Data Processing & Hosting Services in Ireland - Industry Research Report

On cloud nine: Cloud computing has forged new markets for the industry

The Data Processing and Hosting Services industry has evolved significantly over the past decade with the emergence of cloud computing, forging new markets. Over the five years through 2023, revenue has grown at a compound annual rate of 1.8% to €5.9 billion. The rising number of mobile connections and higher demand from banks have fuelled growth. Cloud computing can reduce operating costs, leading to the introduction of new services that make sharing data more efficient.

Companies in the industry provide infrastructure for hosting, data processing services and related activities. These include web and application hosting, streaming services and providing mainframe facilities, data processing and data entry services. The industry excludes activities where the supplier only uses the computer as a tool and does not provide any additional processing or hosting services.

This report covers the scope, size, disposition and growth of the industry including the key sensitivities and success factors. Also included are five year industry forecasts, growth rates and an analysis of the industry key players and their market shares.