Market Size of Bengaluru Data Center Industry
| Study Period | 2018 - 2030 |
| Base Year For Estimation | 2023 |
| Market Volume (2024) | 205.64 megawatt |
| Market Volume (2030) | 414.63 megawatt |
| CAGR (2024 - 2030) | 11.43 % |
| Market Concentration | Low |
Major Players
*Disclaimer: Major Players sorted in no particular order |
Need a report that reflects how COVID-19 has impacted this market and its growth?
Bengaluru Data Center Market Analysis
The Bengaluru Data Center Market size in terms of installed base is expected to grow from 205.64 megawatt in 2024 to 414.63 megawatt by 2030, at a CAGR of 11.43% during the forecast period (2024-2030).
- A data center is a specific area inside a structure or a collection of designs that house computer systems and related equipment, such as networking and storage systems.
- The metropolis's enormous and steadily expanding IT and technology-startup ecosystems will increase demand. Banglore will continue to be favored for its emergence as one of the future centers of the Indian data center industry due to IT expertise, attractive geographic locations with low risk of seismic activity and other natural disasters, and excellent domestic and international connectivity.
- Data Centres have recently assumed a more significant position in enterprises due to the expanding relevance of intelligent technologies, IoT-powered devices, Big Data, Industry 4.0, 5G, and cloud computing. The COVID-19 outbreak's increased data consumption patterns have highlighted this new market's growth potential.
- Furthermore, the robust growth of Karnataka's growing technology system, home of over 5500+ IT/ information technology-enabled services (ITES) companies, in the era of Virtualization and cloud computing, would add to the growing demand for data centers.
- One of the significant challenges that data center operators confront in Bangaluru is the rising cost of land acquisition, which raises the initial expenditure required to set up a data center. Because most existing availability zones are in formerly industrial areas rapidly becoming mainstream, alternatives are limited, and land costs are rising. Furthermore, land titles in the region frequently need to be clarified. This has become a problem for data center operators.
- Furthermore, the COVID-19 outbreak significantly influenced the country, hurting local data center service providers. Furthermore, due to the country's extensive travel ban, many organizations resorted to working from home, dramatically increasing data traffic and putting pressure on the data center's capabilities to prevent downtime.
