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 $6.6 billion to the New Zealand economy in 2019.
The value add has increased at an annual compound rate of 10.1 per cent since 2015. This is greater than the overall economy, which experienced 6.3 per cent growth 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 38,100 people employed in the sector in 2020 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.