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Northern Ireland's AI Economy Set to Double by 2028 - Where Helix8 Fits in the £188M Growth Story

New research from Ulster University reveals Northern Ireland's AI sector is thriving with 198 firms generating £188M in revenue, positioned to double by 2028. Discover how Helix8 is contributing to this remarkable growth story in Belfast's emerging AI ecosystem.

11 August 2025•4 min read•By Helix8 Team
Northern Ireland's AI Economy Set to Double by 2028 - Where Helix8 Fits in the £188M Growth Story

Northern Ireland Punches Above Its Weight in AI Innovation

Groundbreaking research from the Artificial Intelligence Collaboration Centre (AICC) at Ulster University has revealed that Northern Ireland's AI economy is not just surviving—it's thriving. The comprehensive AI Capability Census shows our region generating £188 million in AI-related revenue in 2024, with projections to double this figure by 2028.

The Numbers That Matter

The research, delivered by Perspective Economics and supported by Invest Northern Ireland and the Department for the Economy, paints an impressive picture of our local AI landscape:

  • 198 firms actively engaged in AI across Northern Ireland
  • 1,340 AI professionals currently employed in the sector
  • £82 million in Gross Value Added (GVA) generated in 2024
  • 73% of AI firms concentrated in Belfast

Belfast: The Heart of Northern Ireland's AI Revolution

With nearly three-quarters of AI firms and 89% of AI employment concentrated in Belfast, our city has emerged as the undisputed hub of Northern Ireland's artificial intelligence sector. This concentration creates a powerful ecosystem where companies like Helix8 can collaborate, innovate, and drive technological advancement.

The research identifies strong sectoral strengths across:

  • Services and consulting (35%) - where companies provide AI implementation expertise
  • Software and development (33%) - building the AI-powered solutions of tomorrow
  • Health and life sciences (9%) - applying AI to improve healthcare outcomes

Helix8's Role in the Growing Ecosystem

As one of Northern Ireland's innovative technology companies, Helix8 exemplifies the report's findings about our region's strength in "practical, implementation-focused AI." Our work in IoT development, AI analytics platforms, and smart sensor solutions directly contributes to the £188M economy identified in the census.

David Crozier CBE, Director of the AICC, noted that "Northern Ireland punches well above its weight in practical, implementation-focused AI. Our strength isn't in theoretical research alone, but in applying AI to real-world challenges."

This perfectly describes Helix8's approach—we don't just develop AI technology; we implement it to solve real business challenges across industries from manufacturing to agriculture.

The Road to 2028: Doubling Our Impact

The report's mid-growth scenario projects that with the right interventions, Northern Ireland's AI-related GVA could reach £200 million by 2028, supporting over 2,000 AI professionals. This represents more than doubling the sector's economic contribution in just four years.

Economy Minister Dr Caoimhe Archibald emphasised the transformative potential: "Artificial intelligence will transform our economy. This report shows both the strength of our AI sector and the potential ahead."

What This Means for Northern Ireland Businesses

The census reveals that over half of firms (51%) are developing or enhancing AI-powered products, while 33% provide AI implementation and advisory services. This creates tremendous opportunities for businesses across Northern Ireland to:

  • Adopt AI technologies to improve efficiency and competitiveness
  • Partner with local AI companies like Helix8 for digital transformation
  • Access the growing pool of AI talent in the region
  • Benefit from government support for AI adoption and innovation

Looking Forward: Northern Ireland's AI Future

This census marks a defining moment for Northern Ireland's technology sector. With companies like Helix8 leading practical AI implementation across industries, our region is uniquely positioned to capture the growing global demand for AI solutions.

The combination of strong academic research from Ulster University and Queen's University Belfast, government support through Invest Northern Ireland, and innovative companies applying AI to real-world challenges creates a powerful foundation for sustainable growth.

As we look towards 2028, Northern Ireland's AI economy isn't just growing—it's demonstrating that our region can compete globally while solving local challenges through innovative technology.

Partner with Northern Ireland's AI Leaders

Interested in how AI can transform your business? Helix8 specialises in practical AI implementation, IoT solutions, and digital transformation across Northern Ireland. Contact us today to discover how we can help your business become part of this remarkable growth story.

Author

H
Helix8 Team

The Helix8 team consists of experienced technology professionals specialising in AI, IoT, and industrial automation solutions.

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