TechIsland Summit: Pioneering Cyprus, ’ tech-driven future

TechIsland Summit: Pioneering Cyprus, ’ tech-driven future

The ICT sector in Cyprus has shown significant growth, with a 283% increase in GVA from 2011 to 2023, positioning Cyprus fourth in the EU27 for ICT growth. Despite this growth, the employment rate of ICT specialists in Cyprus remains at the EU average of 4.6%, indicating a need for more specialists to catch up with the sector’s growth.