The data center market in India has seen good growth in 2014 and expected to continue the same trend during the period 2014-2015, According to Infoholic Research, a market intelligence company. While the market as a whole has been growing at a reasonable rate, it has been the storage segment which has grown most impressively compared to servers & network equipment segments. The data canter market in India which includes storage, servers and network equipment expected to reach $2.1 billion by the end of 2015 growing at 5.4% from (2014 – 2015).
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“The market is largely driven by the key verticals such as manufacturing, Banking, Financial services and Insurance (BFSI),” said Tariq Shaik, Research Operations. The data center market penetration in BFSI and manufacturing is expected to be more than 50% by the end of 2015. The increased amount of data in BFSI, need to optimize the rate of production and efficiency in manufacturing sector are expected to drive the data center market in India from (2015-2020).
The key trends in Indian market includes virtualization and consolidation, green computing are impacting the landscape while the emerging trends such as data, data center in a box, network convergence, center automation and usage of Ethernet are expected to bring new trends in Indian data center market. The primary focus of enterprises is to reduce cost consistency in services results in the consolidation of data centers.
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- The network equipment segment is the largest segment of data center market by value with a major share of 46.6% followed by the servers and storage segments with a share of 33.1% and 20.2% respectively
- The data center storage segment expected grow at a CAGR of 5.16% during the period 2015-2020.
- The data center market in India expected to reach US2.45 billion by the end of 2020 growing at a CAGR of 3.72%
Ms. Sunanda Ganguli
Infoholic Research LLP