Deployment of new technologies such as artificial intelligence is driving the search for skilled tech talent across Europe, according to CBRE’s inaugural Global Tech Talent Guidebook.
CBRE’s Global Tech Talent Guidebook analyzes key labor trends across 75 global markets, 25 of which are in Europe, and the impact of those trends on tech industry growth and real estate costs. All of the European markets in the report recorded tech industry employment growth between 2017 and 2022.
Demand for tech talent is beginning to outstrip supply in some markets, spurring employers to expand their hiring to relatively untapped locations, further driven by high labor costs and the greater acceptance of remote workforces in many well-known global markets.
As a result, this has opened opportunities for a number of emerging markets. CBRE identified Bucharest; Porto, Portugal; Seville, Spain; Tallinn, Estonia; Valencia, Spain; and Wroclaw, Poland, as being