18 Aug2020
In this Market Briefing, join us as we take a deep dive into one of the most exciting countries for the data center and cloud industries.
The need for data centers in India is growing exponentially, as data consumption and generation by half a billion digital users is reaching unprecedented levels.
India's directive for data localisation has influenced expansion plans by the likes of AWS, Airtel, Oracle, Google and Jio in partnership with Microsoft Azure.
It is with no doubt this demand will continue to increase, driven by surges in cloud adoption, digital transformation and social media usage, as well as new Industry 4.0 technologies like 5G, AI and the Internet of Things.
As a result, the India data center market has a forecasted value of US$3.2 billion by 2024.
Agenda - 18th August 2020
India data center market size is expected to grow at a CAGR of around 5% during the period 2019-2025.
Chennai could fast emerge as one the most prominent private data centre hubs in the south, with at least six companies committing more than Rs 12,000 crore investments.
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The prestigious research and advisory consultancy, Frost & Sullivan has awarded STT GDC India with the Best Practices Company of the Year award in the India data centre colocation services industry for the fourth time in a row.
Considered as the Gateway to East India, the city of Kolkata has seen a rise in number of data centres that provide the needed infrastructure and backbone for the scaling of local businesses.
Global damages due to cybercrime are expected to top US$ 6 trillion in 2021. There are at least 17 types of cyberattacks that threaten data centre security and businesses the world over.