Florida Tech Landscape and Opportunities for Engineering Management Students
Florida might be famous for beaches and theme parks, but it’s also becoming a serious player in tech. Over the past few years, the state has quietly built up a strong, fast-growing tech scene. According to CompTIA’s State of the Tech Workforce 2024 report, Florida’s tech job market grew by 9.50% in 2022 alone, considerably more than the national average growth of 6.28%. This tech employment growth trend above U.S. averages has been consistent since at least 2019.2
One of the key industries in the state is aerospace. Brevard County, home to NASA’s Kennedy Space Center, is quite a hub for aerospace activities, and recent proposals aiming to relocate NASA’s headquarters to the Space Coast could potentially bring hundreds of jobs. In fact, “Florida already supports more than 2,100 NASA federal jobs and nearly 20,000 contractors”, according to George LeMieux, chair of the Florida Council of 100, and “for every NASA federal job in Florida, an additional 16.8 jobs are supported across the state.”3
Then, there is the defense industry, and with it comes an extra layer of cybersecurity. The University of South Florida (USF) is leading a consortium effort to make Tampa Bay a national tech hub in cybersecurity. Home to the Global and National Security Institute, it “offers academic programs in cybersecurity, partners with Cyber Florida, local cybersecurity firms and innovation districts, and conducts research with the U.S. military at MacDill Air Force Base.”4
Last but not least, Florida is experimenting with emerging technologies like electric vertical takeoff and landing (eVTOL) vehicles, and Tampa International Airport is already considering constructing vertiports, or helipads, for future air taxis.5
On top of that, you have initiatives like the Synapse Innovation Summit, the B2B Florida Technology Summit, the 23-county Florida High Tech Corridor, and, quite notably, no state income tax. While that last bit makes Florida particularly attractive for engineering management professionals and entrepreneurs, more good news is in store: tech wages here are 119% greater than the overall median wage.2
As a special note for engineering management students, BLS reports that the median annual wage for architectural and engineering managers in the United States was $167,740 in May 2024, compared to $104,030 for other management occupations and $49,500 for all occupations.1 As for the projected employment growth for architectural and engineering managers, the snapshot below speaks for itself: