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Strong Decade of Growth for Utah Technology Industry

Apr 22, 2020

CompTIA Cyberstates 2020™ reveals tech’s employment and economic impact

Salt Lake City – Information technology (IT) employment in Utah expanded by 46.6% from 2010 through 2019, the largest percentage increase of any state in the country, according to Cyberstates 2020™, the definitive guide to the U.S. tech industry, occupations and trends published annually by CompTIA, the leading trade association for the global IT industry.

The state added an estimated 47,275 tech jobs during the decade. Net tech employment in Utah is approaching 150,000 workers, 9.4% of the state’s total workforce.[1]

In 2019 net tech employment increased by more than 5,700, a 4% increase over the prior year and the fifth highest growth rate in the country. Tech added more jobs to the Utah labor force than any other industry last year.

There are an estimated 7,600 tech business establishments in the state. The tech industry accounts for $18.5 billion, or 11.2%, of the total Utah economy.

“Technology powered job growth and economic gains in the past decade in Utah and across the county while delivering countless benefits in how we work, communicate, create and share,” said Todd Thibodeaux, president and CEO of CompTIA.

“Looking ahead, the need for professionals from all backgrounds to develop, support, and protect these technologies will continue to grow,” Thibodeaux added. “In these trying times it is often difficult to think beyond today, but we must remain committed to preparing the workforce of tomorrow for success in whatever the future may hold.”

Utah ranks 25h nationally in net tech employment and 16th in the total number of jobs added last year.

“The labor market for technology professionals was extremely tight during 2019, with unemployment nationwide at historic lows throughout periods of the year,” said Tim Herbert, executive vice president for research and market intelligence at CompTIA. “This speaks to the broad-based demand for tech talent across regions, industries and employers looking to capitalize on innovation that was once in the realm of science fiction, but increasingly reality.”

In fact, positions in emerging technologies accounted for 14.3% of all tech job postings in Utah last year.

The estimated median tech occupation wage in Utah is $77,641. That is 87% higher than the median wage for all occupations in the state.

Cyberstates 2020 is based on CompTIA’s analysis of data from the U.S. Bureau of Labor Statistics, U.S. Bureau of Economic Analysis, Economic Modeling Specialists International (EMSI), Burning Glass Technologies, Hoovers and other sources.     

Visit https://www.cyberstates.org/ for the latest data on the economic and employment impact of the U.S. tech industry.

About CompTIA
The Computing Technology Industry Association (CompTIA) is a leading voice and advocate for the $5.2 trillion global information technology ecosystem; and the estimated 75 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. Visit www.comptia.org to learn more.

Contact:

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

 



[1] Net tech employment is a measure developed by CompTIA to encompass the two components of the tech workforce: employment within the tech industry and tech employment across all other sectors of the economy.

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rhughlett@comptia.org


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Fast Facts

  • $1.8 trillion – Estimated direct economic impact of the U.S. tech industry, representing 10.2% of the national economy.

  • 525,500 – Number of tech business establishments in the U.S.

  • 11.8 million – U.S. net tech employment at the end of 2018.

  • 89,500 – Estimated number of new jobs added by the U.S. tech sector through the first eight months of 2019.

  • 6 – Rank of tech in U.S. job creation since 2010 among the top 22 occupation categories.