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Digital sector could create 18k jobs here

THE digital economy has the potential to create 18,000 high quality jobs in Ireland, according to research from TV and telecoms provider UPC.

The sector will contribute over €11bn to the wider economy by 2016, the research shows.

This will be underpinned by 2.6m online shoppers, who will spend €3.7bn in 2012, rising to €5.7bn or 7pc of all consumer spending in 2016.

At present, the internet economy accounts for roughly 3pc of Irish GDP and this is set to double to 6pc over the next four years.

Pictured are Communications, Energy and Natural Resources Minister Pat Rabbitte and UPC Ireland CEO Dana Strong at the launch of The UPC Report on Ireland's Digital Future.