How big is the Chennai Data Center Market?

The Chennai Data Center Market size is expected to reach 165.68 megawatt in 2024 and grow at a CAGR of 22.18% to reach 451.09 megawatt by 2029. Read More

What is the current Chennai Data Center Market size?

In 2024, the Chennai Data Center Market size is expected to reach 165.68 megawatt. Read More

Who are the key players in Chennai Data Center Market?

Sify Technologies Limited, STT Telemedia, Reliance industries, NTT Data and Nxtra Data Limited are the major companies operating in the Chennai Data Center Market. Read More

What years does this Chennai Data Center Market cover, and what was the market size in 2023?

In 2023, the Chennai Data Center Market size was estimated at 128.93 megawatt. The report covers the Chennai Data Center Market historical market size for years: 2018, 2019, 2020, 2021, 2022 and 2023. The report also forecasts the Chennai Data Center Market size for years: 2024, 2025, 2026, 2027, 2028, 2029 and 2030. Read More

Chennai Data Center Market Size & Share Analysis - Industry Research Report

Chennai Data Center Market Size & Share Analysis - Growth Trends & Forecasts (2024 - 2030)

The Chennai Data Center Market is Segmented by DC Size (small, Medium, Large, Massive, Mega), by Tier Type (tier 1 and 2, Tier 3, Tier 4), by Absorption (utilized, Colocation Type (retail, Wholescale, Hyperscale), End User (cloud & IT, Telecom, Media & Entertainment, Government, BFSI, Manufacturing, E-Commerce), and Non-Utilized). The Market Sizes and Forecasts are Provided in Terms of Value (MW) for all the Above Segments.

Chennai Data Center Industry Overview

The Chennai data center market is semi consolidated. in that key vendors are utilizing inorganic growth techniques, such as mergers and acquisitions and strategic partnerships, to increase their market share. Some players include Reliance Industries, Nextra Data Limited, CtrlS, STT Telemedia, and Sify Technologies.

In April 2023, the EO of BAM Digital Realty expects 681 MW of data center capacity to be added by the end of 2024, which will double India's data center capacity to 1,318 MW. BAM Digital Realty-a JV between Digital Realty and Brookfield Infrastructure-plans to develop its first data center in India by December 2023 in Chennai, with more than 100 MW of capacity. Digital Realty has over 310 data centers globally, and the JV plans to invest USD 2 billion over the next few years, say industry sources.

In January 2022, the Bharti Airtel subsidiary Nxtra Airtel, which operated data centers, opened a new hyperscale data center park in Chennai. This was the third sizable data center for NXTRA by Airtel in Chennai. The 38 MW LEED-certified building spans over 270,000 square feet. The fact that Airtel's new data center was fully connected with the company's global submarine cable network gives hyperscalers an end-to-end secure connection solution, a significant selling point.