MarkNtel Advisors recently published a detailed industry analysis of the India Data Center Market. The report covers growth trends, geographical marketing strategies, challenges, opportunities, and drivers influencing the market.
India Data Center Market, Share, and Trends Analysis Report – Industry Overview and Forecast to 2030
The India Data Center Market size was valued at around USD 5.7 billion in 2024 and is projected to reach USD 12 billion by 2030. Along with this, the market is estimated to grow at a CAGR of around 13% during the forecast period, i.e., 2025-30.
Key Findings in India Data Center Market:
- Historical Analysis: 2020–2023
- Base Year: 2024
- Forecast Period: 2025–2030
Leading Market Players- CtrlS Datacenters Ltd., Equinix Inc., ESDS Software Solution Ltd., Go4hosting, NTT Global Data Centers & Cloud Infrastructure India Private Limited, Cisco Systems India Pvt. Ltd., Microsoft Corporation, Nxtra Data Ltd., Pi Datacenters Pvt. Ltd., Reliance Communications Ltd. (Reliance Data Centre), Adani Group, Sify Technologies Ltd., STT GDC Pte Ltd., WebWerks, Yotta Infrastructure Solutions, Tata Communications, and others
Key Highlights of the Report
- Market Dimensions & Projections
- Pricing Evaluation,
- Recent Strategic Moves by Companies,
- Primary Stakeholders,
- Analysis of Import and Export Trends,
- Competitive Landscape Assessment,
- Emerging Opportunities,
- Market Trends and Indicators
What are the major Driver the India Data Center industry?
Increasing Household Access to Broadband Driving Market Growth – The use of fiber optic cables which provide data transmission speeds of up to 10Gbps is creating high demand for the market. Demand for online services like; cloud computing, e-commerce, online education, and entertainment has created the need for substantial processing and data storage capacity in data centers. In March 2024, there were 10.96 million broadband subscribers in India as compared to 10.04 million in March 2023.
As per the Government’s BharatNet project, around 21.6 lakh Gramm Panchayats will have broadband access and shall be implemented in phases. Phase I which covered more than 1 lakh Gram Panchayats was completed in December 2017. By October 2022, the project had installed more than 6 Lakhs km of optical fiber cable, connected more than 1.9 Lakhs Gram Panchayats with Optic fiber cables, and had approximately 1.77 Lakhs Gram Panchayats that were ready for service. In addition, 4466 Gram Panchayats have been connected via satellite. For service 1.82 Lakhs Gram Panchayats are available. India's fiberization rate was approximately 38% as of October 2023. By 2025 the government intends to expand fiberization to 5 million kilometers. Thus, all these factors indicate the increasing household access to broadband, which ultimately drives the size & volume of the data center industry in India.
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What segments define the India Data Center Market from 2025 to 2030? How do these segments contribute to market dynamics and growth?
By Type
- Enterprise Data Centers- Market Size & Forecast 2020-2030, USD Million
- Colocation Data Centers- Market Size & Forecast 2020-2030, USD Million
- Edge Data Centers- Market Size & Forecast 2020-2030, USD Million
- Hyperscale Data Centers- Market Size & Forecast 2020-2030, USD Million
By Components
- Hardware- Market Size & Forecast 2020-2030, USD Million
- Software- Market Size & Forecast 2020-2030, USD Million
- Services- Market Size & Forecast 2020-2030, USD Million
According to report, Based on the components, the hardware segment dominates the India Data Center Market. It holds approx. 42.9% share of the total market value.
By Size
- Small Data Centers- Market Size & Forecast 2020-2030, USD Million
- Mid-Size Data Centers- Market Size & Forecast 2020-2030, USD Million
- Large Data Centers- Market Size & Forecast 2020-2030, USD Million
By Tier
- Tier 1 and 2- Market Size & Forecast 2020-2030, USD Million
- Tier 3- Market Size & Forecast 2020-2030, USD Million
- Tier 4- Market Size & Forecast 2020-2030, USD Million
By End User
- BSFI-Market Size & Forecast 2020-2030, USD Million
- Government-Market Size & Forecast 2020-2030, USD Million
- IT & Telecom-Market Size & Forecast 2020-2030, USD Million
- Media & Entertainment-Market Size & Forecast 2020-2030, USD Million
- Manufacturing-Market Size & Forecast 2020-2030, USD Million
- Others
According to report, Based on End User, IT & Telecom segment dominates the India Data Center Market. It occupies around 45% of the total market.
Explore the Complete India Data Center Market Analysis Report –https://www.marknteladvisors.com/research-library/india-data-center-market.html
Geographical Analysis: India Data Center Market
By City
- Bangalore
- Chennai
- Hyderabad
- Mumbai
- NCR
- Pune
- Rest of India
India Data Center Market Recent Development:
- August 2024: CtrlS Datacenters Ltd. acquired land in Patna for the establishment of its second data center in the region with an investment of around USD 474.53 million.
- January 2024: NTT Data launched a new data center facility in Noida, which is spread across six acres and provides 52.8MW critical IT load in two data storage centers.
Key Questions Addressed in This Study
- What are the primary factors driving the growth of the India Data Center Market?
- How is the India Data Center Market expected to evolve over the next five years?
- What key insights can be drawn from current trends shaping the market?
- What is the current market size, and how is it forecasted to change in the coming years?
- What is the future outlook for the market in terms of technological innovation and geographic expansion?
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Why MarkNtel Advisors?
MarkNtel Advisors is a leading research, consulting, & data analytics firm that provides an extensive range of strategic reports on diverse industry verticals. We deliver data to a substantial & varied client base, including multinational corporations, financial institutions, governments, & individuals, among others.
Our specialization in niche industries informed way and entail parameters like Go-to-Market (GTM), product development, feasibility analysis, project scoping, market segmentation, competitive benchmarking, market sizing & forecasting, & trend analysis, among others, for 15 diverse industrial verticals.
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