More than 90,000 people were employed in the ICT sector across over 5,000 companies
Workers in the tech sector have the highest annual earnings in Ireland, with employees receiving a total of €8.5bn in wages in 2019.
According to the Central Statistics Office (CSO), 90,766 people were employed in information and communications technology (ICT) across 5,178 companies.
Over 4,400 of these were domestic companies operating in the industry in 2019, with these organisations accounting for almost half of employment across the entire sector.
These local companies also paid their employees €2bn in wages across the year.
The CSO report also indicated that around 63pc of those employed in the industry had an undergraduate degree or higher and that its workers were among the most highly educated in the Irish economy.
The industry is Ireland’s most productive and large companies of more than 250 employees had gross value added per worker of €704,193, more than 10 times that of medium and small firms.
Across the entire sector, the CSO reported that 32pc of all ICT employees were female, with women comprising only 5pc of all telecommunication engineer roles in Ireland.
Those employed in the industry also tended to look within the sector for a new position, with the 10pc of all ICT employees who did leave their jobs in 2019 remaining in the area.
A fifth of those who did change jobs opted to move between the multinationals and domestic enterprises.
The ICT sector is heavily oriented to exports and €117bn of the €128bn output from the industry was exported in 2019. Domestic firms exported half of their production, an amount that reached almost €2bn.
The top export products included computer and information services, as well as charges for IP.
Total investment in the sector was €103bn, 10pc of all capital assets here.
CSO senior statistician Michael Connolly said the findings illustrated the dominance of multinationals.
“The report presents some of the staggering figures for the global corporations here: imports and exports that amount to a quarter of the GDP for the country as a whole,” he said.
“The large foreign multinational ICT companies are making large profits here, most of which flow out to their owners, but they paid almost €4bn in taxes in 2019 before their profits flowed out,” he added.