Offshoring is projected to generate up to $4bn for Ireland's economy by the end of the decade, research from recruiter Robert Walters has found.
The value of the sector is expected to increase by a third (33%) from $3bn at present by 2030 while adding 38,000 jobs over the next five years as international companies increasingly establish operations in Ireland to access talent.
The forecast reflects a shift in the global offshoring landscape from focusing on cost-saving and volume to building capacity, quality and resilience by tapping into skilled international workforces.
“Offshoring in Ireland is entering a new phase of strategic growth,” says Phill Brown, head of market intelligence at Robert Walters.
“The expansion underlines how Ireland is becoming a key hub for international companies seeking high-value, technology-driven services.
"Beyond job creation, it strengthens the country’s role in supporting innovation, data-driven decision-making, and the development of specialised capabilities that are highly sought after across Europe.”
Key factors driving the growth include EU membership, strong regulatory alignment, access to European markets, and a highly educated, technology-savvy workforce.
Robert Walters said this foundation had enabled Ireland to take on increasingly complex offshore functions, with strong demand for professionals skilled in technology, tech team leadership, and data analysis.
“More companies are viewing offshoring not as a cost-cutting tactic but as a talent access strategy. Ireland offers a unique combination of advanced digital capabilities, a highly agile workforce, and EU regulatory compliance, which allows organisations to operate confidently across European markets,” said David Barr, chief executive of outsourcing at Robert Walters.
“As businesses re-evaluate global workforce strategies, Ireland will continue to stand out for its strong innovation, startup ecosystem and access to EU markets,” added Suzanne Feeney, country manager of Robert Walters Ireland.
“Professionals can position themselves to capitalise on the offshoring ‘boom’ by targeting job applications to multinational companies expanding their operations into Ireland and developing strategic skills that align with high-growth industries like energy and technology.”
(Pic: Getty Images)
