DATA CENTRES: THE NEW GLOBAL INFRASTRUCTURE
The Data Centre information technology (IT) power capacity in India is expected to reach about 800 Mw during 2021-2024, progressing at a compounded annual growth rate (CAGR) of 16 per cent, according to a recent report by Praxis Global Alliance, a global management consulting and advisory firm. Data Centre revenue is progressing at a CAGR of 8 per cent, and is projected to reach $4 billion during the forecast period.
1 THE INDIAN DATA CENTRE INDUSTRY ATTRACTED AROUND $238 MILLION WORTH OF PRIVATE EQUITY INVESTMENTS IN 2020
2 The top 8 Data Centre players account for above $6 million sq ft, while Mumbai currently accounts for about 50 per cent of all Data Centre building space in India
3 The demand for hyperscale Data Centres is growing rapidly, and captive Data Centres are moving towards third party Colocation (Colo)-type Data Centre business models
4 Domestic players are witnessing a CAGR of about 20 per cent; margin profiles are becoming better with increased scale
5 India has lower average monthly charges than other developed countries, due to lower cost and increasing demand
6 India’s draft Data Centre policy aims at creating a sustainable ecosystem for Data Centre players with supporting infrastructure and skilled manpower availability
7 Upcoming technologies related to the internet of things, artificial intelligence and machine learning, predictive maintenance, and big data would increase the demand for Data Centres
8 Going ahead, key end-use segments such as autonomous vehicles, e-commerce, social media, and connected devices would drive the growth for Data Centres
9 In India, Data Centres are used by large customers across industries such as IT; banking, financial services and insurance (BFSI); e-commerce and social media, which require storage of a large volume of customer data and together contribute 75-80 per cent of total data consumption
10 DATA CONSUMPTION IN INDIA ON A PER CAPITA BASIS IS FAR LOWER THAN IN ITS ASIAN AND WESTERN COUNTERPARTS.