Market Size of India Data Center Rack Industry
![India Data Center Rack Market Summary](https://s3.mordorintelligence.com/india-data-center-rack-market/1724763683869-india-data-center-rack-market-Market-Summary.png)
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![]() *Disclaimer: Major Players sorted in no particular order |
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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.