New York, December 19: Market Research Engine has published a new report titled as “Data Center Infrastructure Market in India, By Products (Storage, Servers, Network Equipments), By Verticals (Manufacturing, BFSI, Public Sectors, IT & Telecom, Retail, Transportation, Energy, Healthcare, Media & Entertainment) – Trends & Forecast, 2015-2020”
The data center infrastructure market in India, which includes storage, servers and network equipment, is expected to reach $2.01 billion by the end of 2015 growing at 5.4% from 2014–2015.
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The data center infrastructure market in India has seen a good growth in 2014 and expected to continue the same trend during the period 2014–2015. While the market as a whole has been growing at a reasonable rate, it is the storage segment, which has grown most impressively compared to servers and network equipment segments.
“The market is largely driven by the key verticals such as manufacturing, Banking, Financial services and Insurance (BFSI),” The data center infrastructure market penetration in BFSI and manufacturing is expected to be more than 50% by the end of 2015. The increased amount of data in BFSI needs to optimize the rate of production, and the efficiency in the manufacturing sector is expected to drive the data center infrastructure market in India from 2015–2020.
The key trends in the Indian market include virtualization; consolidation and green computing are impacting the landscape, while the emerging trends such as data, data center in a box, network convergence, center automation and usage of Ethernet are expected to bring new trends in Indian data center infrastructure market. The primary focus of enterprises is to reduce cost consistency in services which result in the consolidation of data centers.
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• The network equipment segment is the largest segment of data center infrastructure markets by value with a major share of 46.6%, followed by the servers and storage segments with a share of 33.1% and 20.2%, respectively.
• The data center storage segment is expected grow at a CAGR of 5.16% during the period 2015–2020.
• The data center infrastructure market in India is expected to reach $2.45 billion by the end of 2020 growing at a CAGR of 3.72%.
The Market is Segmented as per below:
On the basis of Type:
On the basis of Verticals:
• Banking & Finance
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This release was published on openPR.