Article of the month
The 3D future of data centres
Data boom, digital adoption and domestic storage to drive growth
- Use of digital commerce to grow at 13% CAGR over fiscals 2020-24
- Data protection bill^ requires all sensitive personal data to be stored in India, even ifit is transferred outside the country
- Number of internet subscribers likely to cross 1 billion by fiscal 2023, from ~825 million in fiscal 2021
- Monthly data usage per subscriber may exceed 25 GB by fiscal 2026, compared with ~15 GB at present
CAGR: Compound annual growth rate; AI: Artificial intelligence; IoT: Internet of things.
Source: Industry; TRAI; CRISIL Ratings
^if implemented
Analytica