In today’s world data has become a crucial asset of every firm and country. The use of the internet has dramatically increased in the last decade, providing individuals several benefits of a connected world, begins from making communication faster to accessing websites relatively much speed. As internet traffic is arising the amount of data available in digital format is increasing parallel manner
Applications: At a low level, data centers cater to service as the prominent repositories for all manner of IT equipment, servers, data storage points, and networking switches and firewalls.
Promotions by the Indian government
India has a vibrant opportunity to become a data center hub in Asia and in the world because of its stable and sustainable economy. According to new market research, the India Data Center Market size is expected to reach USD 1.5 billion by 2022 from USD 1.0 billion in 2018, with a CAGR of 11.4 percent during the forecast period.
Mumbai is occupying a significant part of data center developers in India with approximately 20 percent of market share, followed by Bengaluru. The majority of the companies belongs to the government in every sector have their respective data centers spread across Mumbai and Bengaluru. In order to promote G2C (Government to citizen services) in India, the government has launched the MeghRaj cloud.
The primary goal of these schemes is to build as many data centers in the state and central levels. So far 4 data centers were built in Madhya Pradesh and Maharashtra collectively and the fifth one is in progress in Bhopal
With the advent of Data localization, India would need proper IT infrastructure such as well-equipped data centers to store and process customer-focused data. This will mount up the data center market in India and assists to create innovative solutions and to increase the capacity and at some point increased security to the information stored.
Drivers
The primary driving forces in India would be the availability of huge real estate and competitive policies, along with ICT-capable human resources, and market factors such as uninterrupted growth in India’s mobile market and internet penetration.
eCommerce and online market growth in India has driven the market for colocation data centers in India and is expected to drive the market in a prospective manner. The rise in adopting technology by Small and medium-sized enterprises (SMEs) in every aspect bind with stringent government regulations that will shoot up the demand for more data centers in India.
Forecast
A recent study by Cushman and Wakefield has shown that digital data in India was around 40,000 petabytes in 2010 and is likely to rise to 2.3 million petabytes by 2020 — twice as fast as the global rate. If India contains all this data, it will become the second-largest investor and the fifth-largest in the data center market by 2050.
