Digital Sector Growth Supported
SME owner comments on the latest ‘Digital Sector Economic Estimates’ report
Recently released statistics from the Department for Culture, Media and Sport have shown strong continued growth in the digital sector year-on-year.
Now making up 7.3% of the UK economy, the estimates in the Digital Sector Economic Estimates report state that the digital sector contributed £118.3bn to the economy in 2014, a 7.2% increase from 2013. The figures also show that not only is the digital sector increasing its economic contribution, but it is also boosting employment by now providing 4.4% of jobs in the UK (1.4m) up from 1.3m in 2011.
Bring Digital is a digital marketing agency based in the North West and can confirm that the last three years have seen the industry grow and, as a small business in the sector, they have certainly felt the benefits.
Turnover for Bring Digital has increased by a massive 110% in 2014/15 and their workforce has increased in a similarly impressive way, up by 55% (Jan 2014 – Jan 2016).
Initial estimates suggest that Bring Digital achieved a turnover of over £1.4million this year, a fantastic result for a Bolton-based SME that is only three years old.
Commenting on the latest government statistics, David Ingram, founder of Bring Digital claims that this is just further proof that now is a very exciting time for the digital sector and urges continued governmental support;
“The latest statistics show that the digital sector is now contributing more than ever to the UK economy and we are so excited to be playing a part in that. Businesses like ours are providing an increasingly important service to companies who want to increase their digital presence. The fact that our sector is contributing more and more to the UK economy shows that it is one that should be nurtured and supported by government.
“We are proud that we have been able to increase our workforce by 55% over the last two years and are continually on the lookout for new talent to add to our rapidly expanding team. Our work with apprentices is very important for us, in terms of nurturing the digital workforce of tomorrow and we are hoping that governmental support for these schemes will continue and open up more opportunities for those wanting to join the sector.”