CompTIA Cyberstates™ 2018 finds the Volunteer State’s Innovation Score climbed 15 spots
Nashville, Tenn. – Employment in Tennessee’s technology industry expanded by more than 2,500 jobs in 2017 and the industry contributed $14.3 billion to the state’s economy, according to Cyberstates™ 2018, the definitive annual analysis of the nation’s tech industry published today by CompTIA, the world’s leading technology industry association.
With 165,700 workers, Tennessee ranks 22nd among the 50 states and the District of Columbia in net tech employment.[1] The Tennessee tech workforce makes up 5.1 percent of the state’s total workforce. The average tech industry wage in Tennessee is $84,880, compared to the state’s average private sector annual wage of $48,160.
The tech sector is responsible for an estimated 4.6 percent ($14.3 billion) of the overall economy in Tennessee, which is home to more than 7,800 tech business establishments.
Tennessee’s Cyberstates Innovation Score places the state 26th, up from 41st last year. This ranking is based on a state-by-state per capita analysis of new tech patents awarded, tech startups and new tech business establishments.
Tennessee saw a 37.3 percent increase from 2016 to 2017 in the number of job postings related to emerging technologies – such as the Internet of Things, smart cities, drones, artificial intelligence, machine learning, virtual reality and augmented reality, and blockchain. While these positions accounted for a small percentage of total tech job postings, it’s an indicator of where organizations are headed with the technology investments.
The strongest year-over-year job growth occurred in the categories of packaged software (+ 12.8 percent) and IT services and custom software services (+ 4.1 percent).Cyberstates 2018 (#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 2017 are subject to change as government data is revised and updated. The complete Cyberstates 2018 report, with complete national, state and metropolitan level data, is available at http://www.cyberstates.org/
About CompTIA
The Computing Technology Industry Association (CompTIA) is a leading voice and advocate for the $4.8 trillion global information technology ecosystem; and the technology professionals who design, implement, manage, and safeguard the technology that powers the global economy. Through education, training, certifications, advocacy, philanthropy, and market research, CompTIA is the hub for advancing the tech industry and its workforce. Visit www.comptia.org to learn more.
Contact:
Steven OstrowskiCompTIA
[email protected]
630-678-8468
[1] Net tech employment includes tech industry workers in technical and non-technical positions, technical workers in other industries and self-employed technology workers.
Steve Ostrowski
Senior Director, Corporate Communications
(630) 678 - 8468
[email protected]
Roger Hughlett
Director, Corporate Communications
(202) 503 - 3644
[email protected]
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Access Now$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.
