Annual report also forecasts tech workforce growth in Arizona this year
PHOENIX – Technology employment in the Phoenix metropolitan area is projected to remain on a growth trajectory in 2024, according to research published by CompTIA, the nonprofit trade association for the global information technology (IT) industry and workforce.
CompTIA’s “State of the Tech Workforce 2024” report estimates that net tech employment in the market will increase by about 4,000 net new jobs this year, an increase of 2.4%. Both figures would be significantly higher than 2023’s results of 0.4% growth and an increase of about 676 new jobs. Positions in software, data science and analytics, emerging technologies, such as artificial intelligence and cybersecurity are expected to be in highest demand this year.
Statewide, CompTIA forecasts an increase of more than 6,100 new jobs this year.[1] The state’s projected growth rate of 2.9% is up from last year (1%, 2,000 net new jobs), but slightly less than the forecast national rate (3.1%) for 2024.
“After periods of overperformance and underperformance, the overarching tech story remains positive,” said Tim Herbert, chief research officer, CompTIA. “Ensuring a thriving, globally competitive workforce means further committing to developing the country’s base of tech and digital talent through time-tested and alternative pathways.”
Currently there nearly 170,000 tech workers in the Phoenix metro area, 7% of the region’s total workforce. About 9,500 tech business establishments are located in the market. The tech sector has an estimated economic impact of $30.1 billion, about 9.3% of the local economy.
CompTIA has expanded this year’s report with several new metrics, including breakdowns of the tech workforce by age cohorts.
|
| Phoenix Tech Workforce
| Phoenix Total Workforce
| US Tech Workforce
| US Total Workforce
|
| Millennial / Gen Z | 61% | 54% | 61% | 53% |
Also added to the report this year are employer job postings in three categories: core technology occupations, jobs requiring basic digital literacy and jobs requiring advanced digital fluency. In Q1 2024 there were 16,502 postings for core tech jobs in the Phoenix market; 35,217 requiring basic digital literacy; and 39,577 openings seeking advanced digital fluency.
CompTIA’s “State of the Tech Workforce” is the most comprehensive source of data on the size and scope of the U.S. technology industry and workforce. The report includes data on employment, wages, business establishments, job postings, workforce diversity, emerging tech metrics and more. Access the full report at https://www.comptia.org/content/research/state-of-the-tech-workforce.
About CompTIA
The Computing Technology Industry Association (CompTIA) is the world’s leading information technology (IT) certification and training body. CompTIA is a mission-driven organization committed to unlocking the potential of every student, career changer or professional seeking to begin or advance in a technology career. Millions of current and aspiring technology workers around the world rely on CompTIA for the training, education and professional certifications that give them the confidence and skills to work in tech. https://www.comptia.org/
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CompTIA
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[1] Net tech employment is a measure developed by CompTIA to quantify the net impact of workers employed within the tech sector and tech workers employed across every sector of the economy |U.S. Bureau of Labor Statistics and Lightcast
Steve Ostrowski
Senior Director, Corporate Communications
(630) 678 - 8468
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Roger Hughlett
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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.
