Key Market Indicators
Irish data center revenue is projected to surge to approximately €7.5 billion by 2028, up from around €5.6 billion in 2023. This expansion represents a compound annual growth rate (CAGR) of 4.6%. Since 2019, the Irish market has experienced a robust annual growth rate of 11.6%. Despite this impressive performance, Ireland ranked sixth in 2023, with Italy surpassing it to secure the same revenue figure of €5.6 billion. In the broader European context, Sweden, Germany, and the United Kingdom claimed the second, third, and fourth spots, respectively, in the data center revenue rankings for 2023.
