Investment of more than $ 6.5 billion in India’s data center market in the last decade
New Delhi:
India’s Data Center (DC) industry has invested more than $ 6.5 billion between 2014 and 2024 through private equity, joint venture and acquisitions. This information was given in a latest report released on Monday. According to ‘India Data Center Market: Growth, Trends and Outlook’ by Eneroc Capital, India’s data center industry has developed rapidly between 2019 to 2024.
The capacity of the industry has increased from 590 MW to 1.4 GW in 2024 in 2019, which shows a capacity increase of 139 percent.
Average traffic also rises per smartphone
This bounce is being seen due to the increasing reach of the Internet, which has increased from 33.4 percent in 2019 to 55.2 percent in 2024. Data consumption per user has increased from 11.5 GB per month to 21.1 GB and average traffic per smartphone has also risen, which has increased from 13 GB to 32 GB.
Mumbai and Chennai dominate data center market
Mumbai and Chennai dominate the DC market, which is 70 percent of India’s total IT power capacity, out of which Mumbai alone is about half i.e. 49 percent. In these cities, Mumbai has seen a record -breaking supply increase in these cities with 92 percent in Mumbai and 340 percent in Chennai. It shows
According to the report, India has emerged as a hotspot for hypersscalers, adopting the ‘on -end’ model. In the last five years, about 440 acres of land has been acquired for the construction of hypersscalers in three major cities – Hyderabad, Mumbai and Pune.
78 percent revenue is generated by four major DC operators. He reported that the EBITDA growth has indicated stability after 2020. India is willing to play the role of global data infrastructure, with rapid growth in detta consumption, capital investment, hypersscaler activity and AI and stability, India is ready to play the role of global data infrastructure.