Data Center - Ireland

Ireland

Revenue in the Data Center market is projected to reach US$1,198.00m in 2024.
Network Infrastructure dominates the market with a projected market volume of US$923.10m in 2024.
Revenue is expected to show an annual growth rate (CAGR 2024-2028) of 6.86%, resulting in a market volume of US$1,562.00m by 2028.
In global comparison, most revenue will be generated in the United States (US$99.16bn in 2024).

Key regions: United States, Germany, India, Japan, China

Definition:

The Data Center market is a critical segment of the technology industry focusing on supplying and managing physical infrastructure necessary for hosting and operating IT systems, primarily servers, storage, and network equipment. This market spans from traditional in-house data centers to sophisticated facilities offered by specialized providers, covering services like hosting, shared data center facilities, and managed data center solutions. It targets a diverse client base, ranging from small businesses to large enterprises, offering flexible, scalable solutions for their IT infrastructure needs. This sector is integral to the efficient functioning and security of IT operations in various organizations.

Structure:

The Data Center market is structured in three markets based on the services model provided by the companies.

The Server market covers the resources and services related to servers, integral for hosting websites, managing databases, and supporting cloud computing.
The Storage market covers the resources and services related to data storage systems, crucial for archiving, data backup, and ensuring data recovery.
The Network Infrastructure market covers the resources and services related to network hardware essential for ensuring connectivity, data transmission, and network security.

Additional Information:

The Data Center market includes revenue, revenue change, average spend per employee, and key player market shares as key performance indicators. Market values represent revenues paid to primary vendors at the manufacturer price level either directly or through distribution channels (excluding VAT). Revenues are generated through both online and offline sales channels and include spending by consumers (B2C), enterprises (B2B) as well as governments (B2G). Detailed definitions of each market can be found on the respective page where the market data is displayed.

Key players in the Data Center market include companies such as Dell, HPE, Huawei, and Ericsson.

For more information on the data displayed, use the info button right next to the boxes.

Market

Region

Region comparison

Currency

Analyst Opinion

The Data Center market in Ireland has been experiencing significant growth in recent years, driven by several key factors. Ireland has emerged as a major hub for data center activity, attracting both domestic and international companies seeking to establish a presence in the country.

Customer preferences: Customer preferences in the Data Center market in Ireland are influenced by several factors. One key preference is the need for reliable and secure data storage and management solutions. With the increasing volume of data being generated and the growing importance of data-driven decision-making, businesses are seeking data centers that can provide high levels of security, redundancy, and uptime. Additionally, customers are looking for data centers that can offer scalable solutions to accommodate their evolving needs.

Trends in the market: One of the key trends in the Data Center market in Ireland is the increasing demand for cloud services. As businesses continue to adopt cloud computing and storage solutions, the need for data centers to support these services has grown significantly. This trend is driven by factors such as cost savings, scalability, and flexibility offered by cloud solutions. As a result, data center providers in Ireland are expanding their cloud offerings and investing in infrastructure to meet the growing demand. Another trend in the market is the emergence of hyperscale data centers. Hyperscale data centers are characterized by their ability to scale rapidly and support the massive computing and storage requirements of large enterprises. Ireland has become an attractive location for hyperscale data centers due to its favorable business environment, skilled workforce, and robust telecommunications infrastructure. This trend is expected to continue as more companies seek to establish or expand their hyperscale data center operations in the country.

Local special circumstances: Ireland's favorable business environment and government support have played a significant role in the development of the Data Center market. The country offers attractive tax incentives for data center investments, making it an appealing destination for companies looking to establish data center operations. Additionally, Ireland's membership in the European Union provides access to a large market and regulatory framework, further enhancing its appeal as a data center hub.

Underlying macroeconomic factors: Several macroeconomic factors have contributed to the growth of the Data Center market in Ireland. The country's strong economic performance, fueled by sectors such as technology, finance, and pharmaceuticals, has created a demand for data center services. Additionally, Ireland's strategic location between Europe and the United States makes it an ideal location for companies seeking to establish a presence in both markets. The availability of skilled labor and a supportive regulatory environment have further facilitated the growth of the Data Center market in Ireland.

Methodology

Data coverage:

The data encompasses B2B enterprises. Figures are based on hardware-related expenses of businesses for setting up and maintaining an IT infrastructure.

Modeling approach / Market size:

Market sizes are determined through a top-down approach, building on a specific rationale for each market segment. As a basis for evaluating markets, we use annual financial reports and national statistical offices. In addition, we use relevant key market indicators and data from country-specific associations, such as GDP and level of digitization. This data helps us estimate the market size for each country individually.

Forecasts:

In our forecasts, we apply diverse forecasting techniques. The selection of forecasting techniques, such as exponential trend smoothing and the S-curve function, is based on the behavior of the relevant market.

Additional notes:

The data is modeled using current exchange rates. The market is updated twice a year in case market dynamics change. The impact of the COVID-19 pandemic and the Russia-Ukraine war is considered at a country-specific level.