A new government report published by the Department of Digital, Culture, Media and Sport (DCMS), predicts massive growth in the technology sector in the West Midlands over the next few years.
Named the fastest growing tech sector, the West Midlands is expected to create up to 52,000 new tech roles by 2025 that will help grow the regional economy by £2.7 billion.
The news arrives as figures reveal that vacancies in the tech industry have almost doubled year-on-year, while money raised through venture capital investment has increased by £96 million on the previous year.
The report lands just ahead of the launch of Birmingham Tech Week, a festival of digital technology and innovation that runs from October 11-15.
Digital Minister Chris Philp said:
“As Birmingham Tech Week kicks off it’s great to see the digital sector in the West Midlands entering a golden era.
There are high-quality and well-paid job opportunities for those who want to pursue a career in tech and the region is fast-becoming a powerhouse of digital talent.
We are determined to level up the country and we are working around the clock to back digital businesses with pro-innovation policies to boost digital skills and create jobs so everyone can benefit from this dynamic sector.”