India Data Center Market
The GMI Research forecasts that the India Data Center Market is witnessing an upsurge in demand over the forecast period. This is mainly due to the increasing internet penetration, government regulations for data generation, and rising investment by foreign players.
Introduction of the India Data Center Market:
Data centers refer to the centralized locations where computing and networking equipment are used for the purpose of collecting, storing, processing, distributing, or enabling access to a large volume of data. The data center’s design is based on a network of computing and storage resources that allows the delivery of shared data and applications.
India Data Center Market Dynamics (including market size, share, trends, forecast, growth, forecast, and industry analysis)
The crucial drivers responsible for the growth of the India Data Center market include the evolving tendency of the emerging trend of third-platform technologies, accompanied by the ongoing enhancements in the IoT and cloud computing and the increasing need to store data on the cloud. In addition, the mounting demand for data storage management and cloud technology and the rising trend of a green data center will strengthen the market size. The accelerating penetration of smartphones and the internet has amplified the volume of data created across the nation. Furthermore, the aggravating digital transformation has persuaded many leading corporations to focus on executing several sophisticated technologies such as big data, AI, and machine learning, which is thereby supplementing the market growth. The Ministry of Electronics and Information Technology (MeitY), in 2020, drafted the “New Data Center Policy” with the main motive to reduce the number of clearance required for setting up a data center. This is contributing to the growing demand of the market in the coming years.
India Data Center Market Segmentation:
Segmentation by Product Type
- New Datacenter
- Internal Datacenter
- Service Provider Datacenter
- Datacenter Rebuild
Segmentation by Application
- IT & Telecom
- BFSI
- Government
- Healthcare
- Others
About GMI Research
GMI Research is a market research and consulting company that offers business sights and market research reports for every enterprise, including small & medium enterprises and large organizations. Our research team helps the clients to understand the impact of market dynamics such as market size, share, drivers, growth opportunities, and other aspects. We have a team of analysts and industry experts who conduct market intelligence studies to ensure relevant and fact-based research across a wide range of sectors such as FMCG, Technology, Energy, Healthcare, and other industries. We collect relevant information about the industry using both internal and external databases. Our main focus is to keep our clients abridged of the emerging opportunities and challenges in a wide range of industries. We provide step-by-step assistance to our client through strategic and consulting services to reach a managerial and actionable decision. Featured in the ‘Top 20 Most Promising Market Research Consultants’ list of Silicon India Magazine in 2018, we at GMI Research are always looking forward to helping businesses stay ahead of the curve.
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