How big is the Ireland ICT Market?

The Ireland ICT Market size is expected to reach USD 21.86 billion in 2024 and grow at a CAGR of 8.39% to reach USD 32.56 billion by 2029. Read More

What is the current Ireland ICT Market size?

In 2024, the Ireland ICT Market size is expected to reach USD 21.86 billion. Read More

Who are the key players in Ireland ICT Market?

Microsoft Corporation, Inc., Oracle Corporation, Amazon Web Services (AWS), Google (Alphabet Inc.) and Intel Corporation are the major companies operating in the Ireland ICT Market. Read More

What years does this Ireland ICT Market cover, and what was the market size in 2023?

In 2023, the Ireland ICT Market size was estimated at USD 20.03 billion. The report covers the Ireland ICT Market historical market size for years: 2019, 2020, 2021, 2022 and 2023. The report also forecasts the Ireland ICT Market size for years: 2024, 2025, 2026, 2027, 2028 and 2029. Read More

Ireland ICT Market Size & Share Analysis - Industry Research Report

Ireland ICT Market Size & Share Analysis - Growth Trends & Forecasts (2024 - 2029)

The Ireland ICT Market Report is Segmented by Type (Hardware, Software, IT Services, and Telecommunication Services), Size of Enterprise (Small and Medium Enterprise and Large Enterprises), and Industry Vertical (BFSI, IT and Telecom, Government, Retail, and E-Commerce, Manufacturing, Energy and Utilities, and Other Industry Verticals). The Market Size and Forecasts are Provided in Value (USD) for all the Above Segments.

Ireland ICT Industry Overview

The Irish ICT market is fragmented, with numerous competitors and competing technologies that provide intense rivalry among the players. Further, acquisitions and collaborations of large companies with start-ups are expected, focusing on innovation. Some of the players include Google, Microsoft, Oracle, and Intel.

March 2024: Oracle unveiled its plan to introduce Oracle Payroll, tailored specifically for Ireland, as an integral component of Oracle Fusion Cloud Human Capital Management (HCM). This localized offering, an extension of Oracle's renowned global payroll system, is set to bring advanced features to the Irish workforce. These include AI-powered risk management, streamlined workflows, compliance tools, enhanced data analytics, and expedited payroll processing.
June 2024: Apollo Global Management, a buyout firm, was expected to acquire a 49% equity stake in Intel's manufacturing facility in Ireland for a substantial USD 11 billion. This acquisition specifically targeted Intel's Fab 34 facility in Leixlip, Ireland, which notably houses the US chipmaker's cutting-edge Intel 4 manufacturing process, utilizing advanced extreme ultraviolet lithography machines. The transaction, planned for closure in the second quarter, not only marked a strategic move for Apollo but also positioned Intel to reallocate its resources, potentially bolstering other segments of the business.