Ireland - Market OpportunitiesIreland - Market Opportunities
- The short-term outlook for the Irish economy is positive having recorded an 8.2 percent increase in GDP in 2018. With increased employment and steady consumer spending, growth is expected to come in just under 5 percent in 2019.
- As a member of the Eurozone, Ireland is considered by many U.S. companies to be a natural location for distribution throughout the EU and the true gateway for access to 741 million consumers. Ireland is also a logical springboard for sales and support beyond Europe with several U.S. multinationals designating their Irish operations as their EMEA headquarters.
- There are significant opportunities within the Irish market for small-to-medium sized U.S. exporters across a wide range of products, technologies and services. Best prospects include Cybersecurity, Energy, ICT and Smart Cities, Medical Devices and eHealth.
- Long-term growth sectors include sustainable energy (ocean/marine), environmental technologies, energy efficiency and green building, and security products and services.