The Republic of Ireland has become a hotspot for the gaming industry, with international companies increasingly establishing a presence there in recent years.
The government has made its business environs conducive for technology giants, turning Ireland into a prime destination for investment and development.
Ireland’s appeal to gaming companies from the United States speaks volumes about the Emerald Isle’s standing on the world stage.
The Rise of Ireland as a Gaming Hotbed
Ireland has attracted several world-class tech firms to its bustling Silicon Docks in Dublin, giving the gaming industry a solid foundation to work from.
Of the 20 top tech companies in the world, 16 now operate in Ireland. Google, Facebook, Amazon and more have already created the perfect ecosystem for gaming firms to tap into.
Ireland has become a focal point for gaming companies due to its business-friendly policies. For example, the Irish government recently introduced a digital gaming tax credit, allowing up to 32 percent refundable tax credits.
US industry giants such as like Electronic Arts, Activision Blizzard and Riot Games have taken advantage of the lenient laws to set up operations in Ireland.
A Strategic Location for US Companies
Ireland gives American companies a positional advantage. The island nation is between Europe and North America, allowing easy and seamless access to the two markets.
The Emerald Isle is the only nation in the European Union that speaks English, making it an ideal and cost-effective base for US outfits looking to penetrate the European market. There are direct flights from Ireland to key locations in Europe and the US.
Ireland has the structure to support the gaming industry. The government invested heavily in building the digital infrastructure for cloud gaming and eSports.
They support digital and tech enterprises and enacted a long-term strategy that makes technology, including gaming, a cornerstone of the Irish economy.
A 2023 Bloomberg-led study revealed that 51% of investors were attracted by the Irish expertise in advanced technologies such as artificial intelligence (AI), robotics, cloud engineering and data science.
This single-minded focus on technology will spur growth in the gaming industry, attracting more US firms to Ireland.
A Skilled Workforce and Deep Talent Pool
Ireland’s pool of tech talents is one of the main reasons the country has become an influential player globally.
The Emerald Isle has one of the highest science, technology, engineering and mathematics (STEM) graduates per capita in Europe.
There is a deep pool of skilled software developers, designers, animators and video producers, making the country an attractive place for gaming companies to pitch their tent.
The Irish government also shelled out big money on education to maintain their standing as the top destination for the most talented tech workforce.
Trinity College Dublin, the Dun Laoghaire Institute of Art, Design and Technology, and the Tyndall National Institute have helped churn a steady stream of graduates with the finest skills to achieve great things in the gaming industry.
Many of these graduates and professionals work in Ireland’s thriving online iGaming industry, which contributes massive revenues to the overarching gaming industry each year.
Many popular Irish online casinos sites are among the top-ranked platforms in the sector, highlighting the excellent work done by the people who developed them.
US companies are usually keen on diversity, and Ireland’s multicultural workforce is perfect for them. Many professionals of US, European, African and Asian origin call Ireland home.
They are usually hotcakes in the gaming sector, with companies seeking potential hires with international experience and a different perspective.
Irish-American Connection Feeds Growth
Ireland’s connection with the US is a pivotal reason why the island country is a gaming hotbed. Most gaming companies pouring money into Ireland have deep ties to the US market.
Ireland has a thriving diaspora. They are one of the most influential and widespread communities, especially in the US.The cultural and business connections between Ireland and the US help foster collaboration, making it easier for American companies to navigate the Irish market.They share history and cultural ties and there is a trust and familiarity between the two countries that allows business to move seamlessly across borders. Most US companies see Ireland as the perfect base to spread their wings into Europe.
Consequently, Ireland is now a home for gaming companies eager to scale operations into the global market. It is business-friendly, imbued with talent, and located in the perfect place for US-based companies looking to reach the European market while maintaining their presence in North America.
The gaming industry will be worth around $470 billion by 2030, and Ireland is set to be one of the key actors in this sector.