INSUBCONTINENT EXCLUSIVE:
Digital facilities sector needs $23 billion investment in India by 2025, states report by EYNew Delhi: Digital facilities sector needs
investment of up to $23 billion by 2025, to support the growing need of digital services and increasing online traffic, says a report.The EY
joint report launched just recently in collaboration with Digital Facilities Providers Association (DIPA) shared data forecast for financial
investment required in physical digital facilities crucial for linking individuals online by 2025
Whether it is health tech, edutech, consumer tech India is leading the way
We will see USD 200 billion e-commerce market, $12 billion edutech market, EY emerging markets TMT leader Prashant Singhal said.Mr Singhal
even more included that India is innovating on digital
For this revolution to take place, we require to have digital facilities in place
Tower business are changing themselves to digital infrastructure companies
This would need a financial investment of nearly $20 billion over the next 3-5 years
According to the EY-DIPA joint report, as numerous as 330 million people will be using 5G and sectors like e-commerce, education,
healthcare will grow their presence online.EY approximates financial investments in the range of $17-23 billion will be required in the
This comprises financial investment in the range of $7 billion to $9 billion each for macro tower additions and fibre deployments, $2-3
billion for outdoor small cells which will be essential for 5G roll out, $500-800 million in Wi-Fi and in-building solutions, $500-700
million in edge data centers and $500 million in data centres.
