Market Size of Ireland Data Center Power Industry
| Study Period | 2019 - 2029 |
| Base Year For Estimation | 2022 |
| Market Size (2024) | USD 245.90 Million |
| Market Size (2029) | USD 514.60 Million |
| CAGR (2024 - 2029) | 16.30 % |
| Market Concentration | Medium |
Major Players
*Disclaimer: Major Players sorted in no particular order |
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Ireland Data Center Power Market Analysis
The Ireland Data Center Power Market size is estimated at USD 245.90 million in 2024, and is expected to reach USD 514.60 million by 2029, growing at a CAGR of 16.30% during the forecast period (2024-2029).
The increasing demand for cloud computing among SMEs, government regulations for local data security, and growing investment by domestic players are some of the major factors driving the demand for data centers in the country.
Under Construction IT Load Capacity: The upcoming IT load capacity of the Irish data center market is expected to reach 230 MW by 2029.
Under Construction Raised Floor Space: The country's construction of raised floor area is expected to increase more than 2.8 million sq. ft by 2029.
Planned Racks: The country's total number of racks to be installed is expected to reach 144,000 units by 2029. Dublin is expected to house the maximum number of racks by 2029.
The increasing need for data storage has resulted in an upsurge in the number of data centers, leading to increased electricity consumption in the country. The country has made progress in increasing the competition in the electricity and natural gas markets. It has reduced the use of fossil fuels and increased the share of renewable energy. The country's economy is also becoming less energy intensive. Moreover, to reduce energy consumption, key market players are focusing on introducing efficient power management systems such as PDUs, busways, and UPS to control unnecessary expenditures in data centers, which is expected to increase market growth.
Planned Submarine Cables: There are close to 16 submarine cable systems connecting Ireland, and many are under construction.
Ireland Data Center Power Industry Segmentation
Data center power refers to the power infrastructure, including electrical components and electrical distribution systems, that provide the power necessary to operate and support the devices and servers within the data center. It includes various components and technologies designed to ensure a reliable, uninterruptible power supply for data center IT equipment, including uninterruptible power supplies (UPS), power distribution units (PDU), backup generators, and other power management solutions tailored to the specific needs of data centers. Data center operators achieve data center redundancy through duplicated components to maintain uninterrupted operations in the event of failure of some components and to maintain uptime during maintenance.
The Irish data center power market is segmented by power infrastructure (electrical solutions (UPS systems, generators, and power distribution solutions (PDU, switchgear, critical power distribution, transfer switches, remote power panels, and others)) and services) and end user (IT & telecommunication, BFSI, government, media & entertainment, and other end users). The market sizes and forecasts are provided in terms of value (USD) for all the above segments.
Ireland Data Center Power Market Size Summary
The Ireland data center power market is poised for significant growth, driven by the increasing demand for cloud computing, stringent government regulations on data security, and substantial investments from local players. The market is experiencing a surge in the number of data centers, which in turn is leading to higher electricity consumption. The country is making strides in enhancing competition within the electricity and natural gas sectors, reducing reliance on fossil fuels, and boosting the share of renewable energy. This shift is complemented by the introduction of efficient power management systems, such as PDUs, busways, and UPS, aimed at optimizing power consumption and controlling costs in data centers. The expansion of IT load capacity, raised floor space, and the installation of new racks, particularly in Dublin, underscores the robust growth trajectory of the market.
The proliferation of connected devices and the rapid adoption of digital services, including e-commerce and cloud computing, are further propelling the demand for data centers in Ireland. The increasing smartphone user base and the widespread adoption of 4G and 5G technologies are contributing to higher data consumption, necessitating more data storage and processing capabilities. This trend is driving the need for advanced power facilitation systems to support the growing number of data centers. The market is moderately concentrated, with major players like Schneider Electric, Fujitsu, Cisco, Eaton, and ABB dominating the landscape. These companies are focusing on expanding their global presence and leveraging strategic partnerships to enhance their market share. Recent developments, such as the testing of hydrogen fuel cells for backup power and the expansion of manufacturing facilities, highlight the ongoing innovation and investment in the sector, positioning it for continued growth.
Ireland Data Center Power Market Size - Table of Contents
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1. Market Dynamics
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1.1 Market Overview
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1.2 Market Drivers
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1.2.1 Rising Adoption of Mega Data Centers and Cloud Computing
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1.2.2 Increasing Demand to Reduce Operational Costs
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1.3 Market Restraints
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1.3.1 High Cost of Installation and Maintenance
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1.4 Value Chain/Supply Chain Analysis
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1.5 Industry Attractiveness - Porter's Five Forces Analysis
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1.5.1 Threat of New Entrants
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1.5.2 Bargaining Power of Buyers/Consumers
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1.5.3 Bargaining Power of Suppliers
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1.5.4 Threat of Substitute Products
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1.5.5 Intensity of Competitive Rivalry
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1.6 Assessment of COVID-19 Impact
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2. MARKET SEGMENTATION
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2.1 Power Infrastructure
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2.1.1 Electrical Solution
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2.1.1.1 UPS Systems
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2.1.1.2 Generators
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2.1.1.3 Power Distribution Solutions
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2.1.1.3.1 PDU
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2.1.1.3.2 Switchgear
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2.1.1.3.3 Critical Power Distribution
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2.1.1.3.4 Transfer Switches
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2.1.1.3.5 Remote Power Panels
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2.1.1.3.6 Others
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2.1.2 Service
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2.2 End User
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2.2.1 IT & Telecommunication
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2.2.2 BFSI
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2.2.3 Government
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2.2.4 Media & Entertainment
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2.2.5 Other End Users
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Ireland Data Center Power Market Size FAQs
How big is the Ireland Data Center Power Market?
The Ireland Data Center Power Market size is expected to reach USD 245.90 million in 2024 and grow at a CAGR of 16.30% to reach USD 514.60 million by 2029.
What is the current Ireland Data Center Power Market size?
In 2024, the Ireland Data Center Power Market size is expected to reach USD 245.90 million.
