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Cyberstates Report Highlights Tech Sector Growth

CompTIA's 2018 Cyberstates report analyzes the tech sectors of each state in the U.S. with a focus on employment, salary, and overall economic growth.

Cyberstates Report Highlights Tech Sector Growth

“Employer demand for tech talent continues to outstrip supply in many markets,” said Tim Herbert, Senior Vice President of Research and Market Intelligence for CompTIA. “Nationally, the number of job postings associated with emerging technologies increased 27 percent year-over-year – further confirmation employers are ramping up hiring in areas such as the Internet of Things, artificial intelligence, machine learning, autonomous vehicles, augmented and virtual reality, and more.”

Key highlights from the report:

  • Net tech employment in the U.S. reached an estimated 11.5 million workers in 2017, an increase of nearly 200,000 new jobs.
  • The tech sector produces $1.6 trillion, representing 9.2% of the national economy.
  • California accounts for nearly 25% of the national tech sector payroll and 17% of tech sector workers. California sits well above the average tech sector wage of $112,900, but when excluding California from the calculation, the average wage falls to $102,800.
  • The average tech sector wage was more than double – 107% higher, the average national wage of $54,520 in 2017.

Arizona

  • Tech industry employment expanded by 4,290 jobs in 2017 and contributed $28.5 billion to the state’s economy.
  • Ranked 18th in the U.S. in net tech employment with 237,100 workers, accounting for 7.8% of Arizona's total workforce.
  • Average tech industry wage is $99,960, compared to the state’s average private sector annual wage of $49,500.
  • The tech sector is responsible for an estimated 10.1% ($28.5 billion) of the overall state economy.
  • Arizona saw a 21.2% jump in the number of job postings related to emerging technologies in 2017.

California

  • Tech industry employment expanded by 43,600 jobs in 2017 and contributed $385.8 billion to the state’s economy.
  • Ranked 1st in the U.S. in net tech employment with 1,749,400 workers, accounting for 9.1% of the state’s total workforce.
  • Average tech industry wage in California is $161,900, compared to the state’s average private sector annual wage of $64,130.
  • The tech sector is responsible for an estimated 16% ($385.8 billion) of the overall state economy.
  • California saw an 8.3% jump in the number of job postings related to emerging technologies in 2017.

Florida

  • Tech industry employment expanded by 12,020 jobs in 2017 and contributed $63.5 billion to the state’s economy.
  • Florida made a big jump in its Cyberstates Innovation Score, placing 2nd this year, up from 23rd a year ago (based on tech patents awarded, tech startups and new tech business establishments).
  • Ranked 4th in the U.S. in net tech employment with 539,100 workers, accounting for 5.7% of the state’s total workforce.
  • The tech sector is responsible for an estimated 7.4% ($63.5 billion) of the overall economy.
  • Florida saw a 64.5% increase from 2016 to 2017 in the number of job postings related to emerging technologies.

Georgia

  • Tech industry employment expanded by 7,290 jobs in 2017 and the tech sector contributed $46.8 billion to the state’s economy.
  • Ranked 12th in the U.S. in net tech employment with 349,700 workers, accounting for 7.2% of the state’s total workforce.
  • The average tech industry wage in Georgia is $97,940, compared to the state’s average private sector annual wage of $51,490.
  • The tech sector is responsible for an estimated 9.5% ($46.8 billion) of the overall state economy.
  • Ranked 5th in Cyberstates Innovation Scores (based on tech startups, new tech business formations and venture capital investments).
  • Georgia saw a 39.6% jump in the number of job postings related to emerging technologies.

Illinois

  • Tech industry employment expanded by 4,040 jobs in 2017 and contributed $48.7 billion to the state’s economy.
  • Ranked 5th in the U.S. in net tech employment with 437,200 workers, accounting for 6.8% of the state’s total workforce.
  • The average tech industry wage in Illinois is $100,580, compared to the state’s average private sector annual wage of $57,360.
  • The tech sector is responsible for an estimated 6.7% ($48.7 billion) of the overall state economy. 
  • Ranked 6th in Cyberstates Innovation Scores (based on tech startups, new tech business formations and venture capital investments).
  • Illinois saw a 30.2% jump in the number of job postings related to emerging technologies in 2017.

Minnesota

  • Tech industry employment expanded by 3,500 jobs in 2017 and contributed $27.9 billion to the state’s economy.
  • Ranked 17th in the U.S. in net tech employment with 250,500 workers, accounting for 8% of the state’s total workforce.
  • The average tech industry wage in Minnesota is $97,680, compared to the state’s average private sector annual wage of $55,390.
  • The tech sector is responsible for an estimated 8.6% ($27.9 billion) of the overall state economy.
  • Minnesota saw a 56.2% jump in the number of job postings related to emerging technologies.

North Carolina

  • Tech industry employment expanded by 10,100 jobs in 2017 and contributed $39.3 billion to the state’s economy.
  • Ranked 14th in the U.S. in net tech employment with 335,500 workers, accounting for 6.9% of the state’s total workforce.
  • The average tech industry wage in North Carolina is $95,600, compared to the state’s average private sector annual wage of $48,110.
  • The tech sector is responsible for an estimated 8.3% ($39.3 billion) of the overall state economy.
  • The state also saw a 28.4% jump in the number of job postings related to emerging technologies.

Texas

  • Tech industry employment expanded by 7,610 jobs in 2017 and the industry contributed $125.5 billion to the state’s economy.
  • Ranked 2nd in the U.S. in net tech employment with 963,400 workers, accounting for 7.2% of the state’s total workforce.
  • The average tech industry wage in Texas is $106,300, compared to the state’s average private sector annual wage of $55,140.
  • The tech sector is responsible for an estimated 8.7% ($136.9 billion) of the overall economy in Texas.
  • Texas saw its Cyberstates Innovation Score climb to 4th this year, up from 16th a year ago.
  • 41.4% increase from 2016 to 2017 in the number of job postings related to emerging technologies.
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