According to the latest report by IMARC Group, titled "India Data Center Market by Application (Banking Financial Services & Insurance (BFSI), Government, IT and Telecom, Media, Retail, Manufacturing, and Others), Type (Enterprise Data Centers, Colocation Data Centers, Edge Data Centers, Hyperscale Data Centers), Component (Hardware, Software, Service), Size (Small Data Center, Mid-Size Data Center, Large Data Center), and Region 2023-2028," the India data center market size reached US$ 4.04 Billion in 2022. India data centers are specialized facilities that house computer systems, servers, networking equipment, and storage devices. They are designed to store, manage, process, and distribute data for various purposes. These centers are the backbone of digital infrastructure, enabling businesses, organizations, and government entities to store and access their data securely and reliably. India data centers support various digital services, such as cloud computing, online applications, e-commerce, and social media platforms. They are built with robust physical and digital security measures to protect data from unauthorized access, natural disasters, and other potential risks. They typically feature redundant power supply systems, backup generators, cooling systems, fire suppression mechanisms, and strict access controls to ensure continuous availability and data integrity.
India Data Center Market Trends:
The rising digital transformation across various sectors, including e-commerce, Information Technology (IT), banking and finance, healthcare, education, and government services, and the increasing need for a robust infrastructure to store, process, and manage the data are major factors driving the market growth. Moreover, the increasing product demand due to the increasing availability and affordability of smartphones and internet connectivity is acting as another growth-inducing factor. Additionally, the growing popularity of data centers in India among organizations leveraging cloud platforms for scalability, cost-efficiency, and agility is creating a positive outlook for the market. Furthermore, the increasing government initiatives like Digital India, Make in India, and Smart Cities, which emphasize the importance of digital infrastructure and technology-driven solutions, have driven the need for data centers to support the government's digital services, citizen-centric applications, and data storage requirements. In line with this, the growing demand for data centers in India, owing to the increasing push for data localization and stricter data privacy regulations, has propelled businesses and organizations to store and process data within the country's borders, which in turn, is supporting the market growth. Apart from this, the rapid growth of e-commerce platforms, online marketplaces, and digital payment systems in India is anticipated to drive the market growth. Looking forward, the market value is projected to reach US$ 8.10 Billion by 2028, expanding at a CAGR of 12.20% during 2023-2028.
- Based on application, the market has been divided into Banking Financial Services and Insurance (BFSI), government, IT and telecom, media, retail, manufacturing, and others. According to the report, IT and telecom represented the largest segment.
- On the basis of type, the market has been categorized into enterprise data centers, colocation data centers, edge data centers, and hyperscale data centers.
- On the basis of components, the market has been segmented into hardware, software, and service. According to the report, hardware represents the largest segment.
- Based on the size, the market has been divided into small data centers, mid-size data centers, and large data centers.
- Region-wise, the market has been segmented into Maharashtra, Tamil Nadu, Uttar Pradesh, Gujarat, Karnataka, West Bengal, Rajasthan, Andhra Pradesh, Telangana, Madhya Pradesh, Delhi NCR, Punjab, Haryana, and others. Amongst these, Maharashtra is the leading market.
- The competitive landscape of the market has also been examined, with some of the key players being Adani Group, Arshiya Limited, CTRLS Datacenters Ltd., Equinix Inc., ESDS Software Solution Ltd., NetDataVault (NGBPS Limited), Nikom InfraSolutions Pvt. Ltd., Nippon Telegraph and Telephone Corporation, Nxtra Data Limited (Bharti Airtel Limited), Sify Technologies Limited, Sterling and Wilson Pvt. Ltd., Web Werks India Pvt. Ltd.
|Base Year of the Analysis
||Banking Financial Services & Insurance (BFSI), Government, IT and Telecom, Media, Retail, Manufacturing, Others
||Enterprise Data Centers, Colocation Data Centers, Edge Data Centers, Hyperscale Data Centers
||Hardware, Software, Service
||Small Data Center, Mid-Size Data Center, Large Data Center
||Maharashtra, Tamil Nadu, Uttar Pradesh, Gujarat, Karnataka, West Bengal, Rajasthan, Andhra Pradesh, Telangana, Madhya Pradesh, Delhi NCR, Punjab, Haryana, Others
||Adani Group, Arshiya Limited, CTRLS Datacenters Ltd., Equinix Inc., ESDS Software Solution Ltd., NetDataVault (NGBPS Limited), Nikom InfraSolutions Pvt. Ltd., Nippon Telegraph and Telephone Corporation, Nxtra Data Limited (Bharti Airtel Limited), Sify Technologies Limited, Sterling and Wilson Pvt. Ltd., Web Werks India Pvt. Ltd.
||10% Free Customization
|Report Price and Purchase Option
||Single User License: US$ 2299
Five User License: US$ 3399
Corporate License: US$ 4499
|Post-Sale Analyst Support
||PDF and Excel through Email (We can also provide the editable version of the report in PPT/Word format on special request)
IMARC Group is a leading market research company that offers management strategy and market research worldwide. We partner with clients in all sectors and regions to identify their highest-value opportunities, address their most critical challenges, and transform their businesses.
IMARC’s information products include major market, scientific, economic and technological developments for business leaders in pharmaceutical, industrial, and high technology organizations. Market forecasts and industry analysis for biotechnology, advanced materials, pharmaceuticals, food and beverage, travel and tourism, nanotechnology and novel processing methods are at the top of the company’s expertise.
134 N 4th St.
Brooklyn, NY 11249, USA
Americas:- +1 631 791 1145 | Africa and Europe :- +44-702-409-7331 | Asia: +91-120-433-0800, +91-120-433-0800