From early companies such as Datacom, Orion Health and Weta Digital, to newcomers like Sharesies and Rocketwerkz, New Zealand’s Digital Technologies sector is dynamic and internationally connected.
It is estimated Digital Technologies contributed $7 billion to the New Zealand economy in 2021. The sector has grown at an annual growth rate of 10.4% since 2016, this compares with the wider economy that has grown at an annual rate of 5.1% over the same period.
Employment in the sector is trending upward, and at a rate faster than the national average. Compound annual employment growth, from 2015-2020 was 4.5 per cent. The national average over this period was 2.4 per cent.
The 43,750 people employed in the sector (as of February 2021) work mainly in Auckland, Wellington, and Christchurch. Digital firms in urban centres also represent higher shares of their respective labour markets. Enterprise numbers have been increasing for the digital technologies sector at a rate of 3.3 per cent annually from 2015-2020. This is also higher than the national average of 1.9 per cent.