CompTIA Cyberstates™ 2018 report shows tech sector contributes $2 billion to state’s economy
Pierre, S.D. – Technology-related employment in South Dakota held steady in 2017, according to Cyberstates™ 2018, the definitive annual analysis of the nation’s tech industry published today by CompTIA, the world’s leading technology industry association.
The tech sector is responsible for an estimated 4.4 percent ($2 billion) of the overall economy in South Dakota, which is home to more than 1,300 tech business establishments.
With an estimated 21,200 tech workers, South Dakota ranks 49th in net tech employment.[1] Tech workers make up 4.3 percent of the state’s total workforce. The average tech industry wage in South Dakota is $63,570, compared to the state’s average annual private sector wage of $41,750.
The strongest year-over-year job growth occurred in the categories of IT services and custom software services (+ 5.7 percent) and R&D, testing and engineering services (+4.3 percent).
Cyberstates 2018 (#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 2017 are subject to change as government data is revised and updated. The complete Cyberstates 2018 report, with complete national, state and metropolitan level data, is available at http://www.cyberstates.org/
About CompTIA
The Computing Technology Industry Association (CompTIA) is a leading voice and advocate for the $4.8 trillion global information technology ecosystem; and the technology professionals who design, implement, manage, and safeguard the technology that powers the global economy. Through education, training, certifications, advocacy, philanthropy, and market research, CompTIA is the hub for advancing the tech industry and its workforce. Visit www.comptia.org to learn more.
Contact:
Steven Ostrowski
CompTIA
sostrowski@comptia.org
630-678-8468
[1] Net tech employment includes tech industry workers in technical and non-technical positions, technical workers in other industries and self-employed technology workers.
Steve Ostrowski
Senior Director, Corporate Communications
(630) 678 - 8468
sostrowski@comptia.org
Roger Hughlett
Director, Corporate Communications
(202) 503 - 3644
rhughlett@comptia.org
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$2 trillion – Estimated direct economic impact of the U.S. tech industry, representing 8.8% of the national economy.
582,000 – Number of tech business establishments in the U.S.
9.1 million – U.S. net tech employment at the end of 2022.
286,400 – Estimated number of new technology jobs added in the U.S. in 2022.
4.1 million – Number of postings by U.S. employers for tech job openings during 2022.
