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Key regions: United States, Germany, China, Japan, United Kingdom
The public cloud market in Ireland is experiencing considerable growth, driven by factors such as increased adoption of digital technologies, growing awareness of cloud services, and the convenience offered by online platforms. The market is expected to continue growing due to the high demand for Infrastructure, Platform, Software, Business Process, and Desktop as a Service sub-markets. This growth is also influenced by Ireland's strong tech industry and favorable government policies promoting digital transformation.
Customer preferences: As Ireland's workforce becomes more mobile and remote, there is a growing demand for public cloud solutions that offer flexible and scalable options for businesses. This trend is driven by the need for efficient collaboration and communication tools, as well as the desire for cost-effective and secure storage solutions. Additionally, the shift towards remote work and virtual teams has led to an increased emphasis on cloud-based project management and productivity tools.
Trends in the market: In Ireland, the Public Cloud market is experiencing a surge in demand for Software-as-a-Service (SaaS) solutions, with businesses increasingly adopting cloud-based software for their operations. This trend is driven by the need for cost-effective and scalable solutions, as well as the rise of remote work and digital transformation initiatives. As a result, there is a growing market for cloud service providers and managed service providers in Ireland. This trajectory is significant for industry stakeholders as it presents opportunities for growth and innovation, but also poses challenges in terms of data security and compliance. As the market continues to evolve, it is likely that we will see an increase in partnerships and collaborations between cloud providers and local businesses, as well as an emphasis on data privacy and protection regulations.
Local special circumstances: In Ireland, the Public Cloud Market is thriving due to the country's strong technology infrastructure and supportive business environment. The government's investment in digital transformation has also played a significant role in the growth of the market. Additionally, the country's small size and highly educated population make it an ideal testing ground for new cloud technologies. This has led to a competitive and innovative market, with a focus on data security and compliance. Furthermore, Ireland's strategic location as a gateway to Europe has attracted international cloud providers to establish their presence in the country, fueling further growth in the market.
Underlying macroeconomic factors: The Public Cloud Market in Ireland is heavily influenced by macroeconomic factors such as technological advancements, government policies, and investment in IT infrastructure. Ireland's strong economy and favorable business environment have made it an attractive destination for tech companies, resulting in a high demand for public cloud services. Additionally, the country's commitment to digital transformation and high investment in IT infrastructure has further boosted the growth of the public cloud market. Furthermore, the increasing adoption of cloud-based solutions and the rise of remote working due to the COVID-19 pandemic have also contributed to the growth of the public cloud market in Ireland.
Data coverage:
The data encompasses B2B, B2G, and B2C enterprises. Figures are based on the money spent at manufacturer price level (excluding VAT).Modeling approach / Market size:
Market sizes are determined through a top-down approach with a bottom-up validation, building on a specific rationale for each market segment. As a basis for evaluating markets, we use annual financial reports of the market-leading companies and reports from our primary research. In addition, we use relevant key market indicators and data from country-specific associations, such as GDP and level of telecommunications infrastructure. 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 is based on the behavior of the relevant market. 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.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)