Over the last three decades, the Welsh technology industry has established an impressive track record for innovation. Serving global markets, the industry makes a strong contribution to the Welsh economy, with its 30,000-strong skilled workforce accounting for some 5.5% of Gross Value Added*. The industry’s combined turnover now exceeds of £3.2 billion. (*Cambridge Econometrics 2003)
The industry is a healthy mix of well-established, resilient businesses, as well as fast-growing young technology businesses. The industry’s balance has shifted markedly in recently years from high volume manufacturing, to lower-volume, higher-value, niche production and Wales is now home to a stable base of smaller more specialist companies who have their headquarters, R&D centres or a substantial part of their operation located here.
It is estimated that the technology industry in Wales consists of around 300 medium to large-sized companies and up to 3,000 small, innovative companies.
| Sub-sector | Contribution |
| High volume electronics manufacturing | 36% |
| Niche electronics manufacturing | 27% |
| Software and IT services | 20% |
| Semiconductors | 9% |
Solutions for growth in the technology industry
The WDA is all about helping you to achieve business goals. We have access to trusted market expertise and extensive knowledge of the Technology Industry. This helps us to identify opportunities, provide support and make the right connections to help you to achieve your business objectives.
So, whether you’re thinking of growing your business, setting up your own company, or simply expanding your operation to one of the most economically dynamic areas in northern Europe, you can be confident that the WDA and Wales will provide the best solutions.
Find out more about:
Support for Software and IT Services companies.
Tell us what you think of the technology sector web presence
Please take a few minutes to complete our online survey. Your answers will be used to redevelop the WDA web presence for the technology sector. Simply click the link below and complete the survey. We will ensure that your information and responses will be kept completely private.
Tell us what you think of the technology sector web presence
Many thanks for your support.
Find out how the WDA could help your busness, contact us by clicking the link below: