Digital Infrastructure Needs Investment Up To $23 Billion By 2025: Report
NDTV
Digital infrastructure sector needs investment of up to $23 billion by 2025, to support growing demand of digital services and rising online traffic
Digital infrastructure sector needs investment of up to $23 billion by 2025, to support the growing demand of digital services and rising online traffic, says a report.
The EY joint report released recently in collaboration with Digital Infrastructure Providers Association (DIPA) shared data projection for investment required in physical digital infrastructure vital for connecting people 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 further added that "India is innovating on digital. For this revolution to happen, we need to have digital infrastructure in place. Tower companies are transforming themselves to digital infrastructure companies. This would require an investment of almost $20 billion over the next 3-5 years." According to the EY-DIPA joint report, as many as 330 million people will be using 5G and sectors like e-commerce, education, healthcare will grow their presence online.
