Infrastructure as a Service - Ireland

  • Ireland
  • Revenue in the Infrastructure as a Service market is projected to reach US$1.29bn in 2024.
  • Revenue is expected to show an annual growth rate (CAGR 2024-2029) of 20.30%, resulting in a market volume of US$3.25bn by 2029.
  • The average spend per employee in the Infrastructure as a Service market is projected to reach US$443.50 in 2024.
  • In global comparison, most revenue will be generated in the United States (US$78,280.00m in 2024).

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

 
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Analyst Opinion

The Infrastructure as a Service market in the Public Cloud Market of Ireland has been growing considerably due to factors such as high adoption of digital technologies, increasing awareness of health, and the convenience of online health services. This growth rate is impacted by the demand for efficient and cost-effective solutions for data storage and management in the rapidly expanding digital landscape.

Customer preferences:
As the Infrastructure as a Service Market within the Public Cloud Market continues to grow in Ireland, there has been a noticeable increase in demand for cloud-based solutions that cater to the country's unique cultural and demographic preferences. This includes a preference for personalized and on-demand services, as well as a growing interest in environmentally sustainable options. Additionally, there has been a rise in the adoption of cloud-based solutions in the healthcare sector, as consumers seek more convenient and remote options for managing their health and wellness.

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 increasing adoption of cloud computing solutions by businesses. This trend is expected to continue as more companies look to reduce costs and improve efficiency by shifting to a cloud-based infrastructure. Additionally, there is a growing focus on data security and compliance, leading to the implementation of stricter regulations and standards in the industry. This presents opportunities for cloud service providers to offer more secure and compliant solutions, while also posing challenges for businesses to navigate and comply with these regulations. Overall, the trajectory of these trends points towards a continued growth of the Infrastructure as a Service Market in Ireland, with potential implications for both service providers and their clients.

Local special circumstances:
In Ireland, the Infrastructure as a Service market is thriving due to the country's strong technology infrastructure and its status as a hub for multinational companies. Additionally, the government's support for digital transformation and the growing trend towards remote work have fueled the demand for cloud-based services. Ireland's favorable business environment and skilled workforce have also played a significant role in attracting international cloud service providers to set up operations in the country. These factors have created a highly competitive market with a wide range of options for businesses looking for Infrastructure as a Service solutions.

Underlying macroeconomic factors:
The Infrastructure as a Service Market within the Public Cloud Market in Ireland is heavily influenced by macroeconomic factors such as global economic trends, national economic health, and fiscal policies. Ireland's strong economic growth and stable political climate have made it an attractive location for cloud service providers to establish a presence. Additionally, the country's investments in digital infrastructure and commitment to digital transformation have created a favorable environment for the growth of the public cloud market. Furthermore, Ireland's position as a gateway to the European market and its skilled workforce have also contributed to the growth of the Infrastructure as a Service Market within the Public Cloud Market.

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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