While jobs in the technology sector have made several visits in recent monthsthe overall outlook for job growth and opportunities in the IT sector remains stable across all industries this year — and the greatest demand for data scientists/analysts is expected, cybersecurity specialist, UI/UX designer and software developer.
That is the main conclusion from the recent release of CompTIA State of the tech workforce The report, predicts 3% growth in the size of the US tech workforce through 2023 – the same growth rate seen over the past 12 months.
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The report says there are now 9.2 million people who could be considered tech professionals in the United States, representing 5.8% of the total workforce — but this relatively small segment has a big impact on the rest. back of the enterprise.
The study estimated the median tech worker salary to be $100,615, or twice the median salary across all occupations.
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Employment in the tech sector over the next decade is expected to grow at about twice the rate of overall employment in the economy as a whole.
Tech occupations predicted to grow the most in 2023 include:
- Data scientists and data analysts — 5.5%
- Cybersecurity analysts and engineers — 5.2%
- Web and UI/UX Designers — 4.7%
- Software developers and engineers — 4.7%
- Software testers and QAs — 4.1%
- CIOs and IT directors — 3.4%
- Systems Analysts and Engineers — 2.6%
- IT Support Specialist — 2.4%
Of the more than 9 million tech workers identified in the study, 61% focus on building and implementing solutions, while 39% focus on the business side of technology delivery — sales, marketing, finance, human resources, operations and management.
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The majority of tech professionals are employed by end-user companies (58%), while the remaining 42% work directly for technology companies.
The report’s authors said that within the technology industry itself, which includes IT jobs and supporting businesses, “growth has changed”. The IT services and custom software services category has driven job growth since 2017, accounting for 52% of job additions. Software products accounted for 29% of the job gains over the same time period.
In terms of the number of tech jobs growing between 2021 and 2022, New York leads the way, followed by Dallas and Seattle.
- New York City + 18,420
- Da Lat + 14,010
- Seattle + 13.438
- San Francisco + 12,650
- Austin + 10,795
- Los Angeles + 6,681
- Denver + 6,357
- Miami + 5,166
- Houston + 5,090
- San Jose + 4,539
CompTIA research also shows that high turnover is almost the norm in the technology sector. The report predicts that the replacement rate for tech occupations between 2023 and 2033 is expected to average around 7% annually, or about 400,000 workers per year, for a total of several million people. through 2033. Total turnover, including workers transitioning in the technology sector, such as those promoted to new roles, is estimated to average 36% annually in throughout the reporting period.
