India Data Center Market

India Data Center Market

India Data Center Market by Type (New Datacenter and Datacenter Rebuild), By Application (IT & Telecom, BFSI, Government, Healthcare, and Others) – Opportunities & Forecast, 2020-2027

GMI Research

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The market report studies the impact of COVID-19 on the market while covering many aspects of the industry such as market size, market status, emerging trends, and forecast. The report also offers a brief information of the competitors and the specific growth opportunities, along with key market drivers.

Key Drivers of India Data Center Market: The India Data Center market is witnessing strong demand in the upcoming years. This is mainly due to the increasing demand for data storage management and cloud technology during the forecast period. With the rising digital transformation in India, several leading players emphasize on implementing numerous advanced technologies such as big data, AI, machine learning, and other technologies. This factor will drive the demand for data center in the country. Furthermore, the rising trend of third-platform technologies and the rapid developments in the IoT and cloud computing have increased the demand for an enhanced level of computational data and networking sources. Additionally, the increasing trend of the green data center will positively impact on the emerging demand of the market.

The rising need to store data on the cloud has increased the demand for data centers in India. With the growing penetration of the internet and smart devices, there has been an increase in the volume of data generated worldwide. This factor will further surge the demand of the market. In 2020, the Ministry of Electronics and Information Technology (MeitY) drafted the “New Data Center Policy� which aims to decrease the number of clearances needed for setting up a data center. This is another factor that is responsible for the strong demand for the market during the forecast period.

India Data Center Market Segmentation: The India data center market has been segmented into the following categories: India Data Center Market by Product Type: • New Datacenter o Internal Datacenter 2

o Service Provider Datacenter • Datacenter Rebuild India Data Center Market by Application: • IT & Telecom • BFSI • Government • Healthcare • Others About GMI Research GMI Research is a market research and consulting firm which provides bespoke industry & market research to help businesses in making the toughest business decision. We know the significance of accurate data; that’s why our analyst use a tailored methodology to study every market in detail because one size doesn’t fit all.

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