Riding The Indian Digital Data Tsunami

Backed by an ambitious Government, India is riding a massive digital wave. From booking cabs (Uber, Ola) to ordering food (Swiggy, Zomato), consumers in increasing numbers are taking the online route today. Given the relentless pace and ever-evolving business models, it is no wonder that enterprises are stepping up their investments in data centers.

The Indian Data Center market is growing at a robust CAGR of 11.4%, and is expected to scale USD 1.5 billion by 2022; up from USD 1.0 billion in 2018. Major growth factors include deeper internet penetration, an increase in digital data, public cloud services, along with a sizeable growth in IoT (Source: Research and Markets).

All of this is set to accelerate further, given the Government’s focus on data localization, which encourages businesses to locally host their data. This will no doubt trigger a wave of new investments in ramping up data center capacity.