The Tasmanian Liberal Government is delivering on our plan to strengthen our economy and create jobs so we can continue to invest more in essential services like housing, health and education.
A Deloitte Access Economics Tasmanian ICT Sector Scan was commissioned by the Tasmanian Government and has shown the Tasmanian ICT Industry, which currently employs more than 9,000 people, is projected to grow to more than 12,000 by 2026.
The Scan examines the sector's revenue expectations over the next three financial years (2022-23 to 2024-25), with confidence remaining high.
It has shown us that Tasmania's ICT sector already makes a significant contribution to our economy, with almost $1.7 billion in revenue generated over 2020-21 and continues to grow.
Based on the projected growth, the ICT sector's revenue is set to increase to $2.1 billion by 2024-25.
The Scan also provides an important insight into local capability and the sector's role in driving digital transformation, productivity improvements and innovation across other sectors.
The results from the research revealed the technology workforce has grown by three per cent between 2020 and 2021.
Thirty-four per cent of the businesses surveyed for the Sector Scan are already exporting their products or services internationally, primarily to North America, Asia and Oceania and the rest have interstate customers.
The Scan reinforced that cyber security was identified as the most common skills gap by Tasmanian technology companies.
More than half of the survey respondents indicated the biggest barrier to company growth is the inability to attract suitable staff.
Importantly, there are opportunities for further growth, including upskilling current staff, improving the skills pipeline and presenting our expertise to international markets.
While there is still work to be done, we are on the right track in growing our ICT sector to benefit our State locally as well as to sell offshore to boost our economy and create new jobs.
The Tasmanian ICT Sector Scan report can be found at www.stategrowth.tas.gov.au
