Scotlandâ€™s digital roles grow by over 25% year on year
Scotlandâ€™s tech sector is going through a rapid growth according to the UKâ€™s Secretary of State for the Department of Digital, Culture, Media and Sport.
New figures released today show techÂ jobs in Glasgow and Edinburgh have increased by more than 25% in the past two years, way above the UK's average.
According toÂ Adzuna IT-related vacancies account for 13% of all UK job vacancies whilst this number is 30% in Edinburgh and 28% in Glasgow.
Today 135,000 people are employed by Scottish tech startups and scaleups. This is the 3rd highest number in the UK after the South East and London.
Software developers and data scientists are in high demand fo r the tech sector.Â Developers in Edinburgh and Glasgow can command an average salary of Â£45,000 orÂ Â£55,000 for more senior positions.
There is an increasing demand for senior-level employees across all areas of Scottish tech. For instance, 89% of available roles for IT System Architects are all for senior positions.
Digital Secretary Nadine Dorries said:
â€œScottish tech is booming and this thriving sector is creating exciting opportunities up and down the country.
â€œThe UK government is determined to see this success continue and is investing heavily to help people in Scotland get the skills they need to seize the opportunities on offer and build back better from the pandemic.â€
2021 is also a great year for investment with UKÂ Tech companies having raised Â£13.5 billion in the first half of this yearend Scotland raisingÂ Â£446 million, the highest number so far.
Fintech is one of the biggestÂ sectors for fundraising in the UK generally and in Scotland more specifically. The biggest fundraising round in 2021 so far was for the Kirkcaldy-based fintech Paysend, which raised Â£90.5m in Series B funding.
Dr George Windsor, Head of Insights at Tech Nation said:
â€œEdinburgh is proving to be one of the fastest-growing tech cities in the UK, with a higher number of opportunities and salaries compared to other cities. Glasgow is also making a name for itself as a destination for tech workers, with some of the best cost of living standards compared to the median tech salary of the whole UK. With scaling companies in sectors such as fintech and health tech, Scotlandâ€™s tech sector is only expected to grow in the next few years.â€