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India Storage In Big Data Market

ID: MRFR/ICT/60288-HCR
200 Pages
Aarti Dhapte
October 2025

India Storage in Big Data Market Research Report By Component (Hardware, Software, Services) and By Vertical (BFSI, IT & Telecommunication, Healthcare, Manufacturing, Transportation, Media & Entertainment, Others)-Forecast to 2035

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India Storage In Big Data Market Summary

As per MRFR analysis, the storage in big data market size was estimated at 414.75 USD Million in 2024. The storage in-big-data market is projected to grow from 468.13 USD Million in 2025 to 1571.12 USD Million by 2035, exhibiting a compound annual growth rate (CAGR) of 12.87% during the forecast period 2025 - 2035.

Key Market Trends & Highlights

The India storage in big data market is experiencing robust growth driven by technological advancements and increasing data generation.

  • The demand for cloud storage solutions is rising rapidly, indicating a shift towards more scalable and flexible data management options.
  • Data security and compliance are becoming focal points for organizations, reflecting a heightened awareness of regulatory requirements.
  • Integration of advanced technologies such as AI and machine learning is transforming data storage capabilities, enhancing efficiency and analytics.
  • The surge in data generation and government initiatives are key drivers propelling the market forward, particularly in the cloud storage and AI segments.

Market Size & Forecast

2024 Market Size 414.75 (USD Million)
2035 Market Size 1571.12 (USD Million)

Major Players

Amazon Web Services (US), Microsoft (US), Google (US), IBM (US), Oracle (US), Dell Technologies (US), Hewlett Packard Enterprise (US), Alibaba Cloud (CN), SAP (DE)

India Storage In Big Data Market Trends

The storage in big data market is experiencing notable growth, driven by the increasing volume of data generated across various sectors. Organizations are recognizing the necessity of efficient data management solutions to harness insights from vast datasets. This trend is particularly evident in industries such as finance, healthcare, and retail, where data-driven decision-making is becoming essential. As businesses strive to enhance operational efficiency and customer experiences, the demand for advanced storage solutions is likely to rise. Furthermore, the proliferation of IoT devices and the expansion of digital services are contributing to the surge in data generation, necessitating robust storage infrastructures. In addition, the regulatory landscape is evolving, with governments emphasizing data protection and privacy. This has led to a greater focus on secure storage solutions that comply with legal requirements. Organizations are increasingly investing in technologies that not only provide storage capacity but also ensure data integrity and security. As the storage in-big-data market continues to evolve, it appears that innovation in storage technologies, such as cloud storage and hybrid solutions, will play a crucial role in meeting the diverse needs of businesses. The future landscape may witness further advancements in artificial intelligence and machine learning, enhancing data management capabilities and optimizing storage efficiency.

Rising Demand for Cloud Storage Solutions

The shift towards cloud-based storage solutions is becoming increasingly prominent. Organizations are opting for cloud services due to their scalability, flexibility, and cost-effectiveness. This trend is particularly relevant as businesses seek to manage large volumes of data without the burden of maintaining physical infrastructure. Cloud storage offers the advantage of remote access and collaboration, which is essential in today's digital environment.

Focus on Data Security and Compliance

As data breaches and privacy concerns rise, there is a heightened emphasis on secure storage solutions. Organizations are prioritizing compliance with data protection regulations, leading to investments in technologies that ensure data security. This trend reflects a growing awareness of the importance of safeguarding sensitive information, which is critical for maintaining customer trust and meeting legal obligations.

Integration of Advanced Technologies

The incorporation of advanced technologies such as artificial intelligence and machine learning is transforming the storage in-big-data market. These technologies enable organizations to optimize data management processes, enhance storage efficiency, and derive actionable insights from large datasets. As businesses increasingly rely on data analytics, the integration of these technologies is likely to become a key differentiator in the market.

India Storage In Big Data Market Drivers

Surge in Data Generation

The storage in big data market in India is experiencing a notable surge due to the exponential increase in data generation across various sectors. With the proliferation of IoT devices, social media, and digital transactions, data creation is projected to reach 175 zettabytes by 2025. This growth necessitates robust storage solutions to manage and analyze vast amounts of data effectively. Organizations are increasingly investing in scalable storage infrastructures to accommodate this influx, which is expected to drive market growth significantly. The demand for efficient data storage solutions is further amplified by the need for real-time analytics, enabling businesses to derive actionable insights from their data. Consequently, the storage in-big-data market is poised for substantial expansion as companies seek to harness the potential of their data assets.

Emergence of Edge Computing

The emergence of edge computing is reshaping the storage in big data market in India. As businesses seek to process data closer to its source, the demand for localized storage solutions is increasing. Edge computing reduces latency and enhances data processing efficiency, which is particularly beneficial for industries such as manufacturing, healthcare, and smart cities. This shift towards decentralized data processing is likely to drive investments in edge storage solutions, as organizations require systems that can handle data generated at the edge. The storage in-big-data market is expected to adapt to this trend by offering innovative storage options that cater to the unique needs of edge computing environments, thereby fostering growth and technological advancement.

Government Initiatives and Policies

Government initiatives aimed at promoting digital transformation in India are playing a crucial role in shaping the storage in big data market. Programs such as Digital India and Make in India are encouraging businesses to adopt advanced technologies, thereby increasing the demand for data storage solutions. The government's focus on enhancing digital infrastructure is likely to lead to increased investments in data centers and cloud storage facilities. Furthermore, regulatory frameworks that support data localization and compliance are pushing organizations to seek reliable storage options within the country. As a result, the storage in-big-data market is expected to benefit from these favorable policies, fostering an environment conducive to growth and innovation.

Growing E-commerce and Digital Services

The rapid expansion of e-commerce and digital services in India is a significant driver of the storage in big data market. With the increasing number of online transactions and digital interactions, businesses are generating vast amounts of data that require efficient storage solutions. The e-commerce sector alone is expected to reach $200 billion by 2026, necessitating robust data management systems to handle customer information, transaction records, and inventory data. This growth is prompting companies to invest in scalable storage infrastructures that can accommodate fluctuating data volumes. As a result, the storage in-big-data market is likely to witness substantial growth, driven by the need for reliable and efficient data storage solutions in the e-commerce landscape.

Rising Adoption of AI and Machine Learning

The integration of AI and machine learning technologies is significantly influencing the storage in big data market in India. As organizations increasingly leverage these technologies for data analysis and decision-making, the volume of data generated is expected to rise dramatically. AI applications require substantial storage capabilities to manage and process large datasets efficiently. According to industry estimates, the AI market in India is projected to reach $7.8 billion by 2025, further driving the need for advanced storage solutions. This trend indicates that businesses will likely invest in high-capacity storage systems to support their AI initiatives, thereby propelling the growth of the storage in-big-data market. The interplay between AI advancements and data storage requirements is likely to create new opportunities for market players.

Market Segment Insights

By Component: Software (Largest) vs. Hardware (Fastest-Growing)

In the India storage in-big-data market, the distribution of market share among the key component segments reflects a diverse landscape. Software holds the largest share, driven by the increasing demand for data analytics and management solutions. Meanwhile, hardware, particularly innovative storage solutions, is rapidly gaining traction, indicating a shift towards more robust infrastructure to handle the vast amounts of data generated. Growth trends in this segment are fueled by several factors, including the surge in big data applications across various industries. Businesses are investing heavily in software solutions that enhance data accessibility and security. Concurrently, the hardware sector is witnessing exponential growth due to technological advancements and the need for high-capacity storage as data volumes continue to escalate, solidifying its position as the fastest-growing segment in the market.

Software (Dominant) vs. Hardware (Emerging)

The contrast between software and hardware in the India storage in-big-data market illustrates a clear distinction in market maturity and demand. Software solutions are dominant, catering to a wide range of applications like data analytics, business intelligence, and cloud storage services, making them critical for organizations seeking efficiency. In contrast, hardware, while emerging, is becoming indispensable as businesses require advanced storage systems equipped to manage increasing data loads. Innovations in hardware technology, such as more efficient data retrieval systems and scalable storage options, are positioning it as a key player in future market developments.

By Vertical: BFSI (Largest) vs. Healthcare (Fastest-Growing)

In the India storage in-big-data market, the distribution of market share among the various verticals illustrates significant variation. The BFSI sector holds the largest share, underscoring its vital role in the digital transformation initiatives. Following closely, the IT & Telecommunication and Manufacturing sectors also contribute substantially to the overall landscape, reflecting the growing need for data management solutions. The Media & Entertainment and Transportation sectors are emerging as noteworthy contributors as organizations seek to enhance their data storage capabilities and operational efficiencies. As the market evolves, Healthcare is noted as the fastest-growing segment, propelled by rigorous data compliance requirements and the increased digitization of health records. The Transportation and Media & Entertainment sectors are also experiencing considerable growth, driven by the rising popularity of streaming services and data analytics in logistics. Overall, advancements in technology and the growing importance of big data are expected to sustain growth across these verticals.

BFSI: Dominant vs. Healthcare: Emerging

The BFSI sector is recognized as a dominant force within the India storage in-big-data market due to its extensive reliance on data for risk management, customer service, and compliance with regulatory mandates. Its robust infrastructure supports high volume transactions and analytics, making it imperative for financial institutions to implement effective data storage solutions. Conversely, Healthcare is emerging as a significant player, driven by the need for efficient data management and real-time access to patient information. As telehealth and electronic health records become standard, healthcare providers are increasingly prioritizing secure and scalable storage options to meet compliance standards and improve patient care. Together, these verticals exemplify the dynamic nature of the market, each addressing unique challenges and opportunities.

Get more detailed insights about India Storage In Big Data Market

Key Players and Competitive Insights

The storage in-big-data market in India is characterized by a rapidly evolving competitive landscape, driven by the increasing demand for data storage solutions across various sectors. Key players such as Amazon Web Services (US), Microsoft (US), and Google (US) are at the forefront, leveraging their technological prowess and extensive infrastructure to capture market share. These companies focus on innovation and strategic partnerships to enhance their service offerings, thereby shaping a competitive environment that is both dynamic and challenging. The emphasis on digital transformation and cloud adoption among enterprises further fuels the growth of this market, compelling companies to continuously adapt their strategies to meet customer needs.

In terms of business tactics, major players are increasingly localizing their operations to better serve the Indian market. This includes optimizing supply chains and establishing data centers within the region to reduce latency and improve service delivery. The market structure appears moderately fragmented, with a mix of established giants and emerging players vying for dominance. The collective influence of these key players is significant, as they not only set industry standards but also drive innovation through competitive pressures.

In October 2025, Amazon Web Services (US) announced the launch of a new data center in Mumbai, aimed at enhancing its cloud storage capabilities in India. This strategic move is likely to bolster AWS's position in the market by providing localized services that cater to the growing demand for data storage solutions. The establishment of this facility underscores AWS's commitment to expanding its footprint in India, which is crucial for maintaining its competitive edge in a rapidly evolving landscape.

Similarly, in September 2025, Microsoft (US) unveiled its latest Azure storage solutions tailored specifically for Indian enterprises. This initiative reflects Microsoft's strategy to address the unique challenges faced by local businesses, such as data sovereignty and compliance with regional regulations. By customizing its offerings, Microsoft not only enhances its appeal to Indian customers but also strengthens its competitive positioning against other major players in the market.

In August 2025, Google (US) entered into a partnership with a leading Indian telecommunications provider to enhance its cloud storage services. This collaboration aims to leverage the telecom provider's extensive network infrastructure to deliver faster and more reliable data storage solutions. Such strategic alliances are indicative of the trend towards integrated service offerings, which are becoming increasingly important in the competitive landscape of the storage in-big-data market.

As of November 2025, current trends in the market include a strong focus on digitalization, sustainability, and the integration of artificial intelligence (AI) into storage solutions. These trends are reshaping the competitive dynamics, as companies seek to differentiate themselves through innovative technologies and sustainable practices. Strategic alliances are playing a pivotal role in this transformation, enabling companies to pool resources and expertise. Looking ahead, it appears that competitive differentiation will increasingly hinge on innovation and technology rather than price, as players strive to enhance supply chain reliability and deliver superior value to customers.

Key Companies in the India Storage In Big Data Market market include

Industry Developments

The India Storage in Big Data Market has seen significant developments recently. Companies such as Teradata and Informatica have expanded their services, focusing on data integration and storage solutions, catering to the growing demand for data analytics.

SAP has announced the availability of a wholly India-based data center that hosts a variety of cloud services. This data center is designed to comply with domestic data residency regulations and provides cloud storage, analytics, and enterprise platform services from within the country.

The announcement was made on October 25, 2023. In June2025,Snowflake is considering the establishment of a new research and development facility in India to enhance the capabilities of its AI-enabled data platform and to fortify the local technical leadership in data engineering and analytics. In June 2025, AWS and Snowflake announced a strategic partnership in India to provide unified data management and AI capabilities on AWS infrastructure. This partnership will facilitate seamless storage, governance, and analytics workflows for enterprise and GenAI use cases.

Future Outlook

India Storage In Big Data Market Future Outlook

The storage in-big-data market in India is projected to grow at a 12.87% CAGR from 2024 to 2035, driven by increasing data generation, cloud adoption, and advanced analytics.

New opportunities lie in:

  • Development of AI-driven data management solutions
  • Expansion of hybrid cloud storage services
  • Investment in edge computing infrastructure for real-time data processing

By 2035, the market is expected to be robust, driven by innovation and increasing demand.

Market Segmentation

India Storage In Big Data Market Vertical Outlook

  • BFSI
  • IT & Telecommunication
  • Healthcare
  • Manufacturing
  • Transportation
  • Media & Entertainment
  • Others

India Storage In Big Data Market Component Outlook

  • Hardware
  • Software
  • Services

Report Scope

MARKET SIZE 2024 414.75(USD Million)
MARKET SIZE 2025 468.13(USD Million)
MARKET SIZE 2035 1571.12(USD Million)
COMPOUND ANNUAL GROWTH RATE (CAGR) 12.87% (2024 - 2035)
REPORT COVERAGE Revenue Forecast, Competitive Landscape, Growth Factors, and Trends
BASE YEAR 2024
Market Forecast Period 2025 - 2035
Historical Data 2019 - 2024
Market Forecast Units USD Million
Key Companies Profiled Amazon Web Services (US), Microsoft (US), Google (US), IBM (US), Oracle (US), Dell Technologies (US), Hewlett Packard Enterprise (US), Alibaba Cloud (CN), SAP (DE)
Segments Covered Component, Vertical
Key Market Opportunities Adoption of advanced analytics and AI-driven solutions enhances efficiency in the storage in-big-data market.
Key Market Dynamics Rising demand for scalable storage solutions drives innovation in the storage in-big-data market.
Countries Covered India

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FAQs

What is the projected market size of the India Storage in Big Data Market in 2024?

The market is expected to be valued at 553.0 million USD in 2024.

What is the forecasted market size for the India Storage in Big Data Market by 2035?

By 2035, the market is expected to reach a value of 2294.0 million USD.

What is the expected compound annual growth rate (CAGR) for the India Storage in Big Data Market from 2025 to 2035?

The expected CAGR for this market from 2025 to 2035 is 13.807%.

What are the expected market values for the Hardware segment in the India Storage in Big Data Market in 2024 and 2035?

The Hardware segment is expected to be valued at 200.0 million USD in 2024 and 850.0 million USD in 2035.

What will be the market size for the Software component in the India Storage in Big Data Market by 2035?

The Software component is projected to reach a value of 750.0 million USD by 2035.

How much is the Services segment projected to be worth in the India Storage in Big Data Market in 2024?

The Services segment is expected to be valued at 173.0 million USD in 2024.

Who are the major players in the India Storage in Big Data Market?

Key players include Teradata, Informatica, SAP, DataStax, Google, Cloudera, IBM, and several others.

What is the growth rate for the Hardware component from 2024 to 2035?

The Hardware segment is expected to grow from 200.0 million USD to 850.0 million USD, indicating significant growth.

What challenges and opportunities exist in the India Storage in Big Data Market?

The market faces challenges in data security while presenting opportunities in AI integration and data analytics.

What are the current trends influencing the India Storage in Big Data Market?

Trends include the increasing demand for cloud storage solutions and the adoption of advanced analytics technologies.

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