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Though the company did not specify the exact value of the contracts, as per its specification a large contract ranges between Rs 2,500 crore and Rs 5,000 crore
ResearchAndMarkets.com's offering. In-depth Analysis and Data-driven Insights on the Impact of COVID-19 Included in this Global Data Center Construction Market Report The data center construction market is expected to grow at a CAGR of 4.8% during the period 2021-2026. The global data center construction market continues to witness a slew of mergers and acquisitions, followed by joint ventures. The growing demand for data center services across industries has led service providers to collaborate, participate, and sign several mergers and acquisitions to expand their portfolios, expand their reach, and increase their penetration in the market. M & A activities have been followed up with joint ventures, which have acted as a catalyst for market growth. Although the market witnessed several mergers and acquisitions in 2020, the most remarkable ones are the acquisition of Digital Realty merger with Interxion in March 2020, Hypertec by Vantage Data Center in Nov 2020 in Canada. The APAC region witnessed a few high-profile mergers, however, the data center market in India observed two majors acquisitions in 2020 - Equinix's acquisition of GPX Global Systems in Aug 2020 and Carlyle Group's merger with Airtel Nxtra Data Center (25%).