Servers - India

  • India
  • Revenue in the Servers market is projected to reach US$1.80bn in 2024.
  • Revenue is expected to show an annual growth rate (CAGR 2024-2029) of 10.61%, resulting in a market volume of US$2.98bn by 2029.
  • The average Spend per Employee in the Servers market is projected to reach US$3.31 in 2024.
  • In global comparison, most revenue will be generated in the United States (US$47,260m in 2024).

Key regions: Japan, India, China, United Kingdom, Europe

 
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Analyst Opinion

The Servers Market in the Data Center Market in India is seeing minimal growth due to factors such as slow adoption of digital technologies, lack of health awareness, and limited convenience with online services.

Customer preferences:
With the rise of cloud computing and the increasing adoption of internet-based services, the demand for servers in the data center market in India has been steadily increasing. This trend is driven by the need for faster and more reliable data processing, storage, and management. Additionally, the emergence of trends such as edge computing and the Internet of Things (IoT) has further fueled the demand for servers, as these technologies require a robust and efficient infrastructure to operate. Moreover, with the growing emphasis on digitalization and data-driven decision-making, it is expected that the demand for servers in the data center market will continue to rise in the coming years.

Trends in the market:
In India, the Servers Market within the Data Center Market is experiencing a surge in demand for cloud-based services, as businesses shift towards remote work and digital solutions. This trend is expected to continue as the country's digital infrastructure improves and more companies embrace digital transformation. Additionally, there is a growing focus on green data centers, with the government encouraging energy-efficient practices and renewable energy sources. This trend has significant implications for industry stakeholders, as it presents opportunities for growth and innovation, while also promoting sustainable practices in the data center market.

Local special circumstances:
In India, the Servers Market within the Data Center Market is thriving due to the country's rapid digital transformation and the government's focus on promoting digital infrastructure. With a large and diverse population, the demand for data storage and processing is on the rise, leading to a significant growth in the server market. Additionally, India's unique geographical and cultural landscape has also influenced the market, with the demand for secure and reliable data centers increasing in urban centers and emerging rural markets. The country's regulatory environment, with initiatives such as the Data Center Policy, has also played a crucial role in shaping the Servers Market, making it a highly competitive and dynamic industry.

Underlying macroeconomic factors:
The Servers Market within the Data Center Market in India is influenced by various macroeconomic factors. These include the country's economic growth, government policies, and global economic trends. The growing adoption of cloud computing and digital transformation initiatives in the country is driving the demand for data centers and servers. Additionally, the increasing number of internet users and the rise in e-commerce activities are fueling the growth of the data center market in India. Moreover, the government's initiatives to promote digitalization and the growing investments in the IT sector are expected to further boost the market growth. However, challenges such as high costs and lack of skilled workforce may hinder the market growth in the country.

Methodology

Data coverage:

The data encompasses B2B enterprises. Figures are based on hardware-related expenses of businesses for setting up and maintaining an IT infrastructure.

Modeling approach / Market size:

Market sizes are determined through a top-down approach, building on a specific rationale for each market segment. As a basis for evaluating markets, we use annual financial reports and national statistical offices. In addition, we use relevant key market indicators and data from country-specific associations, such as GDP and level of digitization. This data helps us estimate the market size for each country individually.

Forecasts:

In our forecasts, we apply diverse forecasting techniques. The selection of forecasting techniques, such as exponential trend smoothing and the S-curve function, is based on the behavior of the relevant market.

Additional notes:

The data is modeled using current exchange rates. The market is updated twice a year in case market dynamics change. The impact of the COVID-19 pandemic and the Russia-Ukraine war is considered at a country-specific level.

Overview

  • Revenue
  • Key Players
  • Analyst Opinion
  • Global Comparison
  • Methodology
  • Key Market Indicators
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