Digital economy ‘to create 18,000 jobs’

The digital economy has the potential to create 18,000 jobs over the next three years and the internet sector has the potential to double its contribution from 3% to 6% of GDP over the same period, according to a report.

The UPC report on Ireland’s digital future, which was conducted by Amárach Research, found that revenues from the internet economy could double to €11.3bn by 2016 if current trends continue.

“This will be underpinned by 2.6m Irish online shoppers spending €5.7bn (7% of all consumer spending) in 2016, compared to €3.7bn in 2012.”