Press Releases

New Report Offers Details on Technology Industry in Vermont

Apr 03, 2017

CompTIA Cyberstates 2017™ finds state is home to nearly 1,500 tech businesses and 13,000-plus tech professionals

Montpelier, Vt. – Technology industry employment in Vermont was essentially flat in 2016, according to Cyberstates 2017™, the definitive annual analysis of the nation’s tech industry released today by CompTIA, the world’s leading technology association.

The tech industry workforce declined by an estimated 151 jobs, a drop of about 1 percent. Vermont is still home to an estimated 13,376 tech industry workers.

Technology occupations across all other industries in Vermont – the second component of the tech workforce – reached an estimated 15,400 in 2016.

The tech sector accounts for an estimated 4.4 percent ($2.1 billion) of the overall state economy.

The annualized average wage for a Vermont tech industry worker was an estimated $83,300 in 2016, 87 percent higher than the average state wage ($44,600).

Other Key Findings

  • Vermont ranks 15th among all states in the Cyberstates 2017 Innovation Score, which is based on an analysis of new tech patents, tech startups and new tech business establishments on a per capita basis.
  • The state is home to an estimated 1,494 tech business establishments.
  • Leading tech occupations in the state include network and computer system administrators (1,420), computer user support specialists (1,300) and application software developers (1,050).
  • The strongest year-over-year job growth occurred in the category of engineering services, up an impressive 11.7 percent in 2016.

Cyberstates 2017 is based on CompTIA’s analysis of data from the U.S. Bureau of Labor Statistics, the U.S. Bureau of Economic Analysis, EMSI, and other sources. Estimates for 2016 are subject to change as government data is revised and updated. The complete report with full national, state and metropolitan level data is available at http://www.cyberstates.org/.

CompTIA: Building the Foundation for Technology's Future
The Computing Technology Industry Association (CompTIA) is the world's leading technology association, with approximately 2,000 member companies, 3,000 academic and training partners, over 100,000 registered users and more than two million IT certifications issued. CompTIA's unparalleled range of programs foster workforce skills development and generate critical knowledge and insight – building the foundation for technology’s future. Visit CompTIA online, Facebook, LinkedIn and Twitter to learn more. 

Contact:
Preston Grisham
CompTIA
pgrisham@comptia.org
(202) 862-4458

Steven Ostrowski
CompTIA
sostrowski@comptia.org
(630) 678-8468