Ireland Data Center Storage Market Size (2024 - 2029)

The Ireland Data Center Storage Market is poised for significant growth, driven by the increasing demand for cloud computing, government regulations for local data security, and substantial investments by domestic players. The expansion of data centers in Ireland is fueled by the country's evolving IT landscape and technological initiatives, with key drivers including digital transformation, e-commerce, renewable energy, and smart city developments. This growth is reflected in the anticipated increase in IT load capacity, raised floor space, and the number of racks, alongside the development of submarine cable systems to enhance connectivity.

Market Size of Ireland Data Center Storage Industry

Ireland Data Center Storage Market Summary
Study Period 2018 - 2029
Base Year For Estimation 2023
Market Size (2024) USD 0.71 Billion
Market Size (2029) USD 1.56 Billion
CAGR (2024 - 2029) 14.01 %
Market Concentration Medium

Major Players

Ireland Data Center Storage Market Major Players

*Disclaimer: Major Players sorted in no particular order

Ireland Data Center Storage Market Analysis

The Ireland Data Center Storage Market size is estimated at USD 0.71 billion in 2024, and is expected to reach USD 1.56 billion by 2029, growing at a CAGR of 14.01% 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 Ireland data center market is expected to reach more than 1400 MW by 2029.
  • Under Construction Raised Floor Space: The country's construction of raised floor area is expected to increase above 8.2 million sq. ft by 2029.
  • Planned Racks: The country's total number of racks to be installed is expected to reach above 412K units by 2029. Dublin is expected to house the maximum number of racks by 2029.
  • Planned Submarine Cables: There are close to 16 submarine cable systems connecting Ireland, and many are under construction. One such submarine cable that is estimated to start service in 2025 is Celtic Norse, which stretches over 2,008 Kilometers with landing points from Killala, Ireland.
  • An increasing need for data storage has resulted in an upsurge in the number of data centers nationwide. Several factors contribute to the demand for data centers and their growth within Ireland, which is reflected by the country's evolving IT landscape, business activities, and technological initiatives.
  • The key drivers that propel the development of data centers in the nation include digital transformation, cloud computing adoption, e-commerce & digital services, renewable energy & sustainability, and smart cities & IoT initiatives. Hence, such factors are expected to drive market growth during the forecast period.

Ireland Data Center Storage Industry Segmentation

Data center storage encompasses devices, hardware, networking equipment, and software technologies facilitating the storage of data and applications within data center facilities, used for storing, managing, retrieving, distributing, and backing up digital information within such facilities. 

The Ireland data center storage market is segmented by storage technology (network attached storage (NAS), storage area network (SAN), direct attached storage (DAS), and other technologies), by storage type (traditional storage, all-flash storage, and hybrid storage), and by end-user (IT & telecommunication, BFSI, government, media & entertainment, and other end-users). 

Market sizes and forecasts are provided in terms of value (USD) for all the segments above

Storage Technology
Network Attached Storage (NAS)
Storage Area Network (SAN)
Direct Attached Storage (DAS)
Other Technologies
Storage Type
Traditional Storage
All-Flash Storage
Hybrid Storage
End-User
IT & Telecommunication
BFSI
Government
Media & Entertainment
Other End-Users
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Ireland Data Center Storage Market Size Summary

The Ireland Data Center Storage 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 data center construction, with Dublin emerging as a key hub due to its proximity to major cloud service providers. The evolving IT landscape, coupled with digital transformation initiatives, e-commerce, and smart city developments, is further propelling the demand for data centers. The market's expansion is supported by advancements in technology and the growing urban population, which necessitates scalable and flexible storage solutions. The hybrid storage approach, combining on-premises and cloud resources, is gaining traction as businesses seek to optimize their data management strategies.

Key industry players such as Dell Inc., Hewlett Packard Enterprise, and NetApp Inc. are actively enhancing their data center storage solutions to meet the burgeoning market demand. Strategic partnerships and acquisitions, like those between Hitachi Vantara and Microsoft, and Hewlett Packard Enterprise and OpsRamp, are strengthening the market's infrastructure and capabilities. The introduction of innovative solutions, such as Infinidat's InfuzeOS Cloud Edition and Pure Storage's FlashArray//E, highlights the industry's focus on efficiency and sustainability. As the market continues to evolve, the ongoing demand for cloud services and digital government initiatives is expected to drive further growth, positioning Ireland as a key player in the global data center storage landscape.

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Ireland Data Center Storage Market Size - Table of Contents

  1. 1. Market Dynamics

    1. 1.1 Market Overview

    2. 1.2 Market Drivers

      1. 1.2.1 Increasing Demand of Clolud Computing Capabilities Drives the Market Growth

      2. 1.2.2 Increasing High-Speed Connectivity With Other Nations Drives the Market Growth

    3. 1.3 Market Restraints

      1. 1.3.1 Skilled Workforce Availability and Security Concerns

    4. 1.4 Value Chain / Supply Chain Analysis

    5. 1.5 Industry Attractiveness - Porter's Five Forces Analysis

      1. 1.5.1 Threat of New Entrants

      2. 1.5.2 Bargaining Power of Buyers/Consumers

      3. 1.5.3 Bargaining Power of Suppliers

      4. 1.5.4 Threat of Substitute Products

      5. 1.5.5 Intensity of Competitive Rivalry

    6. 1.6 Assessment of COVID-19 Impact

  2. 2. MARKET SEGMENTATION

    1. 2.1 Storage Technology

      1. 2.1.1 Network Attached Storage (NAS)

      2. 2.1.2 Storage Area Network (SAN)

      3. 2.1.3 Direct Attached Storage (DAS)

      4. 2.1.4 Other Technologies

    2. 2.2 Storage Type

      1. 2.2.1 Traditional Storage

      2. 2.2.2 All-Flash Storage

      3. 2.2.3 Hybrid Storage

    3. 2.3 End-User

      1. 2.3.1 IT & Telecommunication

      2. 2.3.2 BFSI

      3. 2.3.3 Government

      4. 2.3.4 Media & Entertainment

      5. 2.3.5 Other End-Users

Ireland Data Center Storage Market Size FAQs

The Ireland Data Center Storage Market size is expected to reach USD 0.71 billion in 2024 and grow at a CAGR of 14.01% to reach USD 1.56 billion by 2029.

In 2024, the Ireland Data Center Storage Market size is expected to reach USD 0.71 billion.

Ireland Data Center Storage Market Size & Share Analysis - Growth Trends & Forecasts (2024 - 2029)