New figures from the National of Office of Statistics (ONS) have shown that Wales’ technology industry is flourishing, with the number of jobs in the sector growing by over 80% since 2010.
The statistics also show that 400 more technology jobs have been created each month in Wales over the past five years.
Avril Lewis, managing director of the ESTnet, the network for the technology industry in Wales, said: “These figures highlight that the technology industry in Wales is experiencing significant growth. Wales is a great place to live, work, and to set up a business. It’s clear there’s a huge demand for tech talent – the challenge is to make sure that we are servicing that demand.
"Whilst we inspire and develop our clever homegrown talent, we must do more to attract people to come and join us in what is a brilliant location. Wales has world-class companies in key sectors like cyber security, compound semiconductors, fintech and data, with a great mix of start-ups, SMEs and large flagship companies. These figures are a testament to the incredibly hard and innovative work that’s going on in Wales across industry, academia and government.”
Secretary of State for Wales, Alun Cairns said: “Wales makes a significant contribution to the unique makeup of the UK’s tech industry particularly in fintech, artificial intelligence and cyber security in which Welsh companies such as Amplyfi are leading the way. These impressive statistics demonstrate that the growing Welsh tech sector is creating more highly paid, skilled employment opportunities for people across Wales. With this exceptionally high employment rate and a UK Government that is committed to supporting the sector, I am sure that Wales will continue to attract world class talent, enabling the tech sector here to become a world leader."