Market Size of ireland data center Industry
| Icons | Lable | Value |
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Study Period | 2017 - 2029 |
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Market Volume (2024) | 0.77 Thousand MW |
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Market Volume (2029) | 1.48 Thousand MW |
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Largest Share by Tier Type | Tier 3 |
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CAGR (2024 - 2029) | 13.86 % |
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Fastest Growing by Tier Type | Tier 4 |
Major Players |
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*Disclaimer: Major Players sorted in no particular order |
Ireland Data Center Market Analysis
The Ireland Data Center Market size is estimated at 0.77 thousand MW in 2024, and is expected to reach 1.48 thousand MW by 2029, growing at a CAGR of 13.86%. Further, the market is expected to generate colocation revenue of USD 2,959.9 Million in 2024 and is projected to reach USD 7,125.6 Million by 2029, growing at a CAGR of 19.21% during the forecast period (2024-2029).
USD 2,959.92 Million
Market Size in 2024
USD 7,125.6 Million
Market Size in 2029
46.4%
CAGR (2017-2023)
19.2%
CAGR (2024-2029)
IT Load Capacity
771 MW
Value, IT Load Capacity, 2024
The adoption of digital connectivity is catering to the need for more data storage, resulting in more servers in data centers. The number of users in the Video Streaming (SVoD) segment is expected to reach 2.2 million by 2027.
Total Raised Floor Space
Sq. Ft. 4.92 M
Volume, Raised Floor Space, 2024
The country's total raised floor area is expected to reach 8.2 million sq. ft by 2029. Ireland has been driven by increasing cloud usage across major enterprises as a result of advancements in technology drives the market demand.
Installed Racks
246,004
Volume, Installed Racks, 2024
The country's total number of installed racks is expected to reach 412,120 units by 2029. Dublin is expected to house the maximum number of racks by 2029.
# of DC Operators & DC Facilities
14 and 31
Volume, DC Facilities, 2024
Due to the evolving digital trends, data center companies in Ireland are seeing huge potential. The government announced its latest enterprise strategy, which includes having 90% of Irish SMEs at basic digital intensity by 2030.
Leading Market Player
11.9%
Market Share, CyrusOne Inc., 2023
In 2023, CyrusOne Inc. held a market share of 11.9%. The company provides direct connection via its 100% end-to-end core redundant Metro IX and National IX networks straight to Cloud Service Providers.
Tier 3 data center accounted for majority share in terms of volume in 2023, and is expected to dominate through out the forecasted period
- Tier 3 data centers are the most preferred in Ireland and registered at an IT load capacity of 164.61 MW in 2022. The capacity is expected to grow from 447.25 MW in 2023 to 1,080.85 MW in 2029, registering a CAGR of 15.84%. A Tier 3 data center has redundant and dual-powered servers, storage, network links, and other IT components. SMEs generally prefer using at least a Tier 3-rated system. SMEs are a vital component of the Irish economy, comprising 99.8% of active enterprises and 67.5% of all persons employed. End users such as BFSI and media and entertainment focus on hyperscale facility colocation. As of 2022, there were around 25 Tier 3 data centers in the country, and around 11 upcoming data centers are under construction with Tier 3 specifications.
- Tier 4 data centers are the second most preferred data centers, mainly by large enterprises, as they provide 99.99% uptime. Cost constraint is the major drawback leading to the low adoption of Tier 4 facilities. However, with data traffic generation, the upcoming facilities will have Tier 4 certification since this tier enables the site infrastructure to sustain unplanned failures that would otherwise adversely affect the critical load. Tier 4 facilities are expected to hold a market share of 22.4% by 2029, up from 2% in 2023 and 66 MW by value in 2022.
- Tier 1&2 data centers are the least preferred due to their expected uptime of 99.671% (28.8 hours of downtime annually). These data centers are commonly utilized by micro businesses that want a cost-effective solution for their data storage needs. However, due to lower functionality, even SMEs are focusing on adopting wholesale colocation services under Tier 3 facilities. Tier 1 &2 DCs are expected to showcase the least growth through the forecast period.
Understand The Key Trends Shaping This Market
