New Report Details Tech's Impact on Houston

HOUSTON, March 28, 2019 /PRNewswire/ -- Tech-related employment in the Houston metropolitan area held steady in 2018 and the tech sector expanded its contribution to the economy, according to Cyberstates 2019(TM), the definitive guide to tech sector and workforce analytics released this week by CompTIA, the leading technology industry association.

Net tech employment totals an estimated 227,788 workers, or 7.2 percent of the region's total workforce.(1) 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 $28.1 billion, equal to about 5.8 percent of the total economy.

"Houston has long-been on the leading edge of innovation since our earliest days, thanks to the oil and gas industry, medicine and NASA," said Mayor Sylvester Turner. "Now, as hub for STEM talent and one of the top cities for attracting millennials, Houston is charting a course to become a leading digital tech hub. We have the legacy know-how, digital smarts and diversity of people and ideas. Houstonians work every day to solve the problems that matter across industries like energy and life sciences. I think that leaves us well-positioned for the future."

"As the pace of change in Houston's core industries such as energy, life sciences and manufacturing quickens, Houston has embarked on a broad, community-wide effort to ensure the digital disruptors across these and other sectors bring their talents to bear in Houston," said Bob Harvey, president and CEO of the Greater Houston Partnership. "We're a city where start-ups and tech innovators have access to the top customers and leading minds across these fields, reducing friction and speeding time-to-market on game-changing products and technologies."

The outlook for future employment growth is positive. The Houston market saw a 140 percent increase in the number of job postings related to emerging technologies. Cyberstates projects the Houston area's base of tech occupation employment - a subset of net tech employment - will grow by 5.9 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/.

About CompTIA

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/.

Contact:

Steven Ostrowski
CompTIA
+1 (630) 678-8468
sostrowski@comptia.org­

(1) Net tech employment includes tech company workers in technical and non-technical positions, technical workers in other industries and self-employed technology workers.

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SOURCE CompTIA