HomeTechInsider insights from UKTN's Scotland tech report 2024

Insider insights from UKTN’s Scotland tech report 2024


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Scotland is rich in entrepreneurial history, home to inventors of everyday things we take for granted like the telephone and TV. More recently, Scotland has been growing its reputation in newer technologies across a range of sectors including AI, space tech and climate tech.

It is home to 8,860 technology companies, which accounts for 5% of all private sector businesses. And that figure is on the rise, with a 21% increase in new technology businesses in 2023. 

Scotland has a number of prominent tech hubs, including Edinburgh, Glasgow, Aberdeen and Dundee and a growing tech community in Inverness. Scotland’s best-known global success stories in the tech sector began in Edinburgh, including Skyscanner and online fantasy sports company FanDuel.

Edinburgh and Glasgow regularly top lists of places to start a business in the UK and Europe thanks to their high standard of living and access to a vast pool of skilled technical workers.

Our new report, available for free, presents an overview of Scotland’s tech ecosystem and explores the factors affecting tech and business growth. Featuring input from Scottish tech companies, investors and key stakeholders, the research reflects the views and experiences on the ground.

In this report, you can find:

– The startups and scaleups to watch in Scotland

– The strengths, challenges and opportunities in the Scottish tech sector

– Analysis collected from the key players in Scotland’s technology sector

– A look at what’s next for Scotland’s tech ecosystem

You can read the full interactive report in your web browser or download the Pdf for free here.

The Scotland tech report is sponsored by KPMG and the Scottish National Investment Bank

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