Greater Seattle’s Tech Industry 2024 Report

With over one hundred engineering centers, local venture capitalists, and several incubators and accelerators in the region, Greater Seattle is home to a strong tech industry and ecosystem. From startups to established companies, we have it all. Leading companies in the region include companies such as Microsoft, Amazon, Zillow, Big Fish, Nintendo, Pokémon, Meta, T-Mobile, Salesforce, Google, Smartsheet, Valve, Apple, and Expedia Group.

The region also ranks number 2 in tech talent, just behind the San Francisco Bay area, and outpacing New York City, Washington D.C., and Toronto (“Scoring Tech Talent” CBRE, 2023). In 2024, the industry supported over 193,400 jobs, contributing a total Gross Regional Product (GRP) of $148.9 billion. The average earnings per job were $321,209. From 2019 to 2024, the industry experienced 11% growth, with a similar 11% growth projected from 2024 to 2029.

Washington is also making a name for itself in the videogame industry, as it ranks number 2 in the nation for annual video game industry economic output, supporting 28,424 jobs and an economic output of $13.9 billion (Entertainment Software Association).

The region boasts over 400 AI companies and more than 200 AI startups, making it a top 10 AI job market (Axios, 2024). Over the past decade, Greater Seattle AI companies have secured $4 billion in funding.

400+ AI companies

200+ AI Startups

Top 10 AI job markets

$4B in funding over the last 10 years

GRP for the tech industry has been steadily increasing over the last 17 years (from 2007-2024). In 2017, the GRP was $32.6 billion. In 2024, it was $148.9 billion. That is a 357% increase in GRP.

An average area of this size would be expected to have around 67,900 employees, while there are closer to 193,400 here. This above-average supply could make it easier for companies to find qualified candidates. The gap between expected and actual employment is expected to increase over the next 5 years. Greater Seattle technology sector averaged $321,209 earnings per job in 2024.

Source: Lightcast, 2025.

The report was researched and written by Dr. Victoria DePalma, Greater Seattle Partners Research Director.

Other 2024 Greater Seattle Reports:

Greater Seattle Economic Report 2024

Greater Seattle 2024 Trade

Greater Seattle 2024 Foreign Direct Investment

Greater Seattle Startups 2024 Report

Greater Seattle’s Aerospace Industry 2024 Report

Greater Seattle’s Life Science Industry 2024 Report