Up to 25,000

businesses in knowledge intensive sectors

1 in 5

businesses are in the science and technology sector

8,000+ businesses

employing more than 62,000 people.

Digital: We are a digital economy

Digital technology is a prominent element of Hampshire’s economy, representing around 10% of the economic output.

 

The UK’s digital tech sector is currently accelerating faster than the rest of the country. The sector contributed £149 billion to the UK in 2018, accounting for 7.7 per cent of the UK economy. This is up 7.9 per cent on the previous year meaning growth in the sector is nearly six times larger than growth across the economy as a whole, which increased by 1.4 per cent.

Hampshire is thriving when it comes to the digital tech sector, from fintech to healthtech, gaming and artificial intelligence, Hampshire’s digital tech sector is having an impact on every aspect of our daily lives and economy. The region’s talent pool, global connectivity, collaborative innovation hubs, and roster of meet-ups and networking events, make Hampshire the place for companies looking to innovate and drive the future of creativity and technology.

Hampshire is emerging globally as a hub for the UK tech market, attracting investment from leading technology businesses including IBM, Arqiva, Fujitsu, Sony and Starling Bank. Hampshire is also the home of the Government backed geospatial and mapping organisation OS (formerly Ordnance Survey).

 

The perfect base

Close to London and Heathrow, the county is already a creative and digital powerhouse, with companies such as Ouno in Farnborough, who create interactive branded experiences for clients all over the world. Hampshire also continues to attract both inbound multinationals and new tech start-ups – from the likes of Dark Cosmos Creative, who are headquartered in Portsmouth and bring creative ideas to life by using visual effects, to Toob, RazorSecure and Transparently.

In the 2019 Tech Nation Report, Basingstoke’s burgeoning digital sector was named as the fourth best place for such investment, with total deals worth £425 million between 2015 and 2018. The report also identifies Basingstoke as level with Prague, Strasbourg and San Jose when it comes to cyber investment.

Nesta recognises the digital and creative economies in Portsmouth and Southampton to be among the 15 fastest growing clusters for job growth in the UK.

 

Support network

Hampshire provides a strong business support ecosystem and hosts a volume of vibrant and established digital networks, organisations and events.

 

Digital infrastructure

With over 90% of premises in the county already connected to superfast broadband, accessing speeds of 24 megabits per second, and investment of £28 million to get that to 100%, Hampshire is already well connected. We have ambitions to be one of the first 5G connected counties in the UK. Working in partnership with the 5G Innovation Centre (University of Surrey), a 5G Emulator has been established in Basingstoke for local businesses and entrepreneurs to get a head start on enabling new technology.

Hampshire based Ordnance Survey (OS) are also leading on the Government’s E- CAVE initiative aimed at better understanding the infrastructure required to support a nationwide network of connected and autonomous vehicles.

 

Available business space for digital companies

If you are looking for space to relocate or grow your business, take a look at some sector specific development and properties within our Hampshire Portfolio:

 

Digital Stories

Key contact:

Michelle McClean
Sector Growth Manager
01962 845745
Michelle.McClean@hants.gov.uk