Key regions: Brazil, Indonesia, Europe, United States, Italy
The Storage market in Ireland has been experiencing steady growth in recent years, driven by customer preferences for reliable and secure storage solutions, as well as the increasing demand for data storage in various industries.
Customer preferences: Customers in Ireland prioritize reliability and security when it comes to storage solutions. They expect their data to be stored safely and securely, with minimal risk of loss or unauthorized access. This has led to a growing demand for storage solutions that offer robust security features, such as encryption and access controls. Additionally, customers in Ireland value scalability, as they want the flexibility to easily expand their storage capacity as their data needs grow.
Trends in the market: One key trend in the storage market in Ireland is the increasing adoption of cloud storage solutions. Cloud storage offers numerous benefits, including cost savings, scalability, and accessibility from anywhere with an internet connection. As a result, many businesses in Ireland are transitioning from traditional on-premises storage solutions to cloud-based storage. This trend is expected to continue as more businesses recognize the advantages of cloud storage. Another trend in the market is the growing demand for data storage in the healthcare sector. With the digitization of medical records and the increasing use of advanced medical imaging technologies, healthcare providers in Ireland are generating and storing vast amounts of data. This has created a need for storage solutions that can handle large volumes of data while ensuring compliance with data protection regulations.
Local special circumstances: Ireland has emerged as a key data center hub in Europe, attracting major tech companies to establish their data centers in the country. This has created a significant demand for storage solutions to support the operations of these data centers. The presence of these data centers has also contributed to the growth of the storage market in Ireland, as they require large-scale storage infrastructure to handle the massive amounts of data they generate and store.
Underlying macroeconomic factors: Ireland's strong economy and favorable business environment have played a significant role in the growth of the storage market. The country has a thriving technology sector, with many multinational companies choosing to establish their European headquarters in Ireland. This has created a demand for storage solutions to support the data storage and management needs of these companies. Furthermore, the increasing digitization of businesses and the growing reliance on data-driven decision-making have also contributed to the growth of the storage market in Ireland. Businesses across various industries are generating and storing more data than ever before, and they require reliable and scalable storage solutions to manage and analyze this data effectively. In conclusion, the storage market in Ireland is experiencing steady growth, driven by customer preferences for reliable and secure storage solutions, the increasing adoption of cloud storage, the growing demand for data storage in the healthcare sector, the presence of data centers, and the country's strong economy and favorable business environment.
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.
Mon - Fri, 9am - 6pm (EST)
Mon - Fri, 9am - 5pm (SGT)
Mon - Fri, 10:00am - 6:00pm (JST)
Mon - Fri, 9:30am - 5pm (GMT)
Mon - Fri, 9am - 6pm (EST)
