India data center market size is expected to grow at a CAGR of around 5% during the period 2019-2025.
Key Highlights Offered in the Report:
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Data Center Market in India - Segmentation
Market Segmentation by IT Infrastructure
Market Segmentation by Electrical Infrastructure
Market Segmentation by Mechanical Infrastructure
Market Segmentation by General Infrastructure
Market Segmentation by Tier Standards
Data Center Market in India â€“ Dynamics
In the 2018-2019 National Budget, the Government of India has emphasized the importance of increasing cloud and data center investment in the Indian market. Telangana, Gujarat, Andhra Pradesh, and Mumbai, where government bodies are providing incentives for data center development. The Uttar Pradesh government proposed incentives for data center development in August 2019. Many other states are offering data center related incentives as part of their IT/ITeS policies or Industrial Policies. In Karnataka, the Industry Policy 2014-2019 ended in September 2019. The government is working on a new policy, which is likely to be released by Q2 2020. The government also started an initiative namely MeghRaj to ensure that service providers hosting government-based cloud applications should store the related data within the country. This has prompted government-owned organizations such as the National Informatics Centre (NIC), ITI, and Center for Development of Advanced Computing to continuously invest in data centers to improve the digital (cloud-based) services offered by various government agencies in the country.
Key Drivers and Trends fueling Market Growth:
Data Center Market in India â€“ Geography
North America is the largest segment of the global pro microphone market in terms of revenue and unit shipment. The penetration of pro AV systems remains all-time high in the US and Canada. China, Japan, Australia, South Korea, and India, where sound reinforcement systems are witnessing a high surge in their demand, are leading the APAC market. Europe, which is led by the UK, Germany, and France is witnessing the demand for new pro AV systems, while upgrades and replacements are also driving market growth. The market growth in Latin America was fueled by the Summer Olympics 2016 in Brazil. The increasing popularity of Latin music in other parts of the world has also propelled the market growth of the music industry in the region. However, political unrest in Venezuela, economic dwindling of Brazilâ€™s economy, and natural disasters would affect the market growth in the region.
Market Segmentation by Geography
Data Center Critical (IT) Infrastructure Providers
Prominent Support Infrastructure and Construction Services Providers
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