The ICT industry is booming and there is still export potential out there.
The ICT industry comprises both the professional field (ICT staff in various sectors) and the core sector itself. Although, for example, it took a number of years for the ICT sector to again reach the employment levels from the peak of the dotcom bubble, just 18 months afterwards there were as many ICT employees spread across all the sectors. However, the strong domestic market obscures the fact that in parts, export opportunities are still not being fully leveraged.
Concerning the current status
The ICT industry is a driver of the Swiss economy, both in terms of the value it creates as well as employment (excl. the “ICT hardware and sales” sub-sector). Given its cross-sector reach, growth in the ICT profession benefits the entire economy and, in turn, all sectors.
«Given the ongoing wave of digitalization, Switzerland’s prosperity largely depends on the health of the ICT industry; this goes beyond the ICT sector itself and thanks to the new, well-paid jobs it creates, more than makes up for any job losses caused by structural changes.»