Industry Facts

Today, the high tech industry is an integral part of New Zealand’s economy and a key driver of economic growth, comprising more than 8,800 New Zealand companies across the electronics, software, telecommunications and biotechnology sectors.

Once a niche industry, the high tech industry has reached maturity with approximately 10 per cent of high tech companies achieving revenues in excess of $1 million per annum, with annual export sales of more than $1.5 billion a year.

The industry employs more than 43,000 people and the sector is growing at twice the rate of the economy as a whole. An increasing number of companies are listing on the stock exchange both locally and internationally.