India Data Center Cooling Market Size (2024 - 2029)

India Data Center Cooling Market Analysis

The India Data Center Cooling Market size is estimated at USD 1.93 billion in 2024, and is expected to reach USD 6.74 billion by 2030, growing at a CAGR of 23.21% during the forecast period (2024-2030).

• The increasing demand for cloud computing among SMEs, government regulations for local data security, and growing investment by domestic players are some of the major factors driving the demand for data centers in India.
• The upcoming IT load capacity of the Indian data center market is expected to reach more than 4,700 MW by 2030. The country's construction of raised floor area is expected to increase above 14.2 million sq. ft by 2030.
• The total number of racks to be installed in the country is expected to reach over 7,10,000 units by 2030. Bangalore, Chennai, Hyderabad, Mumbai, NCR, and Pune are expected to house the maximum number of racks by 2030. The average annual temperature ranges between 24 degrees Celsius and 29 degrees Celsius. Many DC operators are increasing the utilization of liquid cooling solutions as they are much more efficient in handling HPC workloads. India is experiencing high HPC post the COVID-19 pandemic, and it is expected to increase and boost the demand in the market studied.
• There are close to 44 submarine cable systems connecting India, and many are under construction. For instance, in January 2024, NEC Corporation India, in collaboration with NEC Corporation, successfully finalized the installation of a cutting-edge optical submarine cable system in Southern India. This system links the bustling port city of Kochi with 11 of the Lakshadweep islands, including Agatti, Andrott, and Kavaratti. The primary goal of this initiative is to bolster voice and data connectivity, catering to a range of needs from e-governance to e-commerce. This is projected to increase data generation, which would increase the use of efficient cooling solutions in the data center industry in India to cater to the rising heat generation.

India Data Center Cooling Industry Segmentation

Data center cooling is a set of techniques and technologies to maintain optimal operating temperatures in data center environments. Data center cooling is critical as data center facilities house many computer servers and network equipment that generate heat during operation. Efficient cooling systems are used to dissipate this heat and prevent the equipment from overheating, ensuring continued reliable operation of the data center. Methods such as air conditioning, liquid cooling, and hot/cold aisle containment are commonly used to control temperature and humidity in data centers.

The Indian data center cooling market study is segmented by cooling technology (air-based cooling (chiller and economizer, crah, cooling towers, and other air-based cooling technologies), liquid-based cooling (immersion cooling, direct-to-chip cooling, rear-door heat exchanger)), type of data center (hyperscaler, enterprise, and colocation), and end-user industry (IT and telecom, retail and consumer goods, healthcare, media and entertainment, federal and institutional agencies, and other end-user industries). 

The market sizes and forecasts are provided in value terms in USD for all the above-mentioned segments.