Digital technologies is one of the fastest growing parts of Australia’s economy with its economic contribution growing from $50 billion in 2011 to $79 billion in 2013-14.
Deloitte Access Economics and the Australian Computer Society Australia’s have partnered to produce Australia's Digital Pulse which examines how digital disruption is dramatically changing industries and occupations across the economy.
The report found there has been 5% growth in the number of ICT professionals, with an increase to 600,000 ICT workers in 2014, and demand for a further 100,000 workers over the next six years. Despite the demand, the number of graduates with ICT qualifications has declined significantly since the early 2000s.
The report shows that Australia needs a workforce that is equipped with the ICT skills necessary to fuel its digitally-driven economic growth. This creates an enormous opportunity for students considering a career in ICT.
- Employment in the ICT sector is expected to grow by 2.5% per year over the next six years to 2020. Compared to employment for the economy as a whole, which is forecast to grow by 1.6%
- The gender pay gap in ICT stands at 20%, significantly lower than the workforce average of 34%
- 47% of all workers who studied ICT are now in other professions, such as advertising, marketing or accounting
- 43% of workers in ICT occupations studied courses other than ICT or engineering, such as commerce and management degrees
- 52% of ICT workers are in industries outside ICT itself including professional services, public administration and financial services
- The highest growth rate in demand for ICT qualifications is forecast for postgraduates, with demand forecast to grow at 4.2% annually over the six years to 2020.