The tech industry in New Zealand is a rapidly growing sector of the economy that plays a key role in creating jobs and boosting innovation throughout the country. From software development to artificial intelligence, New Zealand has established itself as a major player in the global tech market. At the same time, New Zealand’s non-profit sector offers vital services and support to help vulnerable and disadvantaged members of society live better lives. Here we explore the tech industry and non-profit sector in New Zealand and analyse their potential to drive the country forward.
The Tech Industry in New Zealand
New Zealand has quickly become an international hub for tech development and innovation, evident in the wide range of groundbreaking projects taking place in the country. For instance, in 2019 the tech sector accounted for over $13.5 billion in New Zealand’s total economic output, amounting to a 6% increase from the previous year.
In addition, the tech industry in New Zealand has seen a significant rise in job growth over the past decade. In 2018, over 39,000 people were employed in the industry, a 4.3% increase compared to 2017. Of this figure, over 17,000 people were software developers, showcasing the country’s focus on digital development and modern technologies.
The Non-Profit Sector in New Zealand
The non-profit sector in New Zealand plays an important role in providing essential services to vulnerable and disadvantaged individuals and communities. According to the Ministry of Social Development, there are currently over 57,000 registered charities in New Zealand. These organisations provide a wide range of services, from healthcare to housing, catering to the specific needs of the individuals that they serve.
The non-profit sector is also an important source of employment for New Zealanders. Approximately 2.3% of New Zealand’s total workforce was employed in the charitable sector in 2019, with most of these employees working a part-time or casual basis. This shows the importance of the sector in providing work opportunities, as well as vital services to the New Zealand community.
The Potential of the Tech Industry and Non-Profit Sector
The tech industry and non-profit sector in New Zealand both have the potential to make a positive impact on the nation’s economy and society. Here are three key ways they could do this:
- Job Creation: Both industries have the potential to create high-skilled jobs, which will not only provide work opportunities for New Zealanders but also help boost the country’s economy.
- Innovation: The tech industry can help drive innovation, with research and development projects leading to groundbreaking solutions that could improve the lives of New Zealanders.
- Social Welfare: The non-profit sector provides vital services to members of the community, helping to reduce the effects of poverty and other social issues.
Ultimately, the tech industry and non-profit sector in New Zealand have the potential to make a considerable contribution towards the nation’s economy and social welfare. They have the power to create jobs, drive innovation and provide support to those who need it most. In doing so, these industries could help New Zealand move forward into a prosperous and more equitable future.