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New Report Details Growth in Boston Tech Community

Mar 28, 2019

11,500-plus new jobs added in 2018, according to CompTIA Cyberstates 2019

Boston – Tech-related employment in the Boston metropolitan area increased by 11,579 new jobs in 2018, according to Cyberstates 2019™,  the definitive guide to tech sector and workforce analytics released this week by CompTIA, the leading technology industry association.

Net tech employment in the Boston market grew by 3.2 percent last year to an estimated 373,415 workers, or 13.2 percent of the region’s total workforce.[1] Since 2010 67,500 tech-related jobs have been added to the local economy.

Boston ranks fifth in net tech employment and third in jobs added among the 46 U.S. metropolitan statistical areas covered in the report.

Tech occupations in high demand in the market include computer support specialists (+3.5 percent year over year growth), computer system and cybersecurity analysts (+3.3 percent) and software and web developers (+2.7 percent).

The median tech occupation wage is $96,021; 75 percent higher than the median wage for all occupations.

The tech sector’s contribution to the local economy is estimated at $81.8 billion, equal to about 19.7 percent of the total economy. That economic impact is the sixth highest among the metro areas covered in the report.

The outlook for future employment growth is positive. The Boston market saw a 76 percent increase in the number of job postings related to emerging technologies.

Cyberstates projects the base of tech occupation employment – a subset of net tech employment – will grow by 6.8 percent in the region by 2026.

Cyberstates 2019 (#cyberstates) is based on CompTIA’s analysis of data from the U.S. Bureau of Labor Statistics, the U.S. Bureau of Economic Analysis, EMSI, Burning Glass Technologies Labor Insights, and other sources. Estimates for 2018 are subject to change as government data is revised and updated. The full report, with complete national, state and metropolitan level data, is available at https://www.cyberstates.org/.

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About CompTIA
The Computing Technology Industry Association (CompTIA) is a leading voice and advocate for the $5 trillion global information technology ecosystem; and the more than 50 million industry and tech professionals who design, implement, manage, and safeguard the technology that powers the world’s economy. Through education, training, certifications, advocacy, philanthropy, and market research, CompTIA is the hub for advancing the tech industry and its workforce. To learn more visit https://www.comptia.org/.

Contact:
Steven Ostrowski
CompTIA
+1 (630) 678-8468
[email protected]­

 



[1] Net tech employment includes tech company workers in technical and non-technical positions, technical workers in other industries and self-employed technology workers.

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Fast Facts

  • $2 trillion – Estimated direct economic impact of the U.S. tech industry, representing 8.8% of the national economy.

  • 582,000 – Number of tech business establishments in the U.S.

  • 9.1 million – U.S. net tech employment at the end of 2022.

  • 286,400 – Estimated number of new technology jobs added in the U.S. in 2022.

  • 4.1 million – Number of postings by U.S. employers for tech job openings during 2022.