Investments in internet exchange points (IXPs) and peering networks are expected to soar in India amidst the data centre boom, in order to accommodate growing IT workloads and robust data consumption by mobile consumers. IXPs are actual sites where several networks link to exchange internet traffic using a shared switching architecture
India has been ranked second in Asia by Internet Society based on IXP count criteria. However, when it comes to penetration, it trails behind Singapore, Finland, Australia, and the UK. According to Extreme Infocom, India has 0.23 IXPs per 10 million people, while Finland and Singapore have 12.5 and 22 IXPs per 10 million people, respectively.
According to data from the Internet Society, the total number of peering members has increased from 550 to 885 in the past two years, and the combined data carrying capacity of IXPs has increased from 10 Tbps to 25 Tbps.
In addition, IXP companies are increasing their investments in order to keep up with this growth trajectory. It is predicted that the industry will initially bring in 100 to 150 million over the next two to three years. However, the investments will increase tenfold if regulatory barriers are lifted.Furthermore, as per Extreme Infocom, it is critical to move data storage, including data centres and content delivery network ( networks, closer to the networks of service providers and customers because people are still requesting more data.