The Indian datacenter market is experiencing a wave of innovation, driven by advancements in power infrastructure, cooling solutions, and bandwidth pricing. As the concept of “Green IT” gains traction, both service providers and enterprises are focusing on building energy-efficient datacenters. This involves meticulous right-sizing, enhanced system architecture, and superior design. The integration of technologies like cloud computing and grid computing within datacenters is poised to unlock substantial growth potential in the Indian market.
Download Free Sample of This Strategic Report: https://www.reportocean.com/industry-verticals/sample-request?report_id=IR27
Additionally, the significant reduction in bandwidth costs is paving the way for affordable datacenter hosting. Key stakeholders fueling this growth include datacenter hosting players, high-speed internet bandwidth service providers, hardware vendors, power and cooling solution providers, and system integrators.
Region/Country Coverage
- Indian Market
Driving Forces Behind Indian Datacenter Infrastructure
The Indian datacenter infrastructure market is poised for future growth, primarily propelled by key verticals such as BFSI (Banking, Financial Services, and Insurance), manufacturing, public sector, and IT and telecom. The evolving Indian political landscape and increasing investments in the public sector are expected to be pivotal drivers for the Indian datacenter infrastructure market. The total Indian datacenter infrastructure market is projected to grow at a Compound Annual Growth Rate (CAGR) of 4.30% during the period from 2015 to 2020.
Segmental Growth:
- The storage segment is expected to lead with a CAGR of 5.76%.
- Servers and network equipment segments are forecasted to grow at CAGRs of 5.17% and 2.99%, respectively, during the same period.
The improving economic climate in the country is encouraging many enterprises to plan expansion, creating ample opportunities for service providers. In terms of data center types, third-party data centers are anticipated to grow faster than captives, as enterprises exhibit a growing interest in third-party data centers that allow them to concentrate on their core business areas. However, the industry faces challenges concerning data security when outsourcing to third-party vendors.
Key Players Shaping the Indian Datacenter Market
- TATA COMMUNICATIONS
- HEWLETT-PACKARD DEVELOPMENT COMPANY, L.P
- NETMAGIC SOLUTIONS
- WIPRO LIMITED
- CTRLS DATA CENTERS LIMITED
- TULIP TELECOM LTD
Why Purchase Market Research Report?
Informed Decision-Making:
- Market research reports provide valuable insights and data that help businesses make informed decisions.
- They offer comprehensive analysis of market trends, customer behavior, competitive landscape, and emerging opportunities, enabling businesses to identify potential risks and make strategic choices.
Market Understanding:
- Market research reports provide a deep understanding of the target market.
- They provide detailed information about market size, growth rate, market segmentation, and customer preferences.
- This knowledge helps businesses align their products, services, and marketing strategies with market demands.
Competitive Analysis:
- Market research reports include competitive intelligence, profiling key players in the market, their strategies, and market share.
- This information helps businesses benchmark themselves against competitors and identify opportunities for differentiation and growth.
Risk Mitigation:
- By analyzing market research reports, businesses can identify potential risks and challenges in the market.
- This allows them to develop risk mitigation strategies, adapt their business approach, and make informed decisions to minimize potential setbacks.
Market Opportunities:
- Market research reports highlight emerging market opportunities and trends.
- They provide insights into untapped segments, changing consumer preferences, and technological advancements.
- By leveraging this information, businesses can capitalize on market opportunities and gain a competitive edge.
Investment Evaluation:
- Market research reports assist businesses in evaluating investment opportunities.
- They provide data on market size, growth potential, and competitive landscape, helping businesses assess the feasibility and potential returns of investment projects.
Customer Insights:
- Market research reports offer valuable insights into customer behavior, preferences, and purchasing patterns.
- This knowledge helps businesses understand their target audience better and tailor their products, services, and marketing efforts to meet customer needs.
Strategic Planning:
- Market research reports provide a foundation for strategic planning.
- They offer a comprehensive view of the market, helping businesses set realistic goals, define their target audience, and develop effective strategies to achieve their objectives.
About Report Ocean:
We are the best market research reports provider in the industry. Report Ocean is the world’s leading research company, known for its informative research reports. We are committed to providing our clients with both quantitative and qualitative research results. As a part of our global network and comprehensive industry coverage, we offer in-depth knowledge, allowing informed and strategic business conclusions to report. We utilize the most recent technology and analysis tools along with our own unique research models and years of expertise, which assist us to create necessary details and facts that exceed expectations.