UK named Europe’s top tech sector with $1 trillion valuation

New research values the UK tech industry at a whopping $1 trillion (€942 billion)  — making it comfortably the leading ecosystem in Europe. This sector is now worth more than double Germany’s ($467.2 billion) and three times more than France’s ($307.5 billion), according to a report by data provider Dealroom. The UK also leads the continent in overall funding, unicorns, and startup numbers. “UK tech has remained resilient in the face of global challenges and we have ended the year as one of the world’s leading destinations for digital businesses,” said Digital Minister Paul Scully in a statement. “This is…

This story continues at The Next Web

from LatestTechyTalks