Market Size of Hyderabad Data Center Industry
| Study Period | 2018 - 2030 |
| Base Year For Estimation | 2023 |
| Market Volume (2024) | 54.53 megawatt |
| Market Volume (2030) | 430.99 megawatt |
| CAGR (2024 - 2030) | 20.12 % |
| 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?
Hyderabad Data Center Market Analysis
The Hyderabad Data Center Market size in terms of installed base is expected to grow from 54.53 megawatt in 2024 to 430.99 megawatt by 2030, at a CAGR of 20.12% 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.
- Due to the rise in online demand and remote working, organizations are moving more quickly to the cloud and adopting more adaptable digital workspaces. Cloud services are based on data centers, even though the cloud is the foundation of digital transformation. As a result, the migration of companies to the cloud is fueling the expansion of the Indian data center market.
- The digital transformation of many industries and the public sector has changed significantly due to the increased adoption and practical applications of cutting-edge technologies like artificial intelligence, machine learning, big data and analytics, the Internet of Things, and blockchain, among others.
- For instance, CapitaLand declared the opening of its hyperscale data center in Hyderabad in June 2022. The location is a well-established corridor for IT-ITES enterprises and data centers and is within the commercial core of International Tech Park Hyderabad, Madhapur. With a total facility load of 40MW and a dedicated GIS substation on-site, the state-of-the-art data center facility will showcase cutting-edge technologies in cooling and security. It will offer advanced solutions in today's digital ecosystem.
- Additionally, the cost of the data center infrastructure is higher for the purchase and installation of electrical equipment, such as transformers, patch panels, UPSes, auto transfer switches, and generators, as well as mechanical equipment, such as computer room air conditioning units, refrigerant loops, condenser plants or chillers, etc. This may restrict Hyderabad's data center market's ability to expand.
- Lastly, the COVID-19 pandemic impacted the national and regional service providers of data centers. Further, because of the extensive travel prohibition, many businesses turned to remote work, which sharply increased data traffic and strained the data center's ability to avoid outages. The insatiable demand for data center capacity is set to continue in the post-COVID-19 exponential growth trajectory increases as businesses accelerate their digital transformation programs to remain viable and domestic customers begin living even more of their lives online.
