机构研究报告-High-tech industry in Israel-外文版培训课件

INDUSTRIES

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MARKETSHigh-techindustryinIsraelCHAPTER

01OverviewLeadingcountriesbyresearchanddevelopment(R&D)expenditureasshareofgrossdomesticproduct(GDP)worldwidein2022LeadingcountriesbyR&DspendingasshareofGDPglobally2022ShareofGDP0%1%2%3%4%5%6%Israel**SouthKoreaTaiwan6.02%5.21%3.96%UnitedStates*Belgium*Japan3.59%3.41%3.41%3.41%SwedenSwitzerland***Austria*3.31%3.2%3.13%2.96%2.89%Germany*FinlandDenmark*Iceland2.66%4Description:In2022,Israelinvestedsixpercentofthecountry'sgrossdomesticproduct(GDP)intoresearchanddevelopment,thehighestworldwide.InSouthKorea,theexpenditureonR&DreachedoverfivepercentofitsGDP.

ReadmoreNote(s):Worldwide,OECD;2020to2022;Derivedfrompurchasingpowerparitycalculations;*Provisionalvalue.

**Estimate.

***Datafrom2021.

****Datafrom2020.

Valuesareadjustedforpurchasingpowerparity(PPP).

Thedefinitiondiffers[...]

ReadmoreSource(s):OECDGrossdomesticproduct(GDP)inIsraelin2023,byindustry(inmillionIsraelishekel)GDPinIsrael2023,byeconomicsectorGDPinmillionIsraelishekels50,0000100,000

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350,000Financial,insurance,realestate,professional,scientific,technical,administrative…Informationandcommunications310,471223,497Manufacturing,miningandquarrying220,819Wholesale,retailtrade,repairofmotorvehicles,accommodationandfoodservic…Housingservices200,031185,263Local,publicanddefenceadministrationandsocialsecurityEducation130,417103,182Humanhealthandsocialworkactivities102,673Construction97,456Transportation,storage,postalandcourieractivitiesArts,entertainmentandrecreation,householdsasemployersandotherservice…Electricityandwatersupply,sewerageandwastemanagementAgriculture,forestryandfishing54,71648,36730,93724,2865Description:Thetotalgrossdomesticproduct(GDP)ofIsraelreachedover1.7trillionIsraelishekelsin2023(about484billionU.S.dollars).Advancedservices,suchasfinancialandscientificservices,accountedforthelargestshareofGDP,reachingover310billionIsraelishekels(some87billionU.S.dollars).Itwasfollowedbytheinformationandcommunicationssector.Bycomparison,agriculturalproductionamountedtoonly24billionIsraelishekels(about6.8billionU.S.dollars).ReadmoreNote(s):Israel,MENA;2023;currentpricesSource(s):IsraelCentralBureauofStatisticsShareofgrossdomesticproduct(GDP)inIsraelin2023,byindustryGDPcontributioninIsrael2023,byeconomicsectorShareofGDP0%2%4%6%8%10%12%14%16%18%20%Financial,insurance,realestate,professional,scientific,technical,administrative…Informationandcommunications17.9%12.9%12.7%Manufacturing,miningandquarryingWholesale,retailtrade,repairofmotorvehicles,accommodationandfoodservic…Housingservices11.5%10.7%Local,publicanddefenceadministrationandsocialsecurityConstruction7.5%5.6%Humanhealthandsocialworkactivities5.9%6%EducationTransportation,storage,postalandcourieractivitiesArts,entertainmentandrecreation,householdsasemployersandotherservice…Electricityandwatersupply,sewerageandwastemanagementAgriculture,forestryandfishing3.2%2.8%1.8%1.4%6Description:Thelargestcontributortogrossdomesticproduct(GDP)inIsraelin2023wastheadvancedservicesindustry,whichprovidesfinancial,scientificandotherservices.Itaccountedforalmost18percentoftheeconomythatyear.Itwasfollowedbytheinformationandcommunicationssector,at12.9percent.Bycomparison,agriculturalproductionamountedtoabout1.4percentofGDP.ThetotalGDPofIsraelreachedover1.7trillionIsraelishekels(about484billionU.S.dollars).

ReadmoreNote(s):Israel,MENA;2023;currentpricesSource(s):IsraelCentralBureauofStatistics;StatistaAnnualvalueofhigh-techindustryoutputinIsraelfrom2013to2023(inmillionIsraelishekels)TechnologysectorvalueaddedtoGDPinIsrael2013-2023400,000350,000300,000250,000200,000150,000338,790200,887150,734105,630201190,0742007100,00060,253200347,26850,000017,322199519992015201920237Description:In2023,thehigh-techindustryoutputinIsraelwasvaluedatalmost339billionIsraelishekels(some92U.S.dollars).Thisreflectedanapproximately69percentincreasesince2019.Furthermore,in2023,thetechnologysector'sshareofGDPreachedalmost20percent.ReadmoreNote(s):Israel,MENA;2013to2023;currentpricesSource(s):IsraelCentralBureauofStatistics;IsraelInnovationAuthorityHigh-techindustryshareofgrossdomesticproduct(GDP)inIsraelfrom2013to2023TechnologysectorcontributiontoGDPinIsrael2013-202325%20%15%19.7%15.5%14.3%13.3%12.3%11.3%10.6%10%5%6.2%19950%19992003200720112015201920238Description:In2023,thehigh-techindustryaccountedfornearly20percentofIsrael'sgrossdomesticproduct(GDP).Thisratiogrewby4.2percentagepointssince2019,whenthetechnologysectorcontributed15.5percentoftheGDP.Thesourcenotesthatinrealterms,since1995,high-techoutputgrewovernine-fold.ReadmoreNote(s):Israel,MENA;2013to2023Source(s):IsraelCentralBureauofStatistics;IsraelInnovationAuthorityTotalannualtaxpaymentsoftechnologycompaniesinIsraelfrom2010to2020(inbillionIsraelishekels)Annualvalueoftaxpaymentsofhigh-techfirmsinIsrael2010-20207.06.05.825.45.235.164.864.775.04.03.02.01.04.524.353.113.041.65201020112012201320142015201620172018201920209Description:ThetotalvalueofcorporatetaxpaymentsoftechnologycompaniesinIsraelpeakedin2020at5.82billionIsraelishekels,roughly1.6billionU.S.dollars.Moreover,therewassignificantgrowthfrom2010to2014,withpaymentsincreasingrapidlybyover200percent.Incontrast,between2014and2020,therewasonlyeightpercentgrowthinstaterevenuefromthetechnologyindustry.ReadmoreNote(s):Israel,MENA;2010to2020Source(s):IsraelInnovationAuthority;MinistryofFinance(Israel)NoteworthytrendsinthetechnologyindustryinIsraelin2024LeadingtrendsinhightechinIsrael2024Shareofrespondents0%10%20%30%40%50%60%70%Artificialintelligence(AI)Cybersecurity63%45%Defencetech40%39%38%38%HealthtechAgriandfoodtechClimatetechEnterpriseITanddataFintech12%9%8%InternetofThings(IoT)BlockchainTechnology2%10Description:AsofNovember2023,63percentofleadersinthetechnologyindustryinIsraelidentifiedthefieldofartificialintelligence(AI)asthemostnoteworthytrendexpectedin2024.Thiswasfollowedbycybersecurityanddefensetech.Incontrast,onlytwopercentoftherespondentspointedtoblockchaintechnologiesasimportant,reflectingacontinuouslossofinterestinthisformerlytrendingtechnology.ReadmoreNote(s):Israel;November2024;123respondentsSource(s):Start-UpNationCentralCHAPTER

02InternationaltradeTotalvalueofindustrialexportsfromIsraelin2023,bytechnologicalintensity(inmillionU.S.dollars)ValueofmanufacturingexportsinIsrael2023,bytechnologicalinput25,00020,00015,00010,00021,54620,9227,8955,00003,911LowtechnologyMedium-lowtechnologyMedium-hightechnologyHightechnology12Description:In2023,thetotalvalueofhigh-technologyindustrialexportsinIsraelreachedjustover21.5billionU.S.dollars.Similarly,thevalueofexportedmanufacturedgoodswithmedium-hightechnologicalintensitywasjustbelow21billionU.S.dollars.Lowtechnologyexportswerevaluedataround3.9billionU.S.dollars.Inrecentdecades,Israeliindustrialexportswerelargelydrivenbyhigh-technologyproductssuchascomputers,chemicalproductsandaircraft.

ReadmoreNote(s):Israel,MENA;2023Source(s):Eurostat;IsraelCentralBureauofStatisticsAnnualvalueofgoodsandserviceexportsbythehigh-techindustryinIsraelfrom2020to2023(inmillionU.S.dollars)ValueofexportsofthetechnologysectorinIsrael2020-202390,00080,00070,00060,00050,00040,00030,00020,00010,000075,91076,58669,27559,642202020212022202313Description:In2023,thevalueofgoodsandservicesexportedbyIsrael'shigh-techindustrywasalmost76.6billionU.S.dollars.Thisreflectedaslightincreaseofapproximatelyonepercentcomparedtothepreviousyear.Duringtheperiodobserved,thevalueofhigh-techexportshadasteadygrowth.Thisincludedproductssuchaspharmaceuticals,electronicsandsoftware.ReadmoreNote(s):Israel,MENA;2020to2023Source(s):IsraelCentralBureauofStatisticsShareofhigh-techindustryoutputoftotalvalueofexportsfromIsraelfrom2013to2023ShareoftechnologysectorexportsoftotalnationalexportsinIsrael2013-202360%50%52.9%46.6%40.5%40%30%20%10%0%20132018202314Description:In2023,technologysectorexportsofgoodsandservicesaccountedfornearly53percentofIsrael'stotalnationalexportsthatyear.Thisratiogrewby12.4percentagepointssince2013,whenthehigh-techsectorcomprised40.5percentofthetotalexports.Overall,since2020,high-techexportsaccountedforover50percentofallthecountry'sexports.ReadmoreNote(s):Israel,MENA;2013to2023Source(s):IsraelCentralBureauofStatistics;IsraelInnovationAuthorityAnnualvalueofhigh-techindustrygoodsexportsfromIsraelfrom2019to2023(inmillionU.S.dollars)ValueoftechnologysectorgoodsexportsfromIsrael2019-202325,00023,30721,54619,98120,00017,05616,13215,00010,0005,00002019202020212022202315Description:In2023,thetotalvalueofhigh-technologyindustrialgoodsexportsinIsraelstoodatabout21.5billionU.S.dollars.Thismarkedadecreaseof7.6percentcomparedtothepreviousyear.Thatyear,thevalueofhigh-techexportspeakedat23.3billionU.S.dollars.Theseincludedproductssuchaselectronicdevices,pharmaceuticalsandaircraft.ReadmoreNote(s):Israel,MENA;2019to2023Source(s):Eurostat;IsraelCentralBureauofStatisticsAnnualvalueofcomputer,electronicandopticaldeviceexportsfromIsraelfrom2019to2023(inmillionU.S.dollars)Valueofcomputer,electronicsandopticalproductexportsfromIsrael2019-202318,00016,91816,38016,00014,00012,00010,0008,0006,0004,0002,000015,04211,87611,4252019202020212022202316Description:In2023,thevalueofcomputer,electronicandopticaldeviceexportsfromIsraelreachedabout16.4billionU.S.dollars.Thismarkedadecreaseofoverthreepercentcomparedtothepreviousyear.Duringtheperiodobserved,thevalueofcomputerhardwareexportsoveralltrendedpositively.ReadmoreNote(s):Israel,MENA;2019to2023Source(s):Eurostat;IsraelCentralBureauofStatisticsAnnualvalueofpharmaceuticalproductexportsfromIsraelfrom2019to2023(inmillionU.S.dollars)ValueofpharmaceuticalgoodsexportsfromIsrael2019-20234,0003,7443,5003,1353,0002,5002,3512,1151,8632,0001,5001,00050002019202020212022202317/statistics/1550708/israel-annual-value-of-pharmaceutical-exportsIn2023,thevalueofpharmaceuticalproductexportsfromIsraelwasjustover2.1billionU.S.dollars.Thisreflectedasignificantdecreaseof43.5percentcomparedtothepreviousyear.Thatyear,thevalueofexportspeakedatover3.7billionU.S.dollars.ReadmoreNote(s):Israel,MENA;2019to2023Source(s):Eurostat;IsraelCentralBureauofStatisticsAnnualvalueofaircraft,spacecraftandrelatedmachineryexportsfromIsraelfrom2019to2023(inmillionU.S.dollars)ValueofaerospacegoodsexportsfromIsrael2019-20233,5003,0513,0002,6452,5882,4962,3932,5002,0001,5001,00050002019202020212022202318Description:In2023,thevalueofaerospacegoodsexportedfromIsraelreachedabout3.1billionU.S.dollars,thehighestlevelintheobservedperiod.Thisreflecteda15.4percentincreasecomparedtothepreviousyear.Theseproductsincludedaircraft,spacecraftandrelatedmachinery.ReadmoreNote(s):Israel,MENA;2019to2023Source(s):Eurostat;IsraelCentralBureauofStatisticsCHAPTER

03InvestmentmarketTotalnationalexpenditureoncivilianresearchanddevelopmentinIsraelfrom1996to2023(inbillionIsraelishekels)NationalexpenditureoncivilianR&DinIsrael1996-2023(inbillionIsraelishekels)10090807060509473.562.455.847.942.739.137.940302010034.630.420.717.815.211.320Description:In2023,thenationalexpenditureoncivilianresearchanddevelopmentinIsraelwas92.7billionIsraelishekels,whichisequivalenttoaround25.2billionUSdollars.Thisshowsadeclineof1.4percentcomparedtotheprecedingyear.Ingeneral,thiswasthefirstdropintheIsraelinationalexpenditureoncivilianresearchanddevelopmentsince2008.ReadmoreNote(s):Israel,MENA;1996to2023;Atconstant2015prices;*Provisionaldata.

Expenditureat2015prices.

CurrencyconversiondateasofDecember30,2024.OneU.S.dollar=3.68IsraeliShekels

ReadmoreSource(s):IsraelCentralBureauofStatisticsShareofnationalexpenditureoncivilianresearchanddevelopmentasof2023,bysectorShareofnationalexpenditureoncivilianR&D2023,bysectorHighereducation5.0%Generalgovernment0.9%Privatenon-profitinstitutions0.6%Business93%21Description:In2023,thebusinesssectorinIsraelhadthehighestshareofnationalexpenditureoncivilianresearchanddevelopment,withascoreof93percent.Highereducationinstitutesfollowed,withashareequalto5.5percent.Inthesameyear,thetotalIsraelinationalexpenditureoncivilianresearchanddevelopmentreached92.7billionIsraelishekel(approximately25.2U.S.billiondollars).ReadmoreNote(s):Israel,MENA;2023;currentpricesSource(s):IsraelCentralBureauofStatisticsAnnualtotalvaluesofinvestmentsintechnologycompaniesinIsraelfrom2015to2024(inbillionU.S.dollars)AnnualfundingoftechcompaniesinIsrael2015-2024353025201529.6618.6913.06202012.5310.4120199.661058.696.7664.8402015201620172018202120222023*2024*22Description:Israel'shigh-techsectordisplayedsignsofrecoveryin2024,withtheaggregatevalueofcapitalinvestmentexceeding12.5billionU.S.dollars.Thismarkedasignificantuptickofalmost28percentcomparedtotheprioryear.Thenation'spivotaltechindustryreachedapeakin2021,attractingalmost30billionU.S.dollarsininvestmentfunding,duringaꢀworldwidetechboom.NotwithstandingthechallengesposedbytheIsrael-Hamasconflictandacontractioninglobalcapitalmarkets,the[...]ReadmoreNote(s):Israel,MENA;2015to2024;*Preliminaryestimates.ReadmoreSource(s):IVCResearchCenter;LeumiTechAnnualvalueofinvestmentinleadingtechnologyverticalsinIsraelfrom2015to2024(inmillionU.S.dollars)AnnualcapitalraisedbyleadingtechclustersinIsrael2015-2024CybersecurityGenerativeAIFintechAutomotiveFoodtech20,00018,00016,00014,00012,00010,0008,0006,0004,0002,0000201520162017201820192020202120222023202423Description:In2024,cybersecuritycontinuedtobetheleadingtechnologyclusterinIsrael,intermsoftotalvalueofinvestments.Itraisedover3.6billionU.S.dollarsinfundingduringtheyear.GenerativeAIcompaniesfollowed,afterraisingalmost1.6billionU.S.dollars.Israelifintechventures,whichhavebeenpopularamonginvestors,continuedtoseelowerinvestmentvaluesin2024.Overall,ꢀinvestmentintheIsraelitechnologysectorbegantorecover,afterasignificantslowdowninrecentyears.

ReadmoreNote(s):Israel,MENA;2015to2024Source(s):IVCResearchCenter;LeumiTechAnnualvalueofcapitalinvestedbyinstitutionalinvestorsintechnologycompaniesinIsraelfrom2020to2023(inmillionU.S.dollars)Valueofinstitutionalinvestmentinstart-upsinIsrael2020-2023,byroundLaterroundCroundBroundAroundSeed3,0002,5002,0001,5001,0005000202020212022202324Description:In2023,laterroundinvestmentsbyfinancialinstitutionsinIsraeldroppedto488millionU.S.dollars,comparedtotheirpeakin2021at2.8billionU.S.dollars.BroundandCroundinvestmentsfollowedsimilardeclinesafterpeakingin2021,at1.6and1.3billionU.S.dollars,respectively.Overall,institutionalinvestmentinthetechnologysectorsawasignificantdeclineacrossdifferentstagesoffundingfrom2022.Still,theseinvestorsmaintainedtheirpreferenceformaturestart-upsin[...]ReadmoreNote(s):Israel,MENA;2020to2023Source(s):IsraelInnovationAuthority;IVCResearchCenterValueofinstitutionalinvestmentintechnologycompaniesinIsraelin2023,byvertical(inmillionU.S.dollars)Capitalraisedbystart-upsfrominstitutionalinvestorsinIsraelin2023,bysectorValueofinvestmentinmillionU.S.dollars100

150050200250300AutomotiveDeeptechFintech269250138IoT114CybersecurityFoodtech9051GenerativeAIDigitalhealth222025Description:In2023,thevalueofinstitutionalinvestmentintheautomotivestart-upcompaniesinIsraelstoodat269millionU.S.dollars.Thisrepresentedthehighestlevelofinvestmentbyfinancialinstitutionsamongdifferenttechverticals.Itwasfollowedbyinvestmentsindeeptechandfintech,whichamountedtowith250and138millionU.S.dollars,respectively.ReadmoreNote(s):Israel,MENA;2023Source(s):IsraelInnovationAuthority;IVCResearchCenterAnnualtotalvalueofInnovationAuthoritystart-upgrantsinIsraelfrom2019to2023(inmillionIsraelishekels)ValueofInnovationAuthoritystart-upfundinginIsrael2019-202390084080070060050040030020010006866906886702019*2020*20212022202326Description:In2022,theIsraelInnovationAuthorityallocatedatotalvalueof670millionIsraelshekels(about188millionU.S.dollars)ingrantstotechnologystart-upsinIsrael.Furthermore,thegovernmentofficeallocatedthelargestshareofgrantmoneytolifesciencecompanies.Duringtheobservedperiod,fundingtoearly-stagetechcompaniespeakedin2020at840millionIsraelishekels(about235millionU.S.dollars).ReadmoreNote(s):Israel,MENA;2019to2023Source(s):IsraelCentralBureauofStatisticsCHAPTER

04TechcompaniesTotalnumberofhigh-techcompaniesinIsraelasof2023,bytypeNumberoftechnologyfirmsactiveinIsrael2023,bytype10,0009,0009,1787,6708,0007,0006,0005,0004,0003,0002,0001,0000600515393NewlyfoundedMultinationalcorporationsPubliclytradedcompaniesOther*Total28/statistics/1550814/israel-number-of-hightech-companies-by-typeAsof2023,some9,180technologycompanieswereactiveinIsrael.Ofthese,600werenewlyfoundedstart-upsandover500operatedasdevelopmentcentersformultinationalcorporations(MNC).Furthermore,over390firmswerepubliclytraded.

ReadmoreNote(s):Israel,MENA;2023;*ThevaluewascalculatedbyStatistabasedonfiguresprovidedbythesource.ReadmoreSource(s):IsraelInnovationAuthority;StatistaDistributionofhigh-techcompaniesinIsraelin2022,bysectorElitetechnologycompaniesinIsrael2022,bysectorSemiconductors1%CleanTech10%IT&EnterpriseSoftware25%MiscellaneousTechnologies10%Communications12%Internet22%HealthTech20%29Description:AccordingtoIVCResearchCenterandaMoon,in2022,25percentofthecountry'shigh-techcompaniesfellundertheIT&enterprisesoftwaresector.Thiswasfollowedbytheinternetsector,with22percentofcompanies.OneoutofeveryfivecompanieswasclassifiedasaHealthTechcompany.Thefieldofsemiconductorswastheleastrepresentedsectorofhigh-techcompaniesinIsrael.ReadmoreNote(s):Israel;2022Source(s):aMoon;IVCResearchCenterShareofmultinationalcorporations(MNCs)activeinIsraelinthe1stquarter2024,bytechnologyverticalShareofmultinationalcompaniesoperatinginIsraelQ12024,bytechnologyfieldShareofcompanies10%0%5%15%20%25%24%30%Artificialintelligence(AI)Cloud16%Machinelearning(ML)CybersecurityInternetofthings(IoT)Bigdata15%14%14%13%SaaS12%Financialtechnology(Fintech)MachinevisionAutomotive10%9%8%Devops5%RetailtechnologyIndustry4.05%5%30Description:Asofthefirstquarterof2024,around24percentofmultinationalcorporations(MNCs)activeinIsrael,wereworkinginfieldsofartificialintelligence(AI).Incomparison,cloudcomputingwasthesecond-mostactivetechnologyvertical,with16percentofMNCs,notablylowerthanAI.ThisindicatesahighdegreeofinterestamonginternationalcorporationsinAItechnologies,andIsraelasanimportantlocationforAIinnovation.ReadmoreNote(s):Israel,MENA;Q12024Source(s):IsraelAdvancedTechnologyIndustriesAssociationAnnualtotalnumberofnewtechnologystart-upsfoundedinIsraelfrom2012to2024Annualtotalnumberoftechstart-upsestablishedinIsrael2012-20241,6501,4031,4501,2501,0508501,3801,2841,2271,1831,1601,0871,0891,011920790607650550450201220132014201520162017201820192020202120222023*2024*31Description:Itisestimatedthat550newtechnologystart-upswereestablishedinIsraelduring2024.Thisfigurereflectedamoderationofthedownwardtrendinnewcompanycreations,whichacceleratedin2023.Since2014,annualstart-upfoundingshavedeclinedbyover60percent.Conversely,overthesameperiod,theꢀtotalvalueofinvestmentraisedbytechnologycompanieshasgenerallyincreased.Thismaybeattributedtoamaturingoftheindustryandagrowingshareofcapitaldirected[...]

ReadmoreNote(s):Israel,MENA;2012to2024;*Figuresarepreliminaryestimates.Thesourcenotesthatthedataisestimatedtocorrectforunder-reportingofnewstart-upsestablished,whichiscommoninthefirstyearsofacompany.

ReadmoreSource(s):IVCResearchCenter;LeumiTechLeadingtechnologyunicornsfoundedinIsraelasofMay2024,byvaluation(inbillionU.S.dollars)Mostvaluabletechstart-upsfoundedinIsrael2024ValuationinbillionU.S.dollars0246810121416RapydGoPuffWiz15151212DeelGusto9.5Navan9.29.1VASTDataTaniumTipalti98.3StarkWareFireblocksSnyk887.4Gong7.2532Description:Overrecentdecades,Israelhasemergedasaleadingglobaltechhub.AsofMay2024,thecountryrecorded95techunicorns.LeadingthepackintermsofvaluationswereRapydandGoPuff,bothvaluedat15billionU.S.dollars.Rapydwaspartofthelocalfintechvertical,whileGoPuffdescribeditselfasarapiddigitaldeliveryservicecompany.ThethirdmostvaluableunicornwasthecybersecuritystartupWiz,valuedat12billionU.S.dollars.ReadmoreNote(s):Israel,MENA;2024Source(s):TechAvivBestcompaniestoworkforinIsraelin2024,byBDiCoderankingBestemployersinIsrael2024,byBDiCoderankingRankingTop

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for1NvidiaGoogle23MicrosoftR&D4CheckPointSoftwareTechnologiesAppliedMaterials56DirectInsurance(I.D.I.InsuranceCompany)IsraelAerospaceIndustries(IAI)IntelElectronics789BankHapoalim10CyberarkSoftware33Description:In2024,thebestcompanytoworkforinIsraelwasthesemiconductorfirm,Nvidia,accordingtoaBDiCoderanking.Googlewasrankedasthesecond-bestplaceofemployment,followedbyMicrosoft.Finally,CheckPointSoftwareTechnologiesandAppliedMaterialsIsraelroundedoutthetopfivebestworkplacesinthecountry.Amongthetencompanieslisted,eightatpartofthehigh-techindustry.ReadmoreNote(s):Israel,MENA;2024;2000respondentsSource(s):BDiCodeCHAPTER

05TechworkersAnnualnumberofworkersinthehigh-techsectorinIsraelfrom2015to2023Annualhigh-techemploymentfiguresinIsrael2015-2023NewhiresExistingemployees450,000400,000350,000300,000250,000200,000150,000349,831385,572321,990305,598285,526269,759252,211265,018245,452100,00050,000035,741202227,841202112,807201615,767201820,072201916,392202010,15420236,75920154,741201735Description:In2023,thetotalnumberoftheworkersemployedintheIsraelihigh-techindustryreachedalmost400,000.Technologycompaniesinthecountryaddedjustover10,000workersthatyear.Thisaccountsforanover70percentdropinnewhiringcomparedto2022.Growthinhigh-techemploymentin2023wasimpactedbythepoliticallycontroversialgovernmentjudicialreformandtheoutbreakofwarinGaza,amongotherglobalfactors.ReadmoreNote(s):Israel,MENA;2015to2023;25-64Source(s):AaronInstituteforEconomicPolicy;IsraelCentralBureauofStatistics;IsraelInnovationAuthority;StatistaShareofhigh-techworkerswithintheworkforceinIsraelfrom2012to2024ShareoftechnologyfirmemployeesinIsrael2012-202412.0%11.5%11.0%10.5%10.0%9.5%11.6%11.5%11.3%11.3%10%9.8%9.5%9.2%20179%9%9.0%8.6%8.5%20138.5%8.0%7.5%8.1%20122014201520162018201920202021202220232024*36Description:Asofmid-year2024,theshareofhigh-techemployeesinIsraelrelativetothenationalworkforcewas11.5percent.Thisreflectedanincreaseof0.2percentagepointscomparedtotheendof2023.Overtheobservedperiod,thisratiogrewfrom8.1percentin2012.ReadmoreNote(s):Israel,MENA;2012toH12024;25-64years;*DataasofH12024.ReadmoreSource(s):AaronInstituteforEconomicPolicy;IsraelCentralBureauofStatistics;IsraelInnovationAuthorityNumberofemployeesinthetechnologysectorinIsraelin2023,byindustry(in1,000s)Numberofhigh-techworkersinIsrael2023,bysub-sectorNumberofemployeesinthousands050100150200250Computerprogramming,consultancyandrelatedactivitiesComputer,electronic,andopticalproductmanufacturingResearchanddevelopmentinengineeringandnaturalsciencesTelecommunications227.579.74525.524AerospaceandrelatedmachinerymanufacturingResearchanddevelopmentcentres18.814.4Pharmaceutical(incl.homeopathic)productmanufacturingDataprocessing,hostingandrelatedactivities;webportals637Description:Israel'sadvancedtechnologysectorcontinuedtobeamajordriverofthecountry'seconomyin2023,employingover440,000people.Amongthevarioustechnologyindustries,computerprogrammingran