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The increasing utilisation of data centers in the healthcare industry is bolstering the market growth. With the growing use of connected medical devices and cloud or edge networks for enhanced performance and flexibility in various hospitals, the demand for data infrastructure is increasing. The market is also being bolstered by the increasing use of data centers to enable advanced analytics and reduce patient length of stay while improving patient care coordination. Moreover, the growing availability of data center solutions that offer enhanced interconnectivity to meet evolving digital requirements of patients is anticipated to fuel the data center market growth in the forecast period.
India Data Center Market Growth
*While we strive to always give you current and accurate information, the numbers depicted on the website are indicative and may differ from the actual numbers in the main report. At Expert Market Research, we aim to bring you the latest insights and trends in the market. Using our analyses and forecasts, stakeholders can understand the market dynamics, navigate challenges, and capitalize on opportunities to make data-driven strategic decisions.*
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In 2023, the India data center market attained a value of nearly USD 5.90 billion.
The market is estimated to grow at a CAGR of 10.3% between 2024 and 2032.
The market is estimated to witness a healthy growth in the forecast period of 2024-2032 to reach about USD 14.26 billion by 2032.
The market is being aided by the increasing digital transformation, the introduction of various favourable government initiatives to boost investments in data centers, and the expansion of data center solutions.
The market growth can be attributed to the growing demand for high-speed data with low latency, the increasing adoption of data centers in the telecom industry, and the growing usage of data centers in the healthcare industry.
The major regions in the market in India include North India, South India, Central India, East India, and West India.
The various components of data center are services and solution.
The major IT infrastructures of data center in the market are network, server, and storage.
The significant electrical infrastructures in the market are UPS systems, generators, transfer switches and switchgears, and PDUs, among others.
The different mechanical infrastructures of data center are cooling systems and rack cabinets, among others.
The several general construction segments of data center are building development, installation and commissioning services, building design, physical security, and data center infrastructure management, among others.
The major industries of data center are banking, financial services, and insurance, healthcare, government and defence, manufacturing, IT and telecom, retail, and energy, among others.
The major players in the market are CTRLS Datacenters Ltd., Arshiya Limited., NTT Global Data Centers & Cloud Infrastructure India Private Limited, Sify Technologies Limited., Cisco Systems India Pvt. Ltd, Microsoft Corporation, and Reliance Communications Ltd. (Reliance Datacenter), among others.
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