Independent Economic Research

Applied Curiosity.
Actionable Insight.

Your forward-thinking economic advisory partner.

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What We Offer

Perspective Economics is an independent economic research firm specialising in emerging technologies and complex sectors that traditional methods struggle to capture. We combine rigorous analytical expertise with transparent, industry-leading AI tools to help governments and businesses make better-informed decisions.

Our work goes beyond standard economic analysis. We define new sectors, build taxonomies from scratch, and quantify activity where no official statistics exist. We are trusted by government and industry to deliver the evidence that shapes policy, investment and decision-making.

We use modern methods and machine-driven analytics to gather and interpret evidence; providing insight that drives real-world decisions.

Our Services

We use data and industry-leading analytics, together with deep subject matter expertise to identify, define, measure and assess the economic activity and policy interventions that matter.

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Sector Studies & Market Research

Mapping and measuring emerging technology sectors

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Economic Impact Analysis

Quantifying contributions to growth, jobs and GVA

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Evaluation & Policy Support

Value for money assessments and policy evaluation

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Economic Strategy & Advice

Evidence-led guidance on policy and investment

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Data Science & Forecasting

Machine-driven analytics and predictive modelling

Sector Studies & Market Research

We use proprietary and open data sources alongside our own analytical tools to identify and measure economic sectors that sit outside conventional classification systems. Our work spans cyber security, artificial intelligence, semiconductors and other emerging technology sectors, as well as creative industries and advanced materials.

Emerging Technology Taxonomy Design Market Sizing Trend Analysis

Economic Impact Analysis

We quantify the economic contribution of sectors, programmes and institutions, covering revenue, employment, GVA, tax revenue and regional spillover effects. Our impact work has demonstrated the value of investment in innovation centres, the arts, med tech and higher education, helping clients make the case for continued and increased investment.

GVA Analysis Employment Tax Revenue Regional Impact

Evaluation & Policy Support

We help policymakers understand whether public interventions are delivering value. Our evaluation work covers cost-benefit analysis, formative and summative evaluations, and value for money assessments, all compliant with HM Treasury Green Book guidance. We work closely with government departments to make sure findings are actionable, not just filed.

Cost-Benefit Value for Money Policy Evaluation Logic Models

Economic Strategy & Advice

We advise on strategic priorities, market positioning and investment decisions. Our strategy work draws on deep sectoral knowledge, particularly in digital and technology, combined with rigorous economic analysis. We've contributed to national strategies and help clients translate evidence into clear, defensible decisions.

Strategic Planning Market Trends Investment Cases Growth Strategy

Data Science & Forecasting

We apply machine learning, natural language processing and large-scale web analysis to identify companies, classify activity and forecast sector growth. Our AI-augmented approach lets us map sectors with thousands of firms that traditional surveys would miss entirely, giving our clients a far more complete picture of the landscape.

Machine Learning Web Analysis NLP Classification Predictive Models

How We Work

No two projects are the same. We design bespoke analysis around each client's question, and we don't stop at the answer. We tease out new questions that help our clients improve how they deliver, invest, and work.

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Scope & Define

We agree on the research question, define the methodology and set out what the final output needs to achieve.

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Research & Analyse

Data collection through surveys, web analysis and open sources, followed by econometric modelling and analysis.

03

Validate & Review

Findings are stress-tested by our team. We document every assumption and make our methodology fully transparent.

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Deliver & Advise

Publication-ready reports with clear recommendations. We present findings directly to stakeholders and support follow-up.

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Reports Published
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Years Operating
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Years Team Experience

Transparent AI, Credible Insight

We believe in the transformative potential of AI, but we're equally committed to its nuanced, transparent and ethical application. Our AI tools accelerate research and unlock patterns in complex data, but every finding is validated by experienced analysts who understand context, limitations, and real-world implications.

Partnership, Not Process

We work as an extension of your team. The directors you meet on day one are with you throughout, bringing unrivalled subject matter expertise, bespoke and curated datasets and a commitment to translating research into action.

Our Clients & Partners

Trusted By

Our Research

Please see below for some examples of our studies.

Sector Study
2025
For DSIT, with Ipsos

UK Cyber Security Sectoral Analysis 2025

Annual study identifying 2,165 cyber security firms across the UK. Sector revenue reached £13.2bn with 67,300 full-time employees.

Download PDF
Sector Study
2024
For DSIT

UK Artificial Intelligence Sector Study 2024

Identified 5,862 AI companies generating £23.9bn in revenue and employing over 86,000 people across the UK.

View on GOV.UK
Ecosystem Study
2025
For Cyber Ireland & NI Cyber

All-Island Cyber Security Ecosystem Report

First all-island study: 632 firms, 10,600 professionals and €3.2bn in sector revenue across Ireland and Northern Ireland.

Download PDF
Census
2025
For AICC (Ulster University / QUB)

AI Capability Census: Northern Ireland

Baseline study identifying 198 AI firms, 1,340 AI professionals, £188m revenue and £82m GVA across Northern Ireland.

Download PDF
Sector Study
2025
For DSIT/OfDIA, with Oliver Wyman

UK Digital Identity Sectoral Analysis

Developed the methodology to identify and analyse 266 digital identity firms. Sector valued at £2.1bn in revenue.

View on GOV.UK
Market Analysis
2024
For DSIT

AI and Software Cyber Security Market Analysis

Market analysis examining the intersection of AI and software security, identifying commercial opportunities and market dynamics.

Download PDF

Join Our Team

We bring together economists, data scientists and researchers who are genuinely interested in how economies work. Our team covers a range of sectors including cyber security, AI, digital identity, creative industries and advanced materials, and we're always looking for people who can combine analytical rigour with clear writing.

We're based in Belfast but work with clients across the UK and Ireland. If you're the kind of person who gets excited about deep economic research or answering hard questions, we'd love to hear from you.

No current vacancies — register your interest via the contact details below.

Get in Touch

Have a project in mind? Get in touch and we'll get back to you.

Our Office

Pearl Assurance House
1 Donegall Square East
Belfast, BT1 5HB