As an English-speaking, highly skilled member of the European Union, Ireland is considered by many U. S. companies to be a natural location for distribution throughout the EU and a natural gateway for access to 448 million consumers. Ireland is also a springboard for sales and support beyond Europe with several U. S. multinationals designating their Irish operations as their Europe, Middle East, and Africa (EMEA) headquarters.
Strong household internet access (94%) and smartphone usage (90%) are driving Irish online retail activity. Mobile commerce is becoming especially strong with the increase in consumers’ smartphone usage. Many companies have pivoted to online sales and increased digitalization is creating new opportunities for ICT software, Internet of Things (IoT), and digital and automation solutions.
Opportunities exist for innovative U. S. companies to enter into collaborative agreements with Irish companies particularly across cybersecurity, ICT/software, digital services, IoT/AI, smart/safer cities, smart energy/storage, healthcare/medical devices, digital health solutions, defense and safety/security technologies. In the longer term, large-scale infrastructure projects are emerging in the telecommunications, port infrastructure, energy and transportation sectors, as the government implements the Project Ireland 2040 plan.