The International Data Corporation (IDC) projected that global data will grow from just 33 zettabytes this year to 175 Zettabytes by 2025. No surprise considering the vast amount of data generated in the course of building IOT devices. We’re talking sensors for homes, bodies, businesses and cities, not forgetting the development of augmented reality (AR) and 5g. Technology is interwoven into every aspect of our lives, and data centres enable every aspect of that technology.
Extending far beyond organisational requirements, their capabilities are realised daily by consumers. But, today’s tech fuelled climate places unprecedented pressure on global leaders. As digitisation surges, they continue to face challenges from every touch point, physical, cloud and virtual.
In fact, it’s the acceleration of cloud technology that is driving and redefining the datacentre landscape, alongside advancements in edge computing, and developments in colocation and hosting services. Yet, whilst these emerging technologies acquire all the attention, it’s data centres that make it possible. Underpinning the very forces driving digitisation.
Investment into data centre infrastructure will continue to increase well into 2020, particularly in the APAC region. Recently, India’s data centre market was projected to reach $4bn by the year 2024. As the demand for low latency connectivity to the cloud continues to drive business needs, including portable, secure data storage solutions, diversification and innovation will be required from the traditional data centre model.
So, what does the future hold for data centres? We’ll start by exploring the data centre market in India.
India’s data centre market has surged in the past decade. Why? It’s in the numbers. The country has a population of 1.2 billion. Remaining the popular choice for outsourced IT services, it seems India’s digital market is finally being penetrated on a hyperscale. Cited as the second-largest market for data centre infrastructure and second-fastest-growing market in Asia/Pacific after China.
In recent years, leaders in the global market have poured investment into the country; Microsoft’s continued expansion with their Azure cloud service data centres in Mumbai, Pune and Chennai. IBM will set up its second data centre in the location and Google Cloud Platform recently entered India and Alibaba Cloud launched in Mumbai last year.
Many growth factors are prevalent in the market justifying these investments, as it aims to digitalise its economy. A result of emerging businesses growing at an exponential rate and upheld by cloud computing technologies storing their vast amounts of data.
In comparison to the aforementioned, India alone is set to produce 2.3 million petabytes of digital data by the year 2020, outpacing the world average. It’s the evolution of 4G and fifth generation (5g) communications. Device access and high-speed internet demanding faster downloads in addition to upholding and supporting large IT infrastructure of most businesses. India is an attractive destination for the data centre business with interest largely focused in the cities of Mumbai, New Delhi, Chennai, and the IT hub of Bangalore.
The India data centre market is likely to grow at a CAGR of around 8% during the period 2018-2024. And whilst the market continues to overcome inconsistencies in their interconnectivity, the interest will continue to surge, driven by the need for businesses to scale in an ever-changing competitive market.
Indian datacentres offer surplus connectivity, qualified workforces, and high-end infrastructure. Allowing enterprises, the opportunity to scale whilst improving their cost efficiency. This, coupled with the growing adoption of cloud, we’re yet to realise the true benefits of what India’s data infrastructure can do.
Want to learn more why not listen to our recent podcast, with host Omer Wilson as he talks to Narendra Sen, Founder and CEO of RackBank, on the future of the data centre in India and Asia as a whole.