The brand new Tech Nation Report 2017 details the growth of the tech and digital sector across the UK. In a series of articles, we’ll be highlighting what it says about individual cities across the North.
Let’s begin with Manchester:
Manchester’s tech and digital sectors have transformed in the past five years. These days you can feel the pulse of tech flowing through the city’s streets, with multiple community events on many evenings, a number of large firms hiring big teams of developers, and new startups popping up all the time.
Manchester has the UK’s fourth highest total digital turnover at £2.9 billion, and is eighth in the UK for average digital salary at £47,000.
The Tech Nation Report highlights two of the city’s startups. Digital Bridge – a computer vision startup focused on the retail sector – and DueCourse, one of Tech North’s Northern Stars winners. Fellow Northern Stars firms Airtime Rewards, Dream Agility, Personalyze, and Radio.co all call the Manchester area home. And that’s just scratching the surface of the city’s burgeoning tech scene.
Key numbers:
- Number of digital jobs: 62,653
- Digital density: 0.63
- Digital GVA: £2.8 billion
- Digital tech turnover: £2.9 billion
- Startup births: 898
- High growth firms: 17%
- Average digital salary: £47,349
What local startups like about Manchester
- 85% like the tech sector’s growth potential
- 75% like the overall quality of life
- 69% like the strength of the digital economy
What local startups say is a challenge
- 69% mentioned lack of supply of high-skilled workers
- 34% highlighted retention of skilled workers as a challenge
- 28% mentioned limited access to finance
Read the full Tech Nation Report study of Manchester. You can find the methodology here.
We’ll be highlighting other clusters in the North over the next few days.
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3 Apr, 2018
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27 Feb, 2018
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