Ireland and Northern Ireland are recognised individually as strong international locations for cybersecurity business. The opportunity now exists to leverage the individual strengths and work together to position the All-Island Cybersecurity Sector as an international leader. This all-Island collaboration will ensure greater cyber resilience and realise all-island growth opportunities.
Cyber|Ireland and NI Cyber, the island’s cybersecurity cluster organisations, have come together to realise the island’s cybersecurity sector potential. With support from InterTradeIreland’s Synergy Programme they commissioned a research project led by Perspective Economics to assess the current state and future potential of the all-island cybersecurity sector.
The All-IslandCyber Security Sector Research Report employed a comprehensive approach, including analysis of company data, web analysis, a survey of 76 cybersecurity businesses, and secondary data analysis. The report maps the size and scale of the all-island cyber security sector, including key metrics such as the number of companies, revenue, employment, and investment. It identifies the key cybersecurity providers serving the Irish and Northern Irish markets, as well as companies operating in both regions. It estimates the potential growth of the all-island cyber security sector based on current trends and future projections and identifies the barriers.
The report was supported by InterTradeIreland and delivered by Perspective Economics, finding that the all-island cyber sector is a leader in Europe with:
• 632 plus companies
• 10,600 professionals
• €3.2 billion (£2.9bn) in sector annual revenue & 13.4% annual sector growth
• €1.5 billion (£1.3bn) in Gross Value Added (GVA)
This report provides key findings and recommendations to support evidence-based decision-making and help shape strategies to support the growth and competitiveness of the sector, ultimately contributing to the economic development and improved cyber resilience of organisations across Ireland and Northern Ireland, and the organisations they serve globally.
Following the report launch, Cyber Ireland and NI Cyber have agreed a landmark Memorandum of Understanding (MoU) to align activities, deepen cross-border collaboration and unlock new opportunities.
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