Data Center Industry in India to 2026 - Featuring Arista Networks, ATOS and Broadcom Among Others
April 16, 2021 06:23 ET
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Research and Markets
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The India data center market by investment is expected to grow at a CAGR of over 12% during the period 2020-2026.
The India market is witnessing significant investment from colocation service providers due to high demand from BFSI, logistics, transportation, e-commerce, and government agencies, fueled by the outbreak of the COVID-19 pandemic. Several global colocation and data center service providers have been shown a tremendous inclination toward the Indian data center market, which is likely to contribute to the market growth. For instance, in August 2020, Equinix entered India with the acquisition of GPX Global Systems in Mumbai, which is likely to close by Q2 2021. In December 2020, Adani Group announced to set up a hyperscale data center facility with an investment of around $340 million in Chennai.