Servers - India

  • India
  • Revenue in the Servers market is projected to reach US$1.64bn in 2024.
  • Revenue is expected to show an annual growth rate (CAGR 2024-2028) of 9.64%, resulting in a market volume of US$2.37bn by 2028.
  • The average Spend per Employee in the Servers market is projected to reach US$3.12 in 2024.
  • In global comparison, most revenue will be generated in the United States (US$36,230m in 2024).

Key regions: Japan, Europe, Indonesia, United Kingdom, China

 
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Analyst Opinion

The Servers market in India has been experiencing significant growth in recent years, driven by customer preferences for advanced technology solutions, increasing demand for data storage and processing capabilities, and favorable local circumstances. Customer preferences in the Indian market have been shifting towards more advanced and efficient server solutions. With the rapid digitization of various industries and the increasing adoption of cloud computing, businesses in India are in need of robust and scalable server infrastructure to handle large amounts of data and support their operations. Additionally, there is a growing demand for servers that can deliver high performance and energy efficiency, as companies strive to optimize their IT infrastructure and reduce operational costs. One of the key trends in the Indian Servers market is the increasing adoption of virtualization technology. Virtualization allows businesses to maximize the utilization of their server resources by running multiple virtual machines on a single physical server. This not only helps in reducing hardware costs but also improves efficiency and flexibility in managing IT infrastructure. As a result, there is a growing demand for servers with high processing power and memory capacity to support virtualization workloads. Another trend in the Indian Servers market is the rising demand for storage servers. With the exponential growth of data generated by businesses and consumers, there is a need for efficient storage solutions to manage and process this data. Businesses in sectors such as e-commerce, banking, and healthcare are particularly driving the demand for storage servers to store and analyze large volumes of data. Additionally, the increasing popularity of video streaming services and social media platforms has also contributed to the demand for storage servers. In terms of local special circumstances, India has a large and growing IT sector, which is a major consumer of servers. The country is home to numerous IT companies and startups, which require reliable and high-performance server infrastructure to support their operations. Furthermore, the Indian government's initiatives such as "Digital India" and "Make in India" have created a favorable environment for the growth of the IT industry, driving the demand for servers. Underlying macroeconomic factors also play a role in the development of the Servers market in India. The country's strong economic growth, increasing disposable incomes, and rising internet penetration have contributed to the growth of various industries, including IT and e-commerce. This, in turn, has led to increased demand for servers to support the growing digital infrastructure. In conclusion, the Servers market in India is experiencing significant growth due to customer preferences for advanced technology solutions, increasing demand for data storage and processing capabilities, and favorable local circumstances. The adoption of virtualization technology and the increasing demand for storage servers are key trends in the market. The large and growing IT sector in India, along with the country's strong economic growth, also contribute to the development of the Servers market.

Methodology

Data coverage:

The data encompasses B2B enterprises. Figures are based on hardware-related expenses of businesses for setting up and maintaining an IT infrastructure.

Modeling approach / Market size:

Market sizes are determined through a top-down approach, building on a specific rationale for each market segment. As a basis for evaluating markets, we use annual financial reports and national statistical offices. In addition, we use relevant key market indicators and data from country-specific associations, such as GDP and level of digitization. This data helps us estimate the market size for each country individually.

Forecasts:

In our forecasts, we apply diverse forecasting techniques. The selection of forecasting techniques, such as exponential trend smoothing and the S-curve function, is based on the behavior of the relevant market.

Additional notes:

The data is modeled using current exchange rates. The market is updated twice a year in case market dynamics change. The impact of the COVID-19 pandemic and the Russia-Ukraine war is considered at a country-specific level.

Overview

  • Revenue
  • Key Players
  • Analyst Opinion
  • Global Comparison
  • Methodology
  • Key Market Indicators
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