Ireland’s digital economy is advancing rapidly, with significant growth in e-commerce revenue, IoT adoption, and SME digital usage intensity.
- In 2024, Ireland’s e-commerce revenue is projected to reach $5.42 billion, growing at a CAGR of 10.05% from 2024 to 2029, potentially reaching $8.75 billion by 2029. || Source: Statista
- Moreover, in 2022, 49% of Irish enterprises made purchases via e-commerce, with large enterprises leading at 54%. Additionally, one enterprise out of four reported e-commerce sales. || Source: Central Statistics Office
+ Building on this digital growth, Ireland’s IoT market was projected to generate $3.76 billion in revenue in 2024, with a CAGR of 9.58% from 2024 to 2029, reaching $5.94 billion. || Source: Statista - Furthermore, by 2021, 34% of Irish enterprises were already utilizing IoT devices, outperforming the EU average of 29%. || Source: EuroStat
+ In addition to advancements in IoT, Ireland’s Digital Economy and Society Index (DESI) 2023 report revealed that 85% of Irish SMEs achieved a basic level of digital usage intensity, far exceeding the EU average of 59% and on the path to achieving the 2030 target of 90%.
