Tech Nation Report 2019 published

The Tech Nation Report 2019 is the latest in a groundbreaking annual series that captures the strength, breadth and depth of the vibrant digital technology scene in the UK.

First published in 2015, the report provides a comprehensive look into the evolution of the nation’s tech ecosystem.

This year, for the first time, the report explores the UK’s role as a critical hub and strong economic performer in the wider international landscape. The report seeks to monitor and understand the progress of an innovative tech player operating on the global stage.

Some of the key statistics to come out of the report include:

  • 4th – The UK is fourth in the world for scaleup investment after the US, China and India

  • 2.5x – Scaleup tech investment is 2.5x higher than expected based on the relative size of the UK economy

  • £6.3bn – Total 2018 venture capital investment in UK tech topped £6bn, more than any other European country

  • 5% – The UK remains a hotbed for tech talent, employing 5% of all high-growth tech workers globally, placing the UK ahead of Japan, France and India

  • 35% – To date, 35% of Europe and Israel’s tech unicorns ($1bn valued businesses) have been created in the UK

  • 1st – The UK leads the rest of the world in fintech – investment in high-growth fintech firms achieves £4.5bn between 2015 and 2018

The full report can be viewed here.