The data center market in India is expected to grow at a CAGR of over 4% during the period 2019-2025
Sify Technologies Limited - American Depository Shares (SIFY)
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Source: PR Newswire
NEW YORK, April 17, 2020 /PRNewswire/ -- The data center market in India is expected to grow at a CAGR of over 4% during the period 2019–2025.Read the full report: https://www.reportlinker.com/p05724773/?utm_source=PRN The following factors are expected to contribute to the growth of the data center market in India during the forecast period:• Migration to cloud-based business operations• Government to grow the digital economy through supporting data center development• Big data and IoT to increase Data Center Investment• Increased Adoption of Converged and Hyper-converged Infrastructure PlatformsAs the number of standalone colocation services in India is low than managed colocation or managed hosting services, several small enterprises in India prefer managed hosting or cloud services rather than colocation. Sectors such as BFSI, logistics, transportation, e-commerce, and government agencies are witnessing high demand for colocation services. Global enterprises involved in establishi
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