10 Most Lucrative Industries in Tech

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Which industries are the most lucrative for tech pros? According to the latest Dice Salary Survey, banking and finance is in first place—perhaps no surprise, given the segment’s reputation as a high-salary, big-perks environment.

Here are some of the others:

1. Banks/Financial/Insurance

2015 salary: $106,913
Year-over-year change: 7.9 percent

Banks and financial-services firms have an intense need for tech professionals who specialize in data analytics, database management, and software development. Security-related skills are also in high demand.

2. Aerospace & Defense

2015 salary: $106,050
Year-over-year change: 6.6 percent

In states such as Colorado and Virginia, the defense industry has a robust presence—and it’s hungry for tech talent. Cyber-security experts are particularly valued in this arena.

3. Entertainment/Media

2015 salary: $105,418
Year-over-year change: 15.9 percent

With the advent of streaming and other cloud-based services for movies, music, and books, it’s no wonder that the entertainment industry needs (and is willing to pay for) tech pros.

4. Utilities/Energy

2015 salary: $103,736
Year-over-year change: 6.8 percent

Cyber-security and Big Data pros will play a big role in coming years as utility companies move to update (and harden) their respective grids.

5. Professional Services

2015 salary: $103,685
Year-over-year change: 5.3 percent

Consultants and others who fall in the ‘professional services’ category help companies with a variety of tasks, including the upgrading of IT infrastructure. Thanks to companies’ continual need for outside help, salaries in this category have risen over the past few years.

6. Computer Software

2015 salary: $101,097
Year-over-year change: 5.6 percent

Software is eating the world, as investor Marc Andreessen once said. With the Internet of Things and other burgeoning segments expanding software platforms to everything from fridges to cars, it’s hard to imagine a scenario in which apps and cloud-based services don’t become even more ubiquitous in coming years.

7. Medical/Pharmaceutical/Biotech

2015 salary: $103,736
Year-over-year change: 9.8 percent

Evolutions in biotech are based on the ability to store and analyze massive amounts of information, making Big Data experts progressively more important to the field.

8. Telecommunications

2015 salary: $99,420
Year-over-year change: 11.2 percent

Just wait until 5G becomes the mobile telecommunications standard: it’ll kick off a paradigm shift in how people not only build apps and services, but also consume data.

9. Computer Hardware

2015 salary: $99,346
Year-over-year change: 7.6 percent

Software needs hardware on which to run; the tech industry needs hardware experts who can build lighter, faster, cheaper systems. Although the U.S. manufacturing industry has seen a steady corrosion in the number of jobs over the past few years, the need for hardware experts remains strong.

10. Consumer Products

2015 salary: $98,920
Year-over-year change: 14.2 percent

As consumer products become increasingly connected to the Web (thanks to the still-nascent Internet of Things movement), there’ll be a rising need for cloud and connectivity experts who can make those goods “smart.”

Image Credit: anyaivanova/Shutterstock.com

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One Response to “10 Most Lucrative Industries in Tech”

February 18, 2016 at 5:04 pm, Johannes Schonberg said:

For workers displaced by technology or veterans, what is the timeline and education path required for these jobs. Are they jobs you can do without a 4 year degree or with 10 week Udacity courses?

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