The Future of Data Centers in India

India is a growing market for data centers. The country's low cost and a large pool of skilled workers are attractive factors for setting up a #datacenter in India. The government has outlined strict data localization guidelines to ensure that companies store consumer data within the country's boundaries. This has given a massive boost to the local data center industry.

Cloud computing

The demand for cloud services and the rapid growth of cloud computing has led to a rise in the need for data centers. The #datacenter market in India has grown at a rate of 11% annually, owing to the rising use of cloud technologies, digital transformation, social media, and industry 4.0 technologies. With the increasing demand for data, more businesses are opting for data centers as a backbone for their operations.

Colocation

The #datacenter industry in India has a bright future. The country offers a number of incentives to data center operators to build their own data centers. These incentives include reduced real estate and power costs, and lower upfront CAPEX costs.

Edge computing

Edge computing is an emerging technology that focuses on processing data closer to end-users. As this technology is becoming more mainstream, it will continue to be deployed in data centers in major cities. By 2022, edge #datacenters are expected to be completed in Kolkata, Pune, Kochi, and Jaipur.

Regulatory environment

The regulatory environment for #datacenters in India has a number of key components that must be met to facilitate its development. One of the most important elements is the availability of adequate funding for the data center business. This funding can come in the form of institutional debt or equity funding. The debt and equity markets for this sector are maturing and are now easier to access than in the past. Nonetheless, before applying for any funding, data center business owners should take advice from corporate finance advisers and legal experts.

Opportunities

With huge growth in digital consumption, India is one of the fastest-growing digital economies in the world. Last year, India was second only to China in the number of internet users. Its smartphone users have downloaded over 12 billion apps and consume an average of 8.3 GB of data per month. This rapid adoption of digital technology is expected to increase the need for data centers. The Indian government is trying to help businesses develop data centers by providing incentives.

Challenges

There are numerous challenges that #datacenter operators in India have to deal with, including limited resources and skilled labor. The data center industry is still relatively young in India and it requires a variety of specialized and complex expertise in order to function at global standards. Data center operators are expected to have multiple jobs ranging from project managers to technicians and analysts.