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State of the Industry Report

Pittsburgh Technology Industry Growth Data from 2023-2025

This year’s report continues to be characterized by mixed rates of growth and some declines in key categories.

Each year’s State of the Industry Report compares three years of data for each of six main technology industry clusters. This year’s report examines the three years ending 2025, the latest year for which complete data was available. 

A region’s total annual payroll is the most significant measure of its wealth, and in southwestern Pennsylvania technology industry clusters continue to account for more than 28 percent of the region’s total workforce payroll. All clusters experienced positive growth in total annual payroll over a three-year period, most notably IT at a robust 23 percent growth, the highest rate of growth in 2025.  

Despite some declines in the numbers of companies and number of people employed, all tech clusters experienced steady growth in payroll across the board. 

Ever since health services has been reported as part of the life sciences cluster, it is important to note that its total annual payroll is the largest in this report at nearly $9.8 billion. It also has the highest number of employees at more than 106,000.

Highlights:

  • One enigmatic example of mixed results is in information technology, where employment declined more than five percent, while average wages surged more than 23 percent. 
  • The 9,179 technology establishments presented within this report in the year 2025 represent more than 12 percent of all companies in the 13-county region. 
  • These firms employ 241,120 individuals and account for more than 19.5 percent of the area’s overall workforce. 
  • The $24 billion annual payroll of technology and related companies, including the health services subcluster, represents more than 28 percent of the region’s total wages. 
  • The average annual wages in the technology industry clusters examined here are significantly higher than all other industries in the region. Average wages in the region’s tech clusters have reached nearly $104,770, while average wages for all other industries in the region is $72,070. 

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