Servers - Ireland

  • Ireland
  • Revenue in the Servers market is projected to reach US$177.20m in 2024.
  • Revenue is expected to show an annual growth rate (CAGR 2024-2028) of 7.57%, resulting in a market volume of US$237.30m by 2028.
  • The average Spend per Employee in the Servers market is projected to reach US$71.46 in 2024.
  • In global comparison, most revenue will be generated in the United States (US$36,230m in 2024).

Key regions: Japan, Europe, Indonesia, United Kingdom, China

 
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Analyst Opinion

The Servers market in Ireland has seen significant growth in recent years due to the increasing demand for data storage and processing capabilities.

Customer preferences:
Customers in Ireland have shown a strong preference for servers that offer high performance and reliability. They are looking for servers that can handle large amounts of data and provide fast and efficient processing speeds. Additionally, customers are also looking for servers that are energy-efficient and environmentally friendly, as sustainability has become an important consideration in the market.

Trends in the market:
One of the key trends in the Servers market in Ireland is the adoption of cloud computing. Many businesses in Ireland are moving their operations to the cloud, which requires robust and scalable server infrastructure. This trend is driven by the need for flexibility, cost savings, and improved accessibility to data and applications. As a result, there is a growing demand for servers that can support cloud-based services and provide reliable performance. Another trend in the market is the increasing focus on cybersecurity. With the rise in cyber threats and data breaches, businesses in Ireland are prioritizing the security of their data and infrastructure. This has led to a higher demand for servers that have built-in security features and can provide secure storage and processing capabilities.

Local special circumstances:
Ireland has become a hub for technology companies, with many multinational corporations establishing their European headquarters in the country. This has created a favorable business environment for the Servers market, as these companies require robust server infrastructure to support their operations. The presence of these companies has also led to a higher demand for servers that can handle large-scale data processing and storage. Additionally, Ireland has a strong focus on renewable energy and sustainability. This has influenced customer preferences in the Servers market, with businesses looking for energy-efficient servers that can help reduce their carbon footprint. The Irish government has also implemented policies and incentives to promote the use of renewable energy, further driving the demand for environmentally friendly servers.

Underlying macroeconomic factors:
The strong economic growth in Ireland has contributed to the development of the Servers market. The country has a thriving tech industry, with a high concentration of technology companies and startups. This has created a favorable business environment for server manufacturers and suppliers. Furthermore, Ireland's membership in the European Union provides access to a large market and favorable trade agreements. This allows server manufacturers in Ireland to expand their reach and export their products to other European countries. The stability and growth of the European economy also contribute to the overall growth of the Servers market in Ireland. In conclusion, the Servers market in Ireland is experiencing significant growth due to the increasing demand for data storage and processing capabilities. Customer preferences for high-performance, reliable, and energy-efficient servers, along with the adoption of cloud computing and the focus on cybersecurity, are driving the market trends. The presence of multinational technology companies and the emphasis on sustainability, coupled with the strong economic growth and favorable trade agreements, contribute to the development of the market.

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.

Overview

  • Revenue
  • Key Players
  • Analyst Opinion
  • Global Comparison
  • Methodology
  • Key Market Indicators
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