Taipei, April 9 (CNA) Sales generated by the computer and information services industry in Taiwan hit a new high of more than NT$450 billion (US$15.57 billion) in 2021, at a when the home economy exploded amid COVID -19, according to the Ministry of Economic Affairs (MOEA).
Data compiled by the Department of Statistics as part of the MOEA showed the industry’s posted revenue stood at NT$453.4 billion in 2021, up 12.4% from the year. previous. The growth was the highest since 2008, the data showed.
With the increasing demand for emerging technologies such as 5G applications, high-performance computing devices, Internet of Things related gadgets, and cloud-based data processing, many companies want to use more hardware and software to ensure cybersecurity, the MOEA said.
Given the growing popularity of information system services in the business sector, such as software packages, the ministry added, the revenue generated by the local computer and information services industry has increased every year from from NT$272.5 billion in 2012 to a record NT$453.4 billion in 2021.
From 2012 to 2021, the compound annual growth rate of sales in the industry reached 5.7%, according to the MOEA.
In 2021, computer programming design, consulting and related services was the main driver of sales growth in the industry, with revenue reaching a new high of NT$341.4 billion, up 11, 8% over the previous year, according to the ministry, adding that the growth resulted from an increase in demand from companies to build storage networks and improve information protection.
The MOEA added that the information services segment recorded revenue of NT$112.0 billion, also a record high, in 2021, up 14.1% from the previous year. largely due to intensive promotions by online auction site operators and social media owners.
In 2021, the computer and information services industry spent NT$13 billion on research and development, up 10.8% from the previous year, with related personnel expenditure reaching NT$10.4 billion NT dollars, accounting for nearly 80% of total R&D spending, the MOEA said. .
The MOEA said the number of employees in the computer and information services industry rose 3.0% year-on-year to 119,000 in 2021, beating the average decline of 0.1 % suffered in the entire service sector.
The workforce in the computer and information services industry topped 100,000 for the first time in 2018, the MOEA added.
In addition, the industry’s average regular salary increased by 3.5% year-on-year to reach NT$69,000 in 2021, surpassing the NT$45,000 average for the entire service industry. , according to the MOEA.