New York City’s tech industry is one of the fastest-growing areas of our economy, and our startup ecosystem is changing rapidly every day. Below you can find information and sources that provide a snapshot of where the NYC tech industry is now and how it has grown during the past few years.

 
 
 

New York Tech at a Glance 

 
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Our Membership at a Glance

 

New York’s tech sector is as diverse and dynamic as the city itself. From our companies’ products and services to their size and location, New York’s tech ecosystem is anything but a monolith.

 
 
 
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We’re Growing, Not Going

 
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Signs of Success

 
 
 

Thousands of Jobs and Then Some 

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The NYC tech sector jobs grew by 80 percent from in a decade from 2009 to 2019

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Amazon, Google, Facebook and Apple alone hired over 2,600 employees in New York during 2020, bringing their collective presence to more than 22,000 workers

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The NYC tech sector represented 372,000 jobs in 2019 according to the Center for New York City Affairs Covid-19 Impact and Tech Work Report

 
 
 
 

Embracing a World of People & Ideas

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Approximately 47% of New York City's technology workers are foreign-born.

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89% of NYC tech companies say diversity brings tech talent to New York City.

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There are 410,000 women-owned businesses in New York City.

 
 
 

Getting Deals Done & Creating Value

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New York is now home to 17 tech startups valued at $1 billion or more.

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Roughly 85% of New York firms plan to increase their hiring for tech roles.

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In 2020, VCs made a record by putting $16.2 billion into New York tech firms.

 
 
 

CREATING A FOOTPRINT

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Progress is underway to build Union Square Tech Training Center, a 21-story, 240,000-square-foot incubator that will also provide upskilling programming.

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Apple, Amazon, and Facebook acquired over 1.6 million square feet of office space during 2020.

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Tech companies possess 29.3 million square feet of office space in New York, compared to 17.6 million 2011

 
 
 

Spreading Education & Developing Workers 

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New York City is ranked number 1 globally for the number of STEMS students/graduates and life sciences universities in 2019

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42% of students who take the AP computer science exam are female - compared to 28% nationwide

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New York City now has more than 120 universities, with most offering computer science education