Tech Companies in the United Kingdom (UK) - Statistics & Facts

The United Kingdom (UK), especially London, is known as one of the technology hubs of the world. East London Tech City has also been named the Silicon Roundabout, after the famous Silicon Valley in San Francisco. This area has one of the largest tech startup clusters around the globe. Of course, along with numerous tech companies come many other economic implications. For example, Big Data analytics was estimated to bring an economic benefit of approximately 240 billion British pounds from 2015 to 2020. Employment is another good indicator of a prospering economic sector. As of 2015, there were around 931 thousand employees in the IT, software and computer services economy in the UK. Another example is the number of programmers and software developers in the UK, of which there were a total of 292 thousand as of June 2017.


There has been a general upward trend when it comes to the number of tech businesses. The number of software publishing businesses has been increasing year over year. The number of data processing and hosting businesses have also seen an increase over the past few years. The same can be seen when looking at wireless telecommunications activities businesses and wired telecommunications activities businesses.

All businesses require some essential cyber security. However, tech companies pay more attention to their cyber security than most. Large firms are more likely than others to conduct cyber security training. This makes sense as they are also the most likely to have an unknown cyber security breach source after having experienced a cyber attack. The average number of cyber security breaches in businesses was almost up to almost one thousand in the UK as of early 2017.

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