NASHVILLE, Tenn., March 28, 2019 /PRNewswire/ -- Tech-related employment in the Nashville metropolitan area increased by 2,522 new jobs in 2018, according to Cyberstates 2019™, the definitive guide to tech sector and workforce analytics released this week by CompTIA, the leading technology industry association.
Net tech employment in the Nashville market grew by 4.2 percent last year to an estimated 62,073 workers, or 6.1 percent of the region's total workforce1. More than 16,800 tech-related jobs have been added to the local economy since 2010.
The tech sector's contribution to the local economy is estimated at $7.5 billion, equal to about 6.2 percent of the total economy.
"We value the insights contained in CompTIA's Cyberstates report," said Brian Moyer, president and CEO of the Greater Nashville Technology Council. "Nashville's tech sector continues to show strong progress. The growth of tech jobs outpaced Nashville's overall record setting job growth over the past year. Additionally, the economic impact of the tech sector to the Nashville economy grew by 23 percent over the past year. We anticipate continued significant advancement of our tech sector."
Tech occupations in high demand in the market include software and web developers (+5.1 percent year over year growth), computer system and cybersecurity architects (+4.8 percent) and network architects, administrators and support specialists (+3.6 percent).
The median tech occupation wage is $72,645; 79 percent higher than the median wage for all occupations.
The outlook for future employment growth is positive. The Nashville market saw a 118 percent increase in the number of job postings related to emerging technologies.
Cyberstates projects the Nashville area's base of tech occupation employment – a subset of net tech employment – will grow by 4.2 percent by 2026.
Cyberstates 2019 (#cyberstates) is based on CompTIA's analysis of data from the U.S. Bureau of Labor Statistics, the U.S. Bureau of Economic Analysis, EMSI, Burning Glass Technologies Labor Insights, and other sources. Estimates for 2018 are subject to change as government data is revised and updated. The full report, with complete national, state and metropolitan level data, is available at https://www.cyberstates.org/.
The Computing Technology Industry Association (CompTIA) is a leading voice and advocate for the $5 trillion global information technology ecosystem; and the more than 50 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. To learn more visit https://www.comptia.org/.
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1 Net tech employment includes tech company workers in technical and non-technical positions, technical workers in other industries and self-employed technology workers.