In 2018, there were 338,000 programmers and software development professionals in employment in the United Kingdom. Regular developments in technology have assisted solid industry growth over the past five years. Industry revenue is expected to rise at a compound annual rate of 7.2 percent over the five years through 2019-20. Globally, the industry looks set to increase by one million people per year, from 23 million now to over 27 million in 2023, according to a survey by Evans Data Corporation. A talented individual in this sector will be in demand for many years to come.
The importance of software companies cannot be understated in regards to their significance to the economy. The software sector supports 12.7 million jobs across the European Union and contributes as much as €1tn to EU GDP, according to figures by the Economist Intelligence Unit for the research organisation Software.org. According to the figures, the United Kingdom, France, and Germany remain the largest software markets in the EU, contributing more than 60% of total EU direct software industry value-added GDP. Industry bodies such as the British Computer Society (BCS) and global professional organisation IET were established to support the 250,000+ engineering and technology professionals that make up their network.
Our London based consultants are specialists in their markets, recruiting top talent for the development and engineering jobs market throughout the UK and Europe.