India Data Center Rack Market Market Size (2024 - 2029)

The Indian data center rack market is anticipated to experience significant growth, driven by the increasing IT load capacity and the expansion of raised floor areas for data centers. This growth trajectory is expected to enhance the market size, as the demand for data center racks rises in response to these developments. Additionally, the ongoing construction of submarine cable projects, such as the India Europe Xpress, is likely to further support the market's expansion by improving connectivity and data transmission capabilities in the region.

Market Size of India Data Center Rack Industry

India Data Center Rack Market  Summary
Study Period 2024 - 2030
Base Year For Estimation 2023
Market Size (2024) USD 3.54 Million
Market Size (2030) USD 10.05 Million
CAGR (2024 - 2030) 19.00 %
Market Concentration High

Major Players

India Data Center Rack Market  Major Players

*Disclaimer: Major Players sorted in no particular order

India Data Center Rack Market Analysis

The India Data Center Rack Market size is estimated at USD 3.54 million in 2024, and is expected to reach USD 10.05 million by 2030, growing at a CAGR of 19% during the forecast period (2024-2030).

  • The upcoming IT load capacity in the region is expected to reach 4,700 MW by 2029, projected to positively impact the demand for data center racks during the forecast period.
  • The construction of raised floor area for data centers in the region is expected to reach 14.2 million sq. ft by 2029 for under construction raised floor space.
  • The region's total number of racks to be installed is expected to reach 710,000 units by 2029.
  • Currently, 15 submarine cable projects are under construction in the region. One such submarine cable, estimated to start service in 2024, is India Europe Xpress (IEX), stretching over 9775 kilometers with landing points in Mumbai.

India Data Center Rack Industry Segmentation

A data center rack is a physical enclosure made up of usually steel housing electronic framework. It is designed to house servers, networking and communication devices, cables, and other data center computing peripherals.

The India data center rack market is segmented by rack size (quarter rack, half rack, and full rack) and end-user industry (BFSI, IT, telecom, government, media, and entertainment). The market sizes and forecasts are provided in terms of volume (units) for all the above segments.

By Rack Size
Quarter Rack
Half Rack
Full Rack
By End User
IT & Telecommunication
BFSI
Government
Media & Entertainment
Other End Users
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India Data Center Rack Market Size Summary

The Indian data center rack market is experiencing significant growth, driven by the increasing demand for IT infrastructure across various sectors such as government, BFSI, and e-commerce. The shift towards cashless transactions and the expansion of online services have led to a substantial rise in IT load capacity, necessitating the deployment of more data center racks. The market is characterized by a preference for full racks due to space constraints and the need for efficient data management solutions. This trend is further supported by the rapid growth of mobile broadband, Big Data Analytics, and cloud computing, which require robust data center capabilities. The government's incentives and the growing adoption of smart technologies are also contributing to the market's expansion, encouraging investments in data center infrastructure.

The market is fairly consolidated, with major players like Rittal GMBH & Co.KG, Schneider Electric SE, Legrand SA, Dell Inc., and Hewlett Packard Enterprise leading the industry. These companies are innovating to meet the increasing demands for intelligent and modular data center solutions. For instance, NetRack's development of the iRack Block caters to large-scale requirements, highlighting the industry's shift towards more advanced and self-sufficient data center configurations. Partnerships, such as that between Schneider Electric and Stratus Technologies, are further enhancing the capabilities of data centers, enabling streamlined and autonomous edge computing solutions. As the market continues to grow, these developments underscore the critical role of data center racks in supporting India's digital transformation.

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India Data Center Rack Market Market Size - Table of Contents

  1. 1. Market Dynamics

    1. 1.1 Market Overview

    2. 1.2 Market Drivers

      1. 1.2.1 Increasing Deployment of Data Center Facilities

      2. 1.2.2 Growing Cloud Computing Adoption Leading to Investment in Hyperscale Data Centers

      3. 1.2.3 BFSI Sector Expected to Hold a Significant Share

    3. 1.3 Market Restraints

      1. 1.3.1 Presence of cheap and counterfeit racks affecting the organized Data Center Racks sales

    4. 1.4 Value Chain / Supply Chain Analysis

    5. 1.5 Industry Attractiveness - Porter's Five Forces Analysis

      1. 1.5.1 Bargaining Power of Buyers/Consumers

      2. 1.5.2 Bargaining Power of Suppliers

      3. 1.5.3 Threat of New Entrants

      4. 1.5.4 Threat of Substitute Products

      5. 1.5.5 Intensity of Competitive Rivalry

    6. 1.6 Assessment of COVID-19 Impact

  2. 2. MARKET SEGMENTATION

    1. 2.1 By Rack Size

      1. 2.1.1 Quarter Rack

      2. 2.1.2 Half Rack

      3. 2.1.3 Full Rack

    2. 2.2 By End User

      1. 2.2.1 IT & Telecommunication

      2. 2.2.2 BFSI

      3. 2.2.3 Government

      4. 2.2.4 Media & Entertainment

      5. 2.2.5 Other End Users

India Data Center Rack Market Market Size FAQs

The India Data Center Rack Market size is expected to reach USD 3.54 million in 2024 and grow at a CAGR of 19% to reach USD 10.05 million by 2030.

In 2024, the India Data Center Rack Market size is expected to reach USD 3.54 million.

India Data Center Rack Market Size & Share Analysis - Growth Trends & Forecasts (2024 - 2030)