Market Trends of Ireland Data Center Power Industry
The IT & Telecom Segment is Expected to Hold a Significant Market Share
- The increased adoption of cloud computing services in the country has increased the number of IT infrastructure components. Many technology companies have launched cloud services to support the digital transformation efforts of many enterprises. Moreover, the increased adoption of e-commerce services has facilitated digitization. Such instances are increasing the demand for the data center power market during the forecast period.
- The data center market is achieving new records due to the increasing penetration of connected devices, including consolidation and the emergence of new players. Such cases will have a positive impact on market growth.
- The number of servers in data centers is likely to increase due to the growing demand for these digital services and the adoption of digital connectivity by end users, which requires more data storage. This situation corresponds to increased demand for data centers. Increasing data centers necessitates increasing the use of systems for power facilitation.
- With the growth of the smartphone user base, the demand for data centers has increased. The penetration rate has been positive with regard to usage for e-commerce, media and entertainment, and the banking payment sector. Smartphones necessitate real-time processing because they generate large chunks of data, leading to an increase in the demand for data centers. An increase in the number of data centers necessitates increasing the use of systems for power facilitation.
- The growth in speed is helping users spend more time on the internet in various industries. In Ireland, accessing social media is by far the most popular activity people use their phones for, with an average of 64 minutes spent on various platforms over the course of a typical day. After social media, streaming video is the next most popular activity people use their devices for, with an average of 53 minutes spent on platforms such as YouTube. These trends, along with the increasing population and 4G and 5G coverage, are expected to maintain the average time spent by people using their smartphones, thereby increasing the demand for data centers and the use of power systems.
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PDUs are Expected to Hold Significant Share in the Market
- The growing focus on digitization, internet penetration, and e-commerce across the country creates the need for storage capacity, resulting in huge demand for data centers and increased power consumption. The increased demand for data storage has led to the adoption of intelligent power distribution units (PDUs) to optimize power consumption in data centers rather than simple multi-socket rack installations and servers and networking devices.
- PDUs are essential components of data center and server room infrastructure, allowing real-time monitoring of power consumption, voltage, current, and other electrical parameters. This data allows administrators to make informed decisions about power allocation and capacity planning.
- By tracking power consumption trends, managers can plan for future growth and avoid exceeding power capacity, preventing overloads that can lead to equipment failure. It also helps identify inefficiencies and optimize energy consumption. This eliminates unnecessary power consumption, lowers costs, and reduces the environmental footprint. Additionally, administrators can access and control it remotely, reducing the need for physical presence and minimizing disruption to operations.
- Industrial end users are gravitating toward cloud platforms such as Microsoft Azure, Google Cloud, and AWS. Growth trends indicate rapid adoption of cloud-based applications by end users. This provides opportunities for intelligent and compact PDUs that can meet the increasing power requirements to operate such platforms.
- With the growth of mega data centers in the country, the need for PDUs is also increasing. Faster internet speeds and the associated proliferation of accessible devices play an important role in determining and estimating national data consumption. The number of 5G mobile connections has increased significantly, which means that the penetration rate of 5G mobile in the country is high. Increased data traffic will further increase the demand for DC facilities with intelligent PDU systems.
