News: India’s Data center Market to Touch $4.5 billion mark by 2018
India’s datacentre market is going northward with the demands coming from infrastructure growth. Enterprise IT World spoke to Kalyan Muppaneni, Founder & CEO, Pi DATACENTERS to know about their strategy in the market. excerpts.
How big is the datacentre market in India?
Indian data center infrastructure market currently valuing at $2.2 billion, is expected to touch $4.5 billion mark by 2018. It is predicted that India would move to be the second-largest market for data centers in Asia Pacific by 2020, with investments reaching $7 billion. The growth owes to the pooling demand from verticals like BFSI, Telecom, IT & ITES. Organization’s dependence on data and their inclination towards optimization of business processes drives this demand while state initiatives like Digital India support them.