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India: Data services market set to reach Rs 10,000 cr

The overall India data centre services market is estimated at Rs 6,300 crore in 2009, an IDC India report said. The fast evolving ecosystem comprising high speed internet bandwidth service providers, data centre hosting players, power and cooling solution providers, hardware vendors and system integrators would spur this growth over the next two years, it said. The key verticals that contributed nearly 80% of third party data centre services revenue in 2009, were manufacturing and IT/ITeS, with the third party data centres constituting about 18% of the total revenues.

Third party data centre services are gaining traction with enterprise customers due to lack of in-house skills, high investments and long gestation period that a data centre calls for," said Ravikant Sharma, Senior Analyst, User Research, IDC India.

Source: Business Standard


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