Richard Bruton (Dublin North Central, Fine Gael)

Digital gaming is one of a number of key sectors which I see as offering strong potential for growth and increased employment in Ireland. The global video games market was valued at $55.5 billion in 2010 and is expected to grow to $82.5 billion by 2015, making it the fastest growing segment of the wider entertainment and media sector. It is eclipsing music and box office figures at this stage. The increasing popularity of social gaming and online play has changed the shape of the industry. This has opened up not just a global market for developers, but also opportunities for the industry to find new locations offering local talent and favourable tax regimes. It is a rapidly moving marketplace and one where Ireland could become a significant player.

The programme for Government includes a commitment to support the digital games industry and promote Ireland as a digital gaming hub. The sector directly employed 1,500 people in Ireland in 2010 in core games companies, representing a four-fold increase since 2004, with a further 1,000 employed in online gambling. There is considerable potential for jobs growth in the core video game sector, with a number of announcements by IDA and Enterprise Ireland-supported companies already in 2011. There is potential to increase employment in the sector to 4,500 by 2015, and for growth across related sectors or activities, such as eLearning and animation. Potential growth opportunities for Ireland lie in the areas of advanced game servicing, games development, games publishing and enabling technologies.

I recently met representatives from the digital gaming industry to discuss how we could work with them to further develop the sector. At present, Forfás is preparing a report for me on the potential of the sector. The report will identify key actions that need to be taken to optimise its development. IDA Ireland, Enterprise Ireland and representatives of the digital gaming sector have provided input to this process.

While focused on the electronic games industry, the Forfás study will contribute to a better understanding of the needs of the wider digital economy in Ireland and the policy framework and actions required to facilitate its growth. I expect to receive the report before the end of this month. I will give it early consideration and seek the support of my Government colleagues to take appropriate actions required to develop the sector further.

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