Arizona Technology Council's 2021 Q3 Impact Report Reveals Technology Industry Jobs, Wages and Companies Continue to Increase

Latest Report Denotes Consistent Industry Growth and Provides Additional Data on Sex and Racial Disparity
PHOENIX - Dec. 9, 2021 - PRLog -- The Arizona Technology Council today released its Q3 2021 Arizona Technology Industry Impact Report, which spotlights the continued growth of the state's technology sector. The data reveals the number of jobs and wages rose within Arizona's technology industry throughout 2021 and technology companies continued moving headquarters to the state or opening new offices. The year-over-year rise in the number of jobs (2.64%), wages (2.96%) and Arizona-based technology companies (5.43%) show positive signs of growth in the state.

The report also provides a new breakdown of the men-to-women ratio in top technology occupations, shedding more light on sex disparity in the industry. The full report can be viewed here.

"Arizona's technology industry continues to lead the state and compete on a national level through growth and innovation," said Steven G. Zylstra, the Council's president and CEO. "We're proud of our leaders in the industry as well as members of the Legislature who have helped open doors to our collective success. We are also committed to continued expansion of our reporting on gender and racial disparity to push the conversation forward and promote action to open up more opportunities for women, the LGBTQ+ community and black, indigenous and people of color."

In the report's newest breakdown of occupational gender disparity, women are still poorly represented across top jobs in technology. For instance, women only make up 10.7% of audio and video technicians, 13.5% of broadcast technicians and 14.1% of computer hardware engineers. The gap is closing in occupations like natural science managers with women holding 45.3% of jobs in this field, computer systems analysts, 35.4%; and database administrators and architects, 35.4%.

Additional findings of the Q3 2021 report include:
  • Total technology industry wages – $23,793,840,273
  • Technology jobs – 206,528
  • Total technology firms – 10,203
  • The in-region supply chain also remains strong, with the following areas leading the way for in-region purchases:
    • Aircraft engine and engine parts manufacturing – $949,020,312
    • Corporate, subsidiary and regional managing offices – $931,849,836
    • Temporary help services – $854,845,191
    • Wired telecommunications carriers – $778,261,212
    • Guided missile and space vehicle manufacturing – $637,408,740
In addition to this data, the Council supplements its report with published works, blogs and interviews highlighting Arizona technology industry leaders, news from organizations across a wide range of sectors in the state's technology community and more.

The Q3 Technology Impact Report includes:
  • 14 AZ Tech Leaders to Watch in 2022
  • A Conversation with Doug Stetson, CEO of FreeFall Aerospace
  • How Arizona Became America's New 'Semiconductor Central'
  • Kore Power CEO Lindsay Gorrill on Building a Battery Manufacturing Ecosystem in AZ
  • NSF Grant to NAU Will Support R&D + Training in Parallel Computing
  • University of Arizona Researchers Closer to Developing Pain Drug That Cuts Opioids' Addictiveness
  • Happy Birthday to the ACA: 10 Years of Growth Re-imagined
  • Regents Approve Millions in New Research Funding for Arizona's Public Universities
On the Council's behalf, the quarterly report is compiled by eImpact, an organization that creates web-based, data-reporting solutions designed to help cities, industries and planners drive effective policy, create new growth and engage stakeholders. The report is based on eImpact's analysis of data from Emsi, Brookings Institution, CompTIA, AngelList, National Science Board and others. Molly Castelazo, CEO and chief content strategist of Castelazo Content, also partnered with the Council to organize and curate the supplemental content, update the report design and create the infographic.

Download or view the complete report on the Council's website here. The report can also be found on www.aztechbase.com.

About the Arizona Technology Council

The Arizona Technology Council is Arizona's premier trade association for science and technology companies. Recognized as having a diverse professional business community, Council members work towards furthering the advancement of technology in Arizona through leadership, education, legislation and social action. The Council offers numerous events, educational forums and business conferences that bring together leaders, visionaries and community members to make an impact on the technology industry. These interactions contribute to the Council's culture of growing member businesses and transforming technology in Arizona. To become a member or to learn more about the Arizona Technology Council, please visit www.aztechcouncil.org.

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