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Techcelerate Ventures

Forewords
Key statistics
Investment
Global investment trends
UK investment
Unicorns
Global capital
Emerging tech
Global innovation
Arti cial Intelligence, Robotics, Cybersecurity,
Blockchain, Internet of Things, Virtual Reality,
Augmented Reality, Tech in the UK
Emerging sectors
Agritech, Cleantech, Healthtech
People
Consumer tech adoption - hardware
Consumer tech adoption - services 
UK spotlights
Data partners and acknowledgements
Partner comment
About Tech Nation
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CONTENTS
The annual Tech Nation report charts and 
champions the UK’s digital economy. 
As emerging and maturing technologies 
continue to disrupt and transform incumbent 
industries, and tackle some of the world’s 
biggest challenges, the report this year focuses 
on UK Tech For A Changing World. As we live 
through the fastest pace of change in history, 
UK tech is at the forefront of some of the 
biggest questions, and providing the answers.
This is an executive summary - over 50 case 
studies and more  ndings can be explored at: 
technation.io/report2020
Report partners:
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Want to join an organisation fully aligned with your growth ambitions <a href="https://techcelerate.ventures/">https://techcelerate.ventures</a>? Schedule a call today (UK tech companies only) <a href="https://canumeet.com/techcelerate%C2%A0">https://canumeet.com/techcelerate </a>Key facts from the report:Digital tech sector GVA grew nearly 6x faster than the rest of the UK economy in 2018 - contributing £149bn to the UK economy and accounting for 7.7% of UK GVADigital tech employed 2.9m people in the UK in 2019, an increase of 40% from 2017 (now accounting for 9% of the national workforce)95 UK companies valued at between $250-$800m in the UK in  2019 - a 27% increase from 2018 - set to become the tech unicorns of the future, of which there are 77 in the UK25% of Europe’s top 20 highest investment tech cities are in the UK - Manchester, London, Bristol, Oxford and Cambridge.