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Ireland’s economy is dominated by the service sector, which contributed approximately 72% to the total GDP in 2014. The country went through the global recession in 2009, but strong fundamentals have led the country to survive the crisis. Mining and quarrying makes the major contribution to GDP at 25.9%. Ireland presents str

ong investment opportunities in IT business and computer hardware. Ireland is one of the leading exporters of IT business services and computer hardware across the world. Information technology is the leading industry in Ireland.
 
Lucintel, a leading global management consulting and market research firm, has analyzed the political, economic, social, technological, legal, and environmental factors of Ireland and has come up with a comprehensive research report, “PESTLE Analysis of Ireland 2015”. This report provides an analysis of Ireland’s economy from historical, current, and future perspectives. SWOT analysis, scenario analysis, and risk analysis of Ireland are also included in the report. The report also includes forecast of the economic growth through 2020. 
 
The report highlights various drivers and challenges which have influenced investment decisions in the economy. Ireland is a politically stable country and a parliamentary representative democratic republic. Ireland is a net exporter country, and it mainly exports commercial IT services, chemical, and pharmaceutical products. Ireland’s economic growth is mainly driven by exports, but the country also imports some such products as mineral fuels, oil, and machineries. Ireland is intensively involved in foreign trade. Huge investment opportunities lie in sectors such as organized retail, healthcare, education, residential housing, and banking and financial. Demographic dividend acts as a strength for Ireland’s population which was 4.3 billion in 2014. The country’s young population is approximately 55.4% of the total population, leading to a high domestic demand. The country, however, is facing challenges, such as high debt risk. 

 
This unique report from Lucintel will provide you with valuable information, insights, and tools needed to identify new growth opportunities and operate your business successfully in this market. This report will save hundreds of hours of your own personal research time and will significantly benefit you in expanding your business in this market. In today’s stringent economy, you need every advantage that you can find.
 
To make business, investment, and strategic decisions, you need timely, useful information. This market report fulfills this core need and is an indispensable reference guide for multinational materials suppliers, product manufacturers, investors, executives, distributors, and many more that operate in this market. 
 
Some of the features of this report:
  • Trend and forecast for key macroeconomic variables that are useful to make major investment decision
  • Analysis on economic activity, investment environment, and trade structure of the country
  • Major industries in Ireland and its contribution to GPD
  • Trends in savings, investments, and consumptions 
  • Analysis of Political, Economic, Social, Technological, Legal, and Environmental scenarios as well as their impact on different industries
  • Analyses on geographical importance and social structure such as labor quality
  • Strength, Weakness, Opportunity, and Threat (SWOT) analysis of Ireland
 
Table of Contents
1. Executive Summary
 
2. Ireland Political Analysis
2.1: Structure and stability of government
2.2: Government changes and policy stability
2.2.1: Policy agenda- reforms and future plans
 
3. Ireland Economic Analysis
3.1: GDP growth rate and sectoral contribution to GDP
3.2: Scenario analysis-future economic growth scenario of Ireland
3.3: Pricing trends-recent developments
3.4: Major economic growth drivers- consumption, saving, and investment
3.5: International trade and its contribution to GDP
3.6: Foreign Direct Investment (FDI) - pattern of investment
 
4. Ireland Economic and Business Risk Analysis
4.1: Risk in financial sector
4.1.1: Risk in current account balance
4.1.2: Risk in Balance of Payment (BOP)
4.1.3: Government revenue and expenditure
4.1.4: External debt and default risk
4.1.5: Risk in foreign exchange reserves and exchange rate
4.2: Credibility in debt market
 
5. Ireland Social Analysis
5.1: Social and demographic analysis
5.2: Labor market- quality and availability
5.3: Social development index
 
6. Ireland R&D and Technological Factors
6.1: R&D expenditure-technological changes
6.2: Impact of technology in industry
6.3: Technology policy
 
7. Ireland Legal Analysis
7.1: Company law
7.2: Labor law
7.3: Tax law
7.4: Economic policies- recent developments
7.5: Doing business in Ireland 2014- process to establish a business
 
8. Ireland Environmental Analysis
8.1: Environmental policy
 
9. SWOT Analysis-Search of Potential Opportunities in Ireland
 
List of Figures

Chapter 3. Ireland Economic Analysis
Figure 3.1: Global economic scenario
Figure 3.2: Trend of real GDP growth rate
Figure 3.3: Future economic growth scenario of Ireland
Figure 3.4: Trend of per capita income
Figure 3.5: GDP sectoral contribution, 2012
Figure 3.6: Share of different sectors to GDP
Figure 3.7: Trend of leading industries in Ireland
Figure 3.8: Annual trend of inflation and interest rate
Figure 3.9: Trend of savings and investments as percentage of GDP
Figure 3.10: Trend of consumption expenditure as percentage of GDP
Figure 3.11: Ireland’s international trade structure
Figure 3.12: Exports and imports as percentage of GDP
Figure 3.13: Trend of FDI inflows in Ireland
 
Chapter 4. Ireland Economic and Business Risk Analysis
Figure 4.1: Trend of current account balance and percentage of GDP
Figure 4.2: Terms of trade of Ireland
Figure 4.3: Trend of balance of payment
Figure 4.4: Trend of gross government debt as percentage of GDP
Figure 4.5: Trend of fiscal balance as percentage of GDP
Figure 4.6: Trend of gross government debt 
Figure 4.7: Trend of foreign exchange reserves and exchange rate
 
Chapter 5. Ireland Social Analysis
Figure 5.1: Political map of Ireland
Figure 5.2: Trend of population in Ireland
Figure 5.3: Population age structure
Figure 5.4: Trend of unemployment rate in Ireland
 
Chapter 6. Ireland R&D and Technological Factors
Figure 6.1: Trend of R&D expenditure in Ireland
 
 
List of Tables
Chapter 1. Executive Summary
Table 1.1: Factors affecting business in Ireland
 
Chapter 2. Ireland Political Analysis 
Table 2.1: Political Factors and their Impact on Business
 
Chapter 3. Ireland Economic Analysis
Table 3.1: Factors affecting industrial growth
Table 3.2: Economic factors and their impact on business 
Table 3.3: Economic insights of Ireland
 
Chapter 4. Ireland Economic and Business Risk Analysis 
Table 4.1: Credit rating of countries by Moody’s, Fitch, and S&P
 
Chapter 5. Ireland Social Analysis
Table 5.1: Corruption, GINI, homicide, and human development index
Table 5.2: Social factors and their impact on business
 
Chapter 6. Ireland R&D and Technological Factors
Table 6.1: Technological Factors and their Impact on Business
 
Chapter 7. Ireland Legal Analysis
Table 7.1: Tax rates in Ireland, 2013
Table 7.2: Indicators for starting business
Table 7.3: Ranking in 2013 for ease of doing business
Table 7.4: Legal factors and their impact on business
 
Chapter 8. Ireland Environmental Analysis
Table 8.1: Environmental factors and their impact on business
.

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25 valuable figures/charts and 14 tables are provided in this roughly 74-page report.
Lucintel has been in the business of market research and management consulting since 2000 and has published over 1000 market intelligence reports in various markets / applications and served over 1,000 clients worldwide. This study is a culmination of four months of full-time effort performed by Lucintel's analyst team. The analysts used the following sources for the creation and completion of this valuable report:
  • In-depth interviews of the major players in this market
  • Detailed secondary research from competitors’ financial statements and published data 
  • Extensive searches of published works, market, and database information pertaining to industry news, company press releases, and customer intentions
  • A compilation of the experiences, judgments, and insights of Lucintel’s professionals, who have analyzed and tracked this market over the years.
Extensive research and interviews are conducted across the supply chain of this market to estimate market share, market size, trends, drivers, challenges, and forecasts. Below is a brief summary of the primary interviews that were conducted by job function for this report.
 
Thus, Lucintel compiles vast amounts of data from numerous sources, validates the integrity of that data, and performs a comprehensive analysis. Lucintel then organizes the data, its findings, and insights into a concise report designed to support the strategic decision-making process. The figure below is a graphical representation of Lucintel’s research process.