70 likes | 84 Views
The pandemic has pushed the demand for cloud across the globe with digital transformation accelerating across industries, and the internet becoming a lifeline for people both for work as well as entertainment. This shift towards the cloud has pushed increased investments in hyper-scale datacentres with the global datacentre market investments expected to reach ~$200 billion per annum by 2025, and India is expected to account for 2.3% of these total investments. For more details visit: https://futureskillsprime.in/standalone-technology/big-data-analytics
E N D
THE NEXT DATACENTREHUB The pandemic has pushed the demand for cloud across the globe with digital transformation accelerating across industries, and internet becoming a lifeline for people both for work as well as entertainment. This shift towards cloud has pushed increased investments in hyper-scale datacentres with the global datacentre market investments expected to reach ~$200 billion per annum by 2025, and India is expected to account for 2.3% of these total investments.
Global Datacentre Market Cumulative investments of $1.3 trillion are expected over 2019-2025, with North America being the leading market in terms of investments, and MEA & LATAM being the fastest growing markets followed by APAC. With the increasing investment in hyper-scale datacentres the average size of datacentres as well their power capacity has increased manifold over the last decade. Majority of the global datacentre players are colocation providers, followed by cloud service providers. With growing investment opportunities, the market is witnessing increased interest from real estate and private equity players, and entry of many new players. IT Infrastructure accounts for ~77% share of total datacentre investments; with the rest being invested in electrical & mechanical infrastructure, and general construction. Focus on datacentre infrastructures, green datacentres, advanced IT Infrastructure, emergence of edge datacentres, AWS datacentres and market consolidation are the other key trends shaping up the market. Source: NASSCOM Report; India The Next DataCentre Hub
India Datacentre Market Major Datacentre Locations India datacentre market investments are expected to grow at a CAGR of 5% (~2X of the global market) to reach $4.6 billion per annum by 2025. Mumbai, Chennai, Bengaluru, Hyderabad, Delhi (NCR) - As they offer good fiber connectivity, proximity to customers, availability of skilled workforce, and submarine cable connectivity. India is well positioned to garner a larger share of global datacentre investments as it provides: significant cost advantage both in construction and operations; growing online market and international connectivity; ample skilled workforce; and majority investments in Tier IV datacentres. Selection Criteria Geographic location, power, fiber connectivity, and general construction & operations remain the key selection criteria for site selection before setting up a datacentre. Source: NASSCOM Report; India The Next DataCentre Hub
Outlook India has a huge potential to take a large share of global datacentre investments if it is able to act fast on implementing the recently announced datacentre draft policy growing the CAGR by 2X-3X, with annual investments reaching $6 -$8 billion by 2025. KEYRECOMMENDATIONS Faster implementation of Government’s draftpolicy Deemed approvalsfor regulatoryclearances Encourage use of renewableenergy Digitization of RFPs to lead byexample Level playing ground forall datacentreinvestments
India Datacentre Market – Key Takeaways India datacentre market is expected to reach ~$5 billion by 2025, primarily driven by growing internet penetration, increased cloud adoption, government’s digitization initiatives and the push towards localization. Cumulative investments of ~$28 billion expected over 2019-2025. At about $3.4 billion investments in 2019, India’s share in the global datacentre market stood at ~2%; in the base case scenario, by 2025, India’s share is estimated to be 2.3%. In terms of CAGR over 2019-2025, India is expected to grow at ~5%, 2X faster than global. India is currently home to 80+ third-party datacentres and is witnessing investments in around 15 projects annually, with growing presence of both local and international players. Majority of these investments are being done in outsourced datacentres which are gaining demand amidst increasing cloud adoption.
The India Advantage Majority of investments in India are focused on advanced Tier IV datacentres. India has a major cost advantage compared to matured regions both on development as well as operational costs. Availability of Engineering skillset. The Way Forward India needs to upskill and reskill its workforce in Big Data Analytics technology to fill this demand and build a resilient digital army. Upskill in Big Data Analytics tech with FutureSkills Prime and grow in your career.