The Indian data centre industry is expected to experience 693 MW capacity addition and 8.8 mn sq ft of real estate space demand during H2 2023 to 2026, driven by increasing digital growth, Digital Public Infrastructure, 5G rollout, and new applications of Artificial Intelligence (AI) like Machine Learning (ML). H1 2023 witnessed an absorption of 66 MW as compared to 89 MW in H1 2022, a 26% decline due to demand moderation for public cloud services. However, the BFSI segment witnessed higher growth to align with regulatory requirements, and enterprise demand increased to save on capex costs. The advent of AI and ML applications, the rollout of 5G and the increasing usage of Internet-of-things devices signal a fresh set of demands emerging for the data centre industry.
Add to Favourites
To login click here