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 study 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.
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.
Quotes
Cyber Ireland – “Cybersecurity is not just a technological issue, it’s a strategic economic opportunity. This report demonstrates the strength of the all-island cybersecurity sector and the huge potential to improve our cyber resilience and drive economic growth by working together. The signing of the MoU between Cyber Ireland and NI Cyber is a major step forward in that journey.”
NI Cyber – “The cybersecurity threats we face don’t stop at borders. Through enhanced collaboration, boost innovation and better support our companies and communities. This report and its findings highlight the opportunity for our respective clusters. The MoU paves the way for joint action and shared success. 42 cybersecurity companies already have active offices in both NI and Ireland, which shows a clear appetite for cross-border collaboration, and we must now work to realise the opportunities of a more integrated all-island cybersecurity market.”
InterTradeIreland – “Cybersecurity is now a critical and vital consideration for all businesses. This report, funded by our Synergy programme, will benefit all businesses across the island of Ireland as they strive to collectively improve their cybersecurity preparedness, support their digitalisation processes and reduce their risk of cyber-attacks. InterTradeIreland is committed to supporting the cybersecurity sector as it continues to collaborate, innovate and overcome obstacles to further accelerate growth potential.”