India Data Center and Cloud Services Market Growth 2023, Upcoming Trends, Revenue, Key Manufacturers, Future Opportunities and Forecast Report 2032: SPER Market Research

A data center is a facility or dedicated space that holds computer systems and associated components for the storage, processing, and distribution of data and applications. IT operations comprise infrastructure for power backups, data communications connections, environmental controls, and other security devices since they are critical for company activities and continuity. The report examines the present market footprint and expected growth in the Indian data center business.

According to SPER market research, ‘India Data Center and Cloud Services Market Size- By Data Center Industry, By Cloud Industry – Regional Outlook, Competitive Strategies and Segment Forecast to 2032’ state that the India Data Center and Cloud Services  Market is predicted to reach USD XX billion by 2032 with a CAGR of XX%.

The Indian data center market has been constantly growing. Data localization regulations, government digitization programs, the rapid shift from cloud to edge computing, an increase in the outsourcing of data center services, and other reasons have all contributed to the revenue growth of the data center business in India. India is a key player in the APAC data center market. Data centers are critical to the internet’s infrastructure, economic production, and national security. With escalating Cloud demand and data consumption and generation by more than a billion digital users, India’s data center infrastructure is expanding at an exponential rate.

Indian colocation providers are gradually converting to solar energy in an effort to lower their carbon footprint. For instance, NxtGen’s data center in Bidadi, Karnataka, uses solar energy for a portion of its power needs. In the next five years, CtrlS wants to make all of its datacenters solar-enabled. The demand for UPS and generators in data centers will change as more data centers switch to solar power.

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COVID-19 Impact on India Data Center and Cloud Services Market

The COVID-19 outbreak prompted a new wave of digital revolution across the country. Businesses are increasingly using third-party colocation facilities for data center operations, which is reinforced by a rising shift toward a hybrid IT strategy that takes use of the synergies of hosted data centers and multi-cloud architectures.The data center market in India is expected to grow favorably due to the expansion of new players’ enterprises.

India Data Center and Cloud Services Market Key Players

Furthermore. The India data center and cloud services market is characterized by significant investments from both domestic and international firms, which are being pushed by the country’s digital transformation, rising e-commerce industry, and government programs such as Digital India. The regional variances reflect the numerous requirements and opportunities found throughout India, making it a very dynamic and competitive market. Additionally, some of the market key players are Alibaba Cloud, Amazon Web Services, CtrlS, Google Cloud, Microsoft Azure, NTT Communication- Netmagic, NxtGen, Nxtra, Sify Technologies, STT GDC India, Web Werks.