Infrastructure as a Service - Ireland

  • Ireland
  • Revenue in the 0 market in Ireland is projected to reach US$1.26bn in 2024.
  • In Ireland, Infrastructure as a Service market dominates the market with a projected market volume of 0 in 2024.
  • Revenue in Ireland is expected to show an annual growth rate (CAGR 2024-2029) of 20.42%, resulting in a market volume of US$3.19bn by 2029.
  • In global comparison, most revenue will be generated the United States, which is expected to generate US$77,050.00m in 2024.
  • Ireland's Infrastructure as a Service in the Public Cloud market is increasingly driven by the demand for scalable solutions to support its burgeoning tech startup ecosystem.

Key regions: United Kingdom, China, France, Netherlands, Germany

 
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Analyst Opinion

The Public Cloud Market in Ireland is experiencing considerable growth, driven by factors such as the increasing adoption of Infrastructure as a Service (IaaS) solutions, growing awareness of cloud technology, and the convenience offered by online services. The market's growth rate is influenced by the demand for scalable and cost-effective IT infrastructure solutions, as well as the government's initiatives to promote digital transformation in the country.

Customer preferences:
As the use of public cloud services continues to grow in Ireland, there has been a noticeable shift towards Infrastructure as a Service (IaaS) offerings. This trend is driven by the increasing demand for flexible and scalable solutions, as well as the desire for cost-effective IT infrastructure management. Additionally, with the rise of remote work and virtual teams, there is a growing need for reliable and secure cloud-based tools to support collaboration and communication. These factors have contributed to the growing popularity of IaaS in the public cloud market in Ireland.

Trends in the market:
In Ireland, the Infrastructure as a Service Market within the Public Cloud Market is experiencing a surge in demand due to the government's push for digital transformation and the need for remote work solutions. This has led to a rise in cloud-based infrastructure services, with providers offering flexible and scalable solutions to meet the evolving needs of businesses. Additionally, there is a growing trend towards hybrid cloud solutions, combining public and private cloud services for a more customized approach. These developments have significant implications for industry stakeholders, as they must adapt to the changing landscape and invest in innovative solutions to stay competitive.

Local special circumstances:
In Ireland, the Infrastructure as a Service Market within the Public Cloud Market is influenced by the country's strong technological infrastructure and its favorable business environment for foreign investment. Additionally, the Irish government has implemented policies to encourage the adoption of cloud services, such as the "Cloud First" policy for public sector organizations. This, combined with the country's skilled workforce and high internet penetration rate, has led to a growing demand for cloud services in Ireland. Moreover, the country's data protection laws, such as the General Data Protection Regulation (GDPR), also play a significant role in shaping the market dynamics by ensuring the security and privacy of data.

Underlying macroeconomic factors:
The Infrastructure as a Service Market within the Public Cloud Market in Ireland is influenced by macroeconomic factors such as technological advancements, government support, and investment in digital infrastructure. Ireland's strong economy and pro-business policies have attracted major cloud service providers to establish data centers in the country, contributing to the growth of the market. The government's initiatives to promote digital transformation and investments in high-speed internet infrastructure have also created a conducive environment for the adoption of public cloud services, including Infrastructure as a Service. Furthermore, the increasing demand for cost-effective and scalable IT solutions in various industries, such as banking, healthcare, and retail, is driving the growth of the Infrastructure as a Service Market in Ireland.

Methodology

Data coverage:

The data encompasses B2B and B2C enterprises. Figures are based on the money spent at manufacturer price level (excluding VAT).

Modeling approach / Market size:

The segment size is determined through a top-down approach. We use financial statements such as annual reports, quarterly earnings, and expert opinions to analyze the markets. To estimate the segment size for each country individually, we use relevant key market indicators and data from country-specific industry associations, such as GDP and level of telecommunications infrastructure.

Forecasts:

We use a variety of forecasting techniques, depending on the behavior of the relevant segment. The main drivers are the GDP and the level of digitization.

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 is considered at a country-specific level.

Overview

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