India Data Center Market report comprehensively covers the market by types, infrastructure types, verticals, and regions. The report provides an unbiased and detailed analysis of the ongoing trends, opportunities/high growth areas, market drivers, and market share by companies, which would help the stakeholders to devise and align their market strategies according to the current and future market dynamics.

Latest 2023 Development of India Data Center Market

India Data Center Market is projected to witness immense growth along with the latest developments in the market. For instance, Tier III and Tier IV data centres are expanding rapidly in India due to increasing demand for reliable and high-quality data storage and management services. The growth of this market is primarily driven by the increasing need for data centre services in the banking, healthcare, and IT industries. The growth of cloud-based data centres in India is a major development in the industry. Companies such as Amazon Web Services and Google Cloud are investing heavily in the development of cloud data centres in India to cater to the growing demand for cloud computing services.

Moreover, India is witnessing an increase in the number of green data centres, which are designed to be environmentally friendly. This trend is majorly driven by the awareness of the importance of sustainability in the data centre industry of India. The development of data centre parks is a growing trend in India and is designed to provide a secure environment for data centre operations. Furthermore, colocation data centres are becoming increasingly popular in India, as companies look for cost-effective and flexible data centre solutions. In addition, edge data centres are gaining popularity in India due to their ability to improve the performance of cloud and internet services. These data centres are being deployed in remote areas to improve the delivery of internet and cloud services to rural communities.

India Data Center Market Synopsis

India data centre market experienced 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 lockdowns and limitations. During the pandemic, IoT-enabled devices were widely used for monitoring and surveillance, particularly in the healthcare sector. According to the Department of Telecom (DoT), in April 2020, India’s internet consumption rose by 13% since the nationwide lockdown in March 2020. Furthermore, the government has launched several initiatives to promote data localization. These include GI Cloud Initiative / MeghRaj (2013), the Insolvency & Bankruptcy Code (IBC) (2016) and Storage of Payment System Data (2018), the Draft Data Protection Bill (2019), and the policy on data centre parks (2020), which are likely to further boost the demand for data storage and processing across the country. Also, Digital India, the government's flagship program aimed at transforming the country into a digital knowledge economy, is expected to spur the development of data centres in India.

According to 6Wresearch, the India Data Center Market size is projected to grow at a CAGR of 10.7% during 2021-2027. The market is likely to experience rapid growth in the forecast period on account of increased investment in big data analytics, and artificial intelligence combined with the 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 India Data Center Market Growth. Adoption of these technologies would lead to an increase in data volume and network bandwidth requirements, thereby resulting in the growing demand for the data centre market in the forecast period.

Market by Types

Within by types, cloud and colocation data centres cumulatively have captured more than 55% of the market revenues in 2020, with cloud data centres leading the market.  The segment generated the majority of the India Data Center market share in 2020 and is expected to retain its dominance over the forthcoming years as the pandemic has created a shift towards the adaptation of cloud services that are more secure and scalable as most businesses, government organizations, educational and healthcare institutions had to resort to remote collaboration to continue their operations which had a positive impact on the data centre market.

Market by Verticals Analysis

In India data centre market, Others which include e-commerce, entertainment, retailers, hospitality, media and energy have led the overall share accounting for more than 30% of the market revenues in 2020. The growth in this sector would be witnessed owing to the growing Indian e-commerce market that is expected to reach $111.40 billion by 2025 from $46.2 billion in 2020, the telehealth industry, online gaming and e-learning portals.

Key Attractiveness of the Report

• COVID-19 Impact on the Market.
• 10 Years Market Numbers.
• Historical Data Starting from 2017 to 2020.
• Base Year: 2020
• Forecast Data until 2027.
• Key Performance Indicators Impacting the Market.
• Major Upcoming Developments and Projects. 

Key Highlights of the Report

• India Data Center Market Overview
• India Data Center Market Outlook
• India Data Center Market Forecast
• 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
• 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
• Market Drivers and Restraints
• Value Chain and Ecosystem
• 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 

Market Scope and Segmentation

The report provides a detailed analysis of the following market segments:

By Types

• Enterprise Data Centers
• Managed Services Data Centers
• Colocation Data Centers
• Cloud Data Centers

By Infrastructure Types

• Tier I
• Tier II
• Tier III
• Tier IV

By Verticals

• BFSI
• Telecom & IT
• Government
• Healthcare
• Others (Hospitality, Retail, E-commerce, Entertainment and Media, Energy)

By Regions

• Northern
• Southern
• Western
• Eastern

Frequently Asked Questions About the Market Study:

1. Does the report consider COVID-19 impact?

The report not only has considered COVID-19 impact but also current market dynamics, trends and KPIs into consideration.

2. How much growth is expected in the India data center market over the coming years?

The India data center market revenue is anticipated to record a CAGR of 10.7% during 2021-27.

3. Which segment has captured a key share of the market?

By Type, Cloud data centres have dominated the market revenues led by increased adoption of cloud-based services during the Covid-19 pandemic.

4. Which segment is exhibited to gain traction over the forecast period?

By Infrastructure types, tier III would witness significant growth throughout the forecast period 2021-27.

5. Who are key the key players in the market?

The key players in the market include- NTT Global Data Centers and Cloud Infrastructure India Private Limited, STT Global Data Centres India Private Limited, and Yotta 6. Infrastructure Solutions LLP, Sify Technologies Limited., Adani Group, CtrlS Datacenters Ltd, Nxtra Data Limited, Web Werks India Pvt. Ltd., NxtGen Datacenter & Cloud Technologies Private Limited and Yondr Group Holdings B.V.

6. Is customization available in the market study?

Yes, we can do customization as per your requirements. Please feel free to write to us at sales@6wresearch.com for any customized or any other requirements.

7. We also want to have market reports for other countries/regions.

6Wresearch has a database of more than 60 countries globally, which can make us your first choice for all your research needs.