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Indian hosting market has grown with the IT revolution taking place in India. The availability of broadband, better infrastructure and introduction of computer education in all schools has fuelled the growth of web hosting industry in India. As the hosting market grows in India, the demand for data centers and hosting services has increased exponentially. It is estimated that the Indian data center market is worth $100 million and could reach close to $200 million by 2009. The Indian hosting and data center market is growing at a compounded annual rate of 21 percent. The web hosting market in India will show the highest growth in Asia-Pacific and grow at a compound annual growth rate of 24% till 2008, according to a study.