ICT Industry in Cincinnati: General Overview
The Ohio-based city, Cincinnati is a player on the regional tech scene that registered growth in most of the areas. The tech employment in the metropolitan area grew by 2300+ places in 2018, according to the latest CompTIA report from 2019. In percents, this reveals growth of 2.9% compared to the previous year. According to the same report, there were 82000+ people working in the tech industry, in Cincinnati.
The service demand on the market mostly concerns software and web developers, computer system & cybersecurity analysts which reveals a strong preference for the IT subsector of the local community.
The average wage of a tech professional in Cincinnati is $77k+/year, which is 84% higher than the other average wages in different industries. The tech sector’s contribution to the local economy is estimated at around $7.5 billion dollars or 5.9%.
The perspective of the tech industry in Cincinnati is positive since the market gained a 41% growth of new job posting related to emerging technologies.
Cyberstates estimates that by 2026, the tech market will grow by 5.4%, higher than the national average of 4.9%.
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