The Ireland Data Center Market is expected to register a CAGR of 6.7% over the forecast period 2020 to 2025. With the boosted ODM server revenue in the market, owing to increasing hyperscale investments, the hyperscale services have been dominating in Ireland; thus, colocation has started gaining traction in the last few years. Moreover, the implementation of the General Data Protection Regulation (GDPR), which implements the EU General Data Protection Regulation (GDPR), has driven data traffic in Ireland, fueling the market growth. The increasing demand for hyperscale facilities is encouraging investments in submarine cable deployment projects in Ireland.
- The adoption of cloud computing services in Ireland has experienced considerable growth in data volumes. According to the Directorate-General of the European Commission, in 2018, 89% of Irish households had internet access, with 80% of individuals in Ireland accessed the internet daily or more frequently. Irish businesses are expected to witness a surge of over 70% in data consumption in the next 3-4 years. - Dublin has emerged as a cloud computing hub with big cloud providers such as Microsoft, Google, Amazon Web Services, and IBM. Connectivity to cloud service providers is a significant factor when selecting a colocation provider in Ireland. New hyperscale colocation entrants, namely, Echelon Data Center and K2 Data Center, contribute to Ireland’s sizable market growth during the forecast period. - Ongoing government support for inward investment by hyperscales from the US, such as Amazon and Microsoft, has resulted in the construction of large facilities around Dublin. For instance, according to Independent.ie, in Feb 2020, Microsoft acquired 20 acres in the Grange Castle Data Center. The acquisition would lead to the expansion of the company’s already massive data center campus. - Besides, Amazon Web Services (AWS) announced it would invest in the Donegal wind farm, a renewable energy project in Ireland. The 91.2-megawatt wind farm will be constructed by Invis Energy and is anticipated to produce energy to AWS Data Centers in Ireland by the end of 2021. - Construction projects have been brought to a pause to circumvent the spread of the COVID-19 virus. In Ireland, the impact is moderate. Construction work remains in Ireland by following guidelines commanded by the government towards construction sectors. However, COVID-19 will have a more considerable influence on future projects.
Key Market Trends SME Adoption of Cloud Computing to Boost Market Growth
- Cloud computing adoption by SMEs has experienced considerable growth in Ireland with an increase in data volumes. The increased demand from healthcare, logistics, e-commerce, and manufacturing sectors has attracted several Small and Medium-sized cloud and colocation service providers to expand their presence in the country. - The majority of Irish small & Medium-sized firms expect to move more towards the cloud as data volumes surge - but they still trail behind their European counterparts. According to a recent survey from data center firm Equinix, 64% of the Irish respondents believe moving their company’s business functions to the cloud is foreseeable. - According to a survey by Equinix, Irish SME businesses expect their data volumes to surge by 72%, according to the study of more than 1,200 IT leaders across EMEA. Proximity to cloud service providers (CSPs) is a crucial factor for IT professionals in choosing a data center in their local market. - According to the European Commission, micro-sized enterprises that employ up to nine people make up the majority of SMEs in Ireland, with approximately 242 thousand of them in 2018. The growth in data has resulted in average spending of USD 1.5 million by Irish enterprise on data storage and processing. - Dublin has emerged as a cloud computing hub with big cloud providers such as Amazon Web Services, Microsoft, Google, and IBM. Connectivity to cloud service providers is a significant factor when selecting a colocation provider in Ireland.
Increased Cloud Adoption Boost the Market Growth
- The Irish government’s focus on adopting a comprehensive strategic approach to developing the cloud sector in recognition of Ireland’s potential to become a world leader in Cloud Computing has attracted world leaders, such as EMC, Citrix, and Dropbox. - The Irish Centre for Cloud Computing and Commerce (IC4) is building a globally recognized industry-led center of excellence for innovation and applied research. Cloud R&D centers have also been developed by US technology companies, including Dell, HP, IBM, and EMC. - Cloud deployment type of managed services in the country is anticipated to hold a meaningful share in the market, owing to the added benefits, such as cost-saving, scalability, accessibility, and centralized service. According to Cisco, by 2023, Western Europe is expected to hold 20% of the global public cloud service market share. - Dublin boasts one of the densest clusters of data centers in Europe. The area enclosing Ireland’s capital town already has as many as 30 large-scale data center operations, including global operations run by Microsoft, Google, and Amazon. Proximity to cloud service providers (CSPs) for Ireland is a more critical factor than the EMEA average, as it is a crucial factor for IT professionals across the region in choosing a data center in their local market.
Competitive Landscape The Ireland Data Center Market depicts a moderately competitive stage, owing to the presence of many players in the market. Some of the predominant players of the market are Atos SE, Broadcom Corporation, Designer Group, John Sisk & Son Ltd, and Cummins Inc. among others. Due to strong competition, several market players are adopting several strategies to stay forward of the competition. Partnerships, Mergers and acquisitions, and developments, are some of the strategies which the top players are following to boost their market penetration and increase their positions in the market.
- Feb 2020 - Microsoft Corporation acquired another 20 acres of land to build a data center and 120-person office development in Clondalkin. The land is in Grange Castle Business Park, next to its existing data center campus, as the tech company looks to keep up with ongoing demands in the data and cloud computing sector.
Reasons to Purchase this report: - The market estimate (ME) sheet in Excel format - 3 months of analyst support
Our reports have been used by over 10K customers, including:
The hyperscale data center market is expected to grow at a CAGR of 3.38% over the forecast period (2021 - 2026). Hyperscale datacenters can be termed as a facility owned by the companies to offer cloud spaces for cloud computing and big data storage. It has at least 500 storage cabinets covering 10,000 Sq. Ft of space and has over 5,000 servers...
The Global Data Center Accelerator Market was valued at USD 6.59 billion in 2020, and it is expected to reach a value of USD 14.75 billion by 2026, registering a CAGR of 14.98% over the forecast period 2021-2026. The COVID-19 pandemic has posed additional stress on the overall economy across sectors. It has also shifted focus towards...
The data center cooling market is projected to grow from USD 9.4 billion in 2020 to USD 15.7 billion by 2025, at a CAGR of 10.7% from 2020 to 2025. The major reasons for the growth of the data center cooling market include improving efficiency in data centers, rising spending on data centers, significant growth in number of data centers and...
In-depth Analysis and Data-driven Insights on the Impact of COVID-19 Included in this Global Data Center Generator Market Report
The data center generator market by revenue is expected to grow at a CAGR of 4% during the period 2021–2026.
The global market is expected to grow on account of increased unplanned power outages....
In-depth Analysis and Data-driven Insights on the Impact of COVID-19 Included in this APAC Data Center Market Report
The APAC data center market by revenue is expected to grow at a CAGR of approx. 6% during the period 2021–2026.
The APAC data center market share has been witnessing exceptional growth since the outbreak of...
The Data Center Generator Market is expected to grow at a CAGR of 7.5% over the forecast period 2021 - 2026. The rise of edge computing and the growing focus on allowing high availability services and fixing power reliability concerns are adding to the growth of the data center generator market. Heightened investments from cloud service and...
In-depth Analysis and Data-driven Insights on the Impact of COVID-19 Included in this Latin America Data Center Market Report
The Latin America data center market by investment is expected to grow at a CAGR of 7.6% during 2021–2026.
The data center market in Latin America is observing an increased investment in modular, containerized,...
The modular data center market size is expected to grow from USD 18.4 billion in 2020 to USD 37.8 billion by 2025, at a Compound Annual Growth Rate (CAGR) of 15.4% during the forecast period. Modular data centers are manufactured by integrating prefabricated modules that are built inside a factory and shipped to the client site where they...
In-depth Analysis and Data-driven Insights on the Impact of COVID-19 Included in this Global Data Center Precision Air Conditioning Market Report
The data center precision air conditioning market by revenue is expected to grow at a CAGR of 2.5% during the period 2020–2025.
The data center precision air conditioning market...
In-depth Analysis and Data-driven Insights on the Impact of COVID-19 Included in this Global Data Center Fire Detection And Suppression Market Report
The data center fire detection and suppression market by revenue is expected to grow at a CAGR of 4.5% during the period 2020–2025.
The global fire detection and suppression...
You can change your Cookie Settings at any time but parts of our site will not function correctly without them.