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CompTIA Cyberstates 2020™ report reveals tech’s impact in state

Annapolis, Md. – Information technology (IT) employment in Maryland grew by more than 5,800 net new jobs in 2019, capping a decade in which the state’s tech-related labor force expanded by nearly 32,000 workers, 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.

Net tech employment increased by an estimated 5,885 workers in 2019, up 2% over 2018.[1] Tech led all industries in the number of jobs added to the state’s workforce last year.

From 2010 through 2019 tech employment in Maryland grew by 12%. Tech workers now make up 10.3% of the state’s workforce. The state is home to more than 15,700 tech business establishments.

At nearly $43 billion the tech sector accounts for 11.8% of the state’s total economy, the eighth highest percentage among the 50 states and the District of Columbia. Tech is second only to government in its economic impact in Maryland.

“Technology powered job growth and economic gains in the past decade in Maryland 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.”

Maryland ranks 16^th nationally in net tech employment and 15^th 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 17.2% of all tech job postings in Maryland last year.

More from Cyberstates 2020

• The estimated median tech occupation wage in Maryland is $98,961, 91% higher than the median wage for all occupations in the state.
• Net tech employment in the Baltimore metro are increased by 17% between 2010 and 2019, adding 20,416 jobs.
• In 2019 the tech sector added more than 3,500 net new jobs in the Baltimore market, more than any other industry.

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
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www.comptia.org