With roots tracing back to the defense cluster, UC San Diego and numerous research institutions, San Diego’s technology cluster has positioned the region as a hub for innovation in converging and emerging sectors. With established companies like Qualcomm and ViaSat, innovative startups like VaultRMS and Classy, San Diego technology firms are developing unique technologies with global impact.
The region’s technology cluster is now home to a number of innovative and evolving sectors, including telecommunications, cybersecurity, connected devices, data analytics, health IT, bioinformatics, gaming and software as a service (SaaS).
Supporting this growth, San Diego’s major research universities are also on the forefront of technology innovation. UC San Diego generates more patents than any other University of California campus.1
Industry Highlights & Contributions
Jobs: The cluster accounted for about 3,270 companies and 68,825 employees in 2015.2
Innovation economy: With 3,270 companies, the technology cluster made up more than 45 percent of San Diego’s innovation economy employees.2
VC: While San Diego has traditionally commanded a large share of biotech funding, in 2015, nearly half of San Diego’s total VC investment was in software and related industries – a 38 percent increase from the previous year.3
5G: According to Qualcomm, the 5G mobile value chain alone could generate up to $3.5 trillion in revenue in 2035, and support up to 22 million jobs.4