Information Communication and Technology Reports India Data Center

India Data Center Market size is extrapolated to reach USD 1.5 billion by 2022 from USD 1.0 billion in 2018, at a CAGR of 11.4% According to a new market research report” India Data Center Market by Component (Electrical, Mechanical, Communication, Security), Model (Captive, Outsourced), Vertical (BFSI, Telecom and ITES, Defense), Trends, Vendor Ecosystem Analysis, and Porters Five Forces Analysis - Forecast to 2022", published by MarketsandMarkets™, The India data center market size is projected to reach USD 1.5 billion by 2022 from USD 1.0 billion in 2018, growing at a CAGR of 11.4% during the forecast period. The market growth is driven deeper internet penetration, increase in digital data traffic, public cloud services, and higher expected growth for IoT. Browse and in-depth TOC on “India Data Center Market” 13 - Tables 18 - Figures 72 - Pages Ask for PDF Brochure @ https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=173006400 Key India Data Center Market Players Fujitsu (Japan), Honeywell (US), NEC (Japan), Siemens (Germany), IBM (US), Johnson Controls (US), Hikvision (China), Dahua Technology (China), and Schneider Electric (France) are some of the key players in the India data center market providing physical infrastructure. Apart from these, there are many colocation services vendors in India, such as Netmagic, Ctrl S, ESDS, Prasa, and Sterling & Wilson. MarketsandMarkets expects the India data center market size to grow from USD 1.0 billion in 2018 to USD 1.5 billion by 2022, at a Compound Annual Growth Rate (CAGR) of 11.4% during the forecast period. The datacenter market potential in India is currently underutilized, but it is expected to witness healthy growth in the coming years. Indian government policies are conducive for the market growth. It has set up objectives in National Digital Communications Policy in 2018 (NDCP-2018) to boost Digital India initiative, which needs to be achieved by 2022. Captive is the highest market share holding segment in India, however, the colocation model is growing fast which will hold equal market share of captive in the coming years. The government initiatives will help colocation service providers to gain market share. Currently, the captive model holds more than 60% of market share in India and colocation (outsourced) model captures about 40% market share. However, the gap is expected to be bridged in the coming years, where the captive model will lose about 5% market share and colocation will gain 5% share in India. The electrical components segment has the highest market share among all components, which is more than 40%. Further breakup of the electrical components market segment reveals the Power Distribution Unit (PDUs) and UPS commands more than 40% of market share among all electrical components.