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India's data center capacity in the top seven cities is expected to exceed one gigawatt by 2024, a three-fold increase in just four years. This trend is likely to intensify as 5G networks expand across the country, adding a record 230 megawatts of new capacity last year. The total colocation capacity in the top seven cities reached 884 MW in 2023, marking a 35% year-on-year increase.
Data Centres India: India's data center capacity in the top seven cities is expected to exceed one gigawatt by 2024, a three-fold increase in just four years. This trend is likely to intensify as 5G networks expand across the country, adding a record 230 megawatts of new capacity last year. The total colocation capacity in the top seven cities reached 884 MW in 2023, marking a 35% year-on-year increase.
Rollout of 5G services, global hyperscalers expanding their captive facilities and entry of new operators in India will ensure growth momentum, says Cushman and Wakefield report.
With many of the largest markets in the APAC region boasting particularly high land costs, only Ho Chi Minh City ranks within the top 10 for the land price category for data centres.
Singapore and Hong Kong were the only markets outside the United States to make the top ten; emerging markets are expected to make gains in the coming years.