India Data Center Market by Mechanical Infrastructure
India Data Center Market by General Construction
India Data Center Market by Tier Standards
India Data Center Market – Dynamics The demand for data centers has increased due to the COVID-19 impact because of the increased access to internet-related services aided by the nation-wide lockdown imposed by the Government of India. Organizations across sectors such as IT services, BFSI, hospitals, and education have initiated remote working for their employees. During COVID-19, government agencies also adopted cloud-based services where the confidential state data is stored securely. Moreover, the dependence of the education sector on online platforms has increased, where projects, marks cards, documents, and other confidential files are shared using the portal or email of the institution. The need for video-conferencing platforms such as Zoom, Webex, and Google Meet has thus experienced a steep rise. Most enterprises across the country are conducting meetings, interviews, and other daily tasks using online platforms. Key Drivers and Trends fueling Market Growth:
India Data Center Market – Geography In terms of investment, Mumbai dominates the data center market in Maharashtra. The city attracts more data center investors due to the presence of submarine cable landing stations. A majority of the investment is made by colocation and telecommunication service providers. In 2020, Maharashtra witnessed data center investments of about $990 million. Mumbai attracted investments from colocation providers such as Bridge Data Centres, Colt DCS, CtrlS, NTT Global Data Centers (Netmagic), and Yotta Infrastructure (Hiranandani Group). Pune witnessed investments from colocation data center operators, government organizations, and enterprise data center operators such as Microsoft, State Bank of India, and Web Werks. In terms of colocation, the state attracted investments of around $740 million. Cloud service provider Microsoft is opening its Pune cloud regions, which is expected to be operational by Q2 2021. Get your sample today! https://www.arizton.com/market-reports/data-center-market-in-india-2025 India Data Center Market by Geography
Key Data Center Critical (IT) Infrastructure Providers
Key Data Center Support Infrastructure Providers
Key Data Center General Construction Contractors
Key Data Center Investors
New Entrants
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